ISK - Couronne islandaise

The Couronne islandaise is the currency of Islande. Our currency rankings show that the most popular Couronne islandaise exchange rate is the ISK to USD rate. The currency code for Iceland Krona is ISK, and the currency symbol is kr. Below, you'll find Couronne islandaise rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the Xe Currency Blog, or take ISK rates on the go with our Xe Currency Apps and website.

Being a former member of Denmark, Iceland used the Danish Rigsdaler and then the Danish Krone. In 1885, the country began issuing its own banknotes. Under Danish rule, Iceland was connected to the Scandinavian Monetary Union until 1914 when the monetary union disbanded. In 1918, Iceland gained autonomy from Denmark and the Icelandic Króna was established as the country's official currency. This first Krona suffered hyperinflation and in 1981, a reform took place to revalue the currency by a factor of 100. New notes and coins were issued and the ISO currency code was changed from ISJ to ISK.

Iceland's 2008 Financial Crisis
In 2008, the country suffered a financial crisis where the banking sector collapsed. The value of the Krona plummeted. Although the Central Bank tried to stabilize it by pegging it against the euro, the Krona continued to fall. Since then, there has been debate as to whether or not Iceland should adopt a more stable currency. The euro and the Canadian Dollar have been favored, though opinions are still mixed.

Couronne islandaise Stats

NameCouronne islandaise
Minor unit
Minor unit symbol
Inflation1,80 %
Top ISK conversionISK to USD
Top ISK chartISK to USD chart

Couronne islandaise Profile

CoinsFreq used: kr1, kr5, kr10, kr50, kr100
Bank notesFreq used: kr500, kr1000, kr2000, kr5000, kr10000
Central bankCentral Bank of Iceland

Taux de change en direct

EUR / USD1,13272
GBP / EUR1,18061
USD / JPY114,267
GBP / USD1,33730
USD / CHF0,919816
USD / CAD1,28216
EUR / JPY129,433
AUD / USD0,723397

Taux de la banque centrale

DeviseInterest Rate
JPY-0,10 %
CHF-0,75 %
EUR0,00 %
USD0,25 %
CAD0,25 %
AUD0,10 %
NZD0,50 %
GBP0,10 %