The Icelandic Krona rates below were last updated 2 minutes ago
If you're travelling to Iceland soon you'll want to get the best deal on your Icelandic Krona. Our free comparison service compares the best Icelandic Krona rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 17 suppliers selling Icelandic Krona in the UK with exchange rates ranging from 119.370 to 127.469.
But wait, it gets better! Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Icelandic Krona exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
The Icelandic Krona is not accepted anywhere other than Iceland. Changing money once you are there may incur commissions of up to 8.75% as well as poor exchange rates, so buying in advance is usually more profitable. Buying Icelandic Krona here in the UK should be no problem as it is stocked by a wide range of providers from supermarkets to banks. The best rates are offered by the larger online bureau de change offering up to 15 Krona to the pound more than the high street competition. You may need to inform your bank that you are intending to travel to Iceland so they can enable your cards for use. Otherwise you may find you cannot use UK cards in local chip and pin machine and ATMs.
According to the UK Foreign and Commonwealth Office (FCO), hotel accommodation in Iceland is often fully booked during the summer. If you travel on flight only tickets you must ensure that all your accommodation has been reserved before departure.
You can change unused Krona back into sterling using our currency buyback service here in the UK, or over the counter when you are in Iceland. According to our data the average visitor takes £733 (93,434.78ISK as of Wednesday 1st of March 2017 and based on the data from 1st of July to 30st of September, 2016), this is more than double the £300 value we saw 1st August and 31st October 2013. You should budget about 20,000 ISK per day for a stay in Iceland.
British passport holders can visit Iceland for up to three months without a visa. If you intend on staying for longer than this you must apply for a residence/work permit from the Icelandic Directorate of Immigration.
Over the past week the Icelandic Krona has dropped by 2.85% from last Thursday's rate of 131.209 to today's rate of 127.469 which means £750 will buy you kr2,805.00 less now than it would have a week ago. During this period the best rate we recorded was 131.209 on Thursday and the worst rate is 127.469 recorded today.
The 90 day outlook has seen the Icelandic Krona rate drop by 5.90% from 135.466 on 2nd December 2016 to 127.469 today. Based on these figures, £750 would have bought you kr5,997.75 more three months ago that it would have today. We recorded a high rate of 139.771 on 28th January 2017 and a low rate of 127.469 recorded today.
We are accredited partners of the Foreign & Commonwealth Office (FCO) Travel Aware campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens may be at risk.
Posted by Matthew Weston on 1st March 2017
On behalf of everyone at Compare Holiday Money we wish a Happy St David’s Day to all Welsh, non-Welsh and partially-Welsh people across the UK and further beyond. While the day is a celebration of the he read more
Posted by Jade Taylorson on 24th February 2017
This is the third of my four part blog post series, where I’ve been looking at different payment methods to exchange currency. In my previous posts, I’ve looked at cash and debit card payments. Toda read more