The Icelandic Krona rates below were last updated 3 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 14 suppliers selling Icelandic Krona in the UK with exchange rates ranging from 128.043 to 134.138.
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 (98,323.15ISK as of Sunday 11th of December 2016 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 1.25% from last Monday's rate of 135.84 to today's rate of 134.138 which means £750 will buy you kr1,276.50 less now than it would have a week ago. During this period the best rate we recorded was 135.84 on Monday and the worst rate was 133.338 on Wednesday.
The 90 day outlook has seen the Icelandic Krona rate drop by 8.10% from 145.962 on 13th September 2016 to 134.138 today. Based on these figures, £750 would have bought you kr8,868.00 more three months ago that it would have today. We recorded a high rate of 145.962 on 13th September 2016 and a low rate of 130.3 on 2nd November 2016.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go 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 is at risk.
Posted by Matthew Weston on 9th December 2016
After what has been a year of uncertainty for Britain and the pound, it is slowly making improvements in the markets. With this and the continued decline of the Euro, the exchange rate is looking better for Bri read more
Posted by Adam Silveston on 9th December 2016
Question: What currency is used in Dublin Ireland Answer: The currency used in Dublin Ireland is the Euro Currency. However, if you go to Northern Ireland the currency used is the British Pound. The History of read more