Currency Guide Iceland

Currency

Iceland Kronur = 100 aurar. Notes are in denominations ISK5000, 2000, 1000, 500

To view images and descriptions of all these denominations [click here]

Credit Cards

Credit cards are widely used in Iceland for purchases and cash advances. It is best to check with your issuing bank before you travel to find out if there is merchant availability in Iceland.

Currency Regulations

The import and export of local and foreign currencies are free.

[Click Here] for more information on doing a money transfer to Iceland.

Currency Exchange

Iceland has three major banks that all provide money exchange services, these are Íslandsbanki, Landsbanki Ísland and Búnaðarbanki. These banks can be found in even the smallest of villages and most have cash machines that can be used 24 hours a day. travellers cheques are also accepted by all banks and most hotels.

Banks

The banking hours in Iceland are generally Monday to Friday from 9.15am to 4pm.

Exchange Rate History

Date   ISK Rate
01/01/02   143.856
01/01/03   125.134
01/01/04   121.699
01/01/05   113.179
01/01/06   105.094

A rough guide to the tourists rates for the Icelandic Kronur since the beginning of 2002

View Icelandic Kronur exchange Rate

Order Icelandic Kronur

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