Official exchange rate

Latest fixing: 20.8.2018
Currency Buying rate Selling rate Mid rate
USD 107.41 107.93 107.67
GBP 136.84 137.5 137.17
CAD 82.13 82.61 82.37
DKK 16.421 16.517 16.469
NOK 12.675 12.749 12.712
SEK 11.683 11.751 11.717
CHF 107.78 108.38 108.08
JPY 0.9703 0.9759 0.9731
XDR 149.11 149.99 149.55
EUR 122.49 123.17 122.83
Fixing: 2018-08-20

The exchange rate of the Icelandic króna is determined in the foreign exchange market, which is open between 9:15 hrs. and 16:00 hrs. on weekdays. Once a day, the Central Bank of Iceland fixes the official exchange rate of the króna against foreign currencies, for use as a reference in official agreements, court cases, and other contracts between parties that do not specify another reference exchange rate; cf. Article 19 of the Act on the Central Bank of Iceland, and fixes the official exchange rate index at the same time. This is done between 10:45 hrs. and 11:00 hrs. each morning that regulated foreign exchange markets are in operation. Under extraordinary circumstances, the Central Bank may temporarily suspend its quotation of the exchange rate of the króna.

Exchange rates of other currencies can be found on a number of websites, including oanda.com. The Central Bank of Iceland cannot be held liable for information found on such websites or for use of such information; furthermore, the Bank wishes to remind the reader of the general disclaimer concerning the reliability of data on the internet, which can be found on the Copyright and disclaimer page on this website.

New February 2, 2018: As of February 1, 2018, the Icelandic króna is again among the currencies for which the European Central Bank quotes a daily reference rate. The ECB had not quoted a rate for the króna since 2008. The foreign exchange reference rates of the ECB are available here. 

Information on currency exchange rates is also available in XML format.

 

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