Official exchange rate

Latest fixing: 21.2.2020
Currency Buying rate Selling rate Mid rate
USD 127.54 128.14 127.84
GBP 164.68 165.48 165.08
CAD 96.12 96.68 96.4
DKK 18.437 18.545 18.491
NOK 13.658 13.738 13.698
SEK 13.007 13.083 13.045
CHF 129.78 130.5 130.14
JPY 1.1402 1.1468 1.1435
XDR 173.65 174.69 174.17
EUR 137.71 138.49 138.1
Fixing: 2020-02-21

The above-specified reference exchange rates are not intended for direct use in market transactions or in business transactions with financial institutions. They are indicative rates published solely for information purposes and to comply with statutory requirements.

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.

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

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.

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

 

 

 

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