Official exchange rate

Latest fixing: 23.1.2018
Currency Buying rate Selling rate Mid rate
USD 102.62 103.1 102.86
GBP 143.06 143.76 143.41
CAD 82.2 82.68 82.44
DKK 16.866 16.964 16.915
NOK 13.02 13.096 13.058
SEK 12.756 12.83 12.793
CHF 106.59 107.19 106.89
JPY 0.9271 0.9325 0.9298
XDR 147.89 148.77 148.33
EUR 125.55 126.25 125.9
Broad merchandise index 150.1259
Narrow merchandise index 152.4361
Broad trade index 152.6219
Narrow trade index 154.2012
Narrow trade index* 163.54
Fixing: 2018-01-23
* The index has been recalculated so that, on January 2, 2009, it was assigned a value equivalent to that of the now-discontinued Exchange Rate Index.

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 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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