isk travel card

Icelandic Krona card

Travelling from the UK to Iceland? Spend effortlessly in Icelandic Kronur (ISK) with a multi-currency card.

40+ million worldwide customers use Revolut

Revolut offers so much more than a travel card. Exchange currencies, send money abroad, and hold 36 local currencies in-app. These are just some reasons why our customers rely on us for their travel spending.

How does a Icelandic Krona card work?

How to get your ISK card

Get your Icelandic Krona card in 3 steps

Get revolut.

Join 40+ million people worldwide saving when they spend abroad with Revolut.

Order your card

Order your free Icelandic Krona card. Top up your balance in GBP or 36 other currencies.

Spend like a local

Start spending in Icelandic Kronur.

Currency exchange fees subject to fair-usage limits and weekend markups. Currency exchange shown is only an indicative example.

Why should I get a Icelandic Krona card?

Where is the Icelandic Krona card available?

Spend confidently with a Icelandic Krona card

How to save money when spending in Icelandic Kronur

Tips for saving money in Iceland

Don't exchange at airports or at home.

No need to exchange cash before you travel — use your travel money card to spend or withdraw money from an ATM.

Choose ISK as the local currency

Choose the local currency when spending with your card in shops and restaurants.

Save with a travel money card

Spend in Icelandic Kronur like a local with Revolut.

How to avoid unwanted ATM fees

Need to make ISK withdrawals in Iceland?

Fee-free Icelandic Krona ATM withdrawals

Fee-free atm withdrawals up to £200, fee-free atm withdrawals up to £400, fee-free atm withdrawals up to £800.

ATM withdrawals are subject to fair-usage fees depending on plan. Currency exchange fees may apply.

What are you waiting for?

Save when you travel with a ISK travel card

Rating as of 18 Apr 2024

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Need a little more help?

Icelandic Krona currency card FAQs

Is it better to use a travel money card rather than cash in iceland.

There is no 'best' way to spend in Icelandic Kronur, but here are some tips to help you save money:

• Don’t exchange cash at the airport. It’s much cheaper to withdraw money from an ATM with your Icelandic Krona card.
• Don't carry more cash than you need. When you return home to the UK, you’ll have to re-convert this cash back to GBP.
• Always choose ISK as the local currency when spending with your card in shops and restaurants.
• Download the Revolut app, then sign up to get instant notifications on what you spend and manage your balance.

Are travel money cards safe and secure?

Where can i use my isk travel money card, how much can i pay using my icelandic krona card.

There is no limit to the amount that you can spend using your Icelandic Krona card. Just top up in-app with however much you want and enjoy your travels.

How can I avoid unwanted ATM fees in Iceland?

There are tonnes of benefits to a Icelandic Krona card. Let’s look at a few:

• Send and spend in Icelandic Kronur and 150+ other currencies.
• No need to exchange or carry cash. Pay with your Icelandic Krona card, either contactless or with chip and PIN.
• No need to wait for your physical card to arrive. Instantly add your card to Google Pay or Apple Pay.
• Create single-use virtual cards for safe online shopping or travel bookings.
• Enjoy fee-free ATM withdrawals between £200 and £2,000 monthly, depending on your plan.
• Get instant payment notifications to keep track of how much you spend.
• Stay in control of your card’s security, with card freezing and spending limit controls.
• Easily manage your spending around the world with the free Revolut app.

How do I get a Icelandic Krona travel money card?

To order your Revolut debit card and start spending in Icelandic Kronur, simply:

• Download the Revolut app on your Android or iPhone and sign up for free.
• Order your free Icelandic Krona card. Top up your balance in GBP or 150+ other currencies.
• Get your card in the post or add it to Google Pay or Apple Pay to use it immediately.
• Start spending like a local in Icelandic Kronur.

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5 Best Travel Cards for Iceland

Getting an international travel card before you travel to Iceland can make it cheaper and more convenient when you spend in Icelandic Króna. You'll be able to easily top up your card in USD before you leave the US, to convert seamlessly to ISK for secure and flexible spending and withdrawals.

This guide walks through our picks of the best travel cards available for anyone from the US heading to Iceland, like Wise or Revolut. We'll walk through a head to head comparison, and a detailed look at their features, benefits and drawbacks.

5 best travel money cards for Iceland:

Let's kick off our roundup of the best travel cards for Iceland with a head to head comparison on important features. Here's an overview of the providers we've picked to look at, for customers looking for ways to spend conveniently overseas when travelling from the US:

Each of the international travel cards we’ve picked out have their own features and fees, which may mean they suit different customer needs. Keep reading to learn more about the features, advantages and disadvantages of each - plus a look at how to order the travel card of your choice before you head off to Iceland.

Revolut travel card

Choose a Revolut account, from the Standard plan which has no monthly fee, to higher tier options which have monthly charges but unlock extra features and benefits. All accounts come with a smart Revolut card you can use in Iceland, with some no fee ATM withdrawals and currency conversion monthly, depending on the plan you pick. Use your Revolut account to hold and exchange 25+ currencies, and get extras like account options for under 18s, budgeting tools and more.

Revolut features

Revolut travel card pros and cons.

• Pick the Revolut account plan that suits your spending needs
• Hold and exchange 25+ currencies, and spend in 150 countries
• Accounts come with different card types, depending on which you select
• All accounts have some no fee currency exchange and some no fee ATM withdrawals monthly
• Some account tiers have travel perks like complimentary or discounted lounge access
• You need to upgrade to an account with a monthly fee to get all account features
• Delivery fees may apply for your travel card
• Fair usage limits apply once you exhaust your currency conversion and ATM no fee allowances
• Out of hours currency conversion has additional fees

How to apply for a Revolut card

Set up your Revolut account before you leave the US and order your travel card. Here’s how:

Download and open the Revolut app

Register by adding your personal and contact information

Upload your ID document to complete the verification step

Follow the prompts to confirm your address and order your card

Pay any required delivery fee - costs depend on your account type

Wise travel card

Open a Wise account online or in the Wise app, to order a Wise travel card you can use for convenient spending and withdrawals in Iceland. Wise accounts can hold 40+ currencies, so you can top up in USD easily from your bank or using your card. Whenever you travel, to Iceland or beyond, you’ll have the option to convert to the currency you need in advance if it’s supported for holding a balance, or simply let the card do the conversion at the point of payment.

In either case you’ll get the mid-market exchange rate with low, transparent fees whenever you spend in ISK, plus some free ATM withdrawals every month - perfect if you’re looking for easy ways to arrange your travel cash.

Wise features

Wise travel card pros and cons.

• Hold and exchange 40+ currencies with the mid-market rate
• Spend seamlessly in ISK when you travel
• Some free ATM withdrawals every month, for those times only cash will do
• Ways to receive payments to your Wise account conveniently
• Manage your account and card from your phone
• 9 USD delivery fee for your first card
• ATM fees apply once you've exhausted your monthly free withdrawals
• Physical cards may take 14 - 21 days to arrive

How to apply for a Wise card

Here’s how to apply for a Wise account and order a Wise  travel card in the US:

Open the Wise app or desktop site

Select Register and confirm you want to open a personal account

Register with your email, Facebook, Apple or Google ID

Tap the Cards tab to order your card

Pay the one time 9 USD fee, confirm your mailing address, and your card will be on the way, and should arrive in 14 - 21 days

Chime travel card

Use your Chime account and card to spend in Iceland with no foreign transaction fee. You’ll just need to load a balance in USD and then the money is converted to ISK instantly with the Visa rate whenever you spend or make a withdrawal. There’s a fee to make an ATM withdrawal out of network, which sits at 2.5 USD, but there are very few other costs to worry about. Plus you can get lots of extra services from Chime if you need them, such as ways to save.

Chime features

Chime travel card pros and cons.

• No Chime foreign transaction fees
• No ongoing charges for your account
• Lots of extra products and services if you need them
• Easy ways to manage your money online and in app
• Virtual cards available
• You'll need to inform Chime you're traveling to use your card abroad
• Low ATM limits
• Cards take 7 - 10 days to arrive by mail

How to apply for a Chime card

Here’s how to apply for a Chime account and order a travel card in the US:

Visit the Chime website or download the app

Click Get started and add your personal details

Add a balance

Your card will be delivered in the mail and you can use your virtual card instantly

Monzo travel card

Monzo cards can be ordered easily in the US and used for spending in Iceland and globally. Monzo accounts are designed for holding USD only - but you can spend in ISK and pretty much any other currency easily, with no foreign transaction fee. Your funds are just converted using the network exchange rate whenever you pay or make a withdrawal.

Monzo doesn’t usually apply ATM fees, but it’s worth knowing that the operator of the specific ATM you pick may have their own costs you’ll need to check out.

Monzo features

Monzo travel card pros and cons.

• Good selection of services available
• No foreign transaction fee to pay
• No Monzo ATM fee to pay
• Manage your card from your phone conveniently
• Deposits are FDIC protected
• You can't hold a foreign currency balance
• ATM operators might apply their own fees

How to apply for a Monzo card

Here’s how to apply for a Monzo account and order a travel card in the US:

Visit the Monzo website or download the app

Click Get Sign up and add your personal details

Check and confirm your mailing address and your card will be delivered in the mail

Netspend travel card

Netspend has a selection of prepaid debit cards you can use for spending securely in Iceland. While these cards don’t usually let you hold a balance in ISK, they’re popular with travelers as they’re not linked to your regular checking account. That increases security overseas - plus, Netspend offers virtual cards you can use to hide your physical card details from retailers if you want to.

The options with Netspend vary a lot depending on the card you pick. Usually you can top up digitally or in cash in USD and then spend overseas with a fixed foreign transaction fee applying every time you spend in a foreign currency. You’ll be able to view the terms and conditions of your specific card - including the fees - online, by entering the code you’ll find when your card is sent to you.

Netspend features

Netspend travel card pros and cons.

• Large selection of different card options depending on your needs
• Some cards have no overseas ATM fees
• Prepaid card which is secure to use overseas
• Manage your account in app
• Change from one card plan to another if you need to
• You may pay a monthly fee for your card
• Some cards have foreign transaction fees for all overseas use, which can be around 4%
• Selection of fees apply depending on the card you pick

How to apply for a Netspend card

Here’s how to apply for a Netspend account and order a travel card in the US:

Visit the Netspend website

Click Apply now

Complete the details, following the onscreen prompts

Get verified

Your card will arrive by mail - add a balance and activate it to get started

What is a travel money card?

A travel money card is a card you can use for secure and convenient payments and withdrawals overseas.

You can use a travel money card to tap and pay in stores and restaurants, with a wallet like Apple Pay, or to make ATM withdrawals so you'll always have a bit of cash in your pocket when you travel.

Although there are lots of different travel money cards on the market, all of which are unique, one similarity you'll spot is that the features and fees have always been optimised for international use. That might mean you get a better exchange rate compared to using your normal card overseas, or that you run into fewer fees for common international transactions like ATM withdrawals.

Travel money cards also offer distinct benefits when it comes to security. Your travel money card isn't linked to your United States Dollar everyday account, so even if you were unlucky and had your card stolen, your primary bank account remains secure.

Travel money vs prepaid card vs travel credit card

It's helpful to know that you'll be able to pick from several different types of travel cards, depending on your priorities and preferences. Travel cards commonly include:

• Travel debit cards
• Travel prepaid cards
• Travel credit cards

They all have distinct benefits when you head off to Iceland or elsewhere in the world, but they do work a bit differently.

Travel debit and prepaid cards are usually linked to an online account, and may come from specialist digital providers - like the Wise card. These cards are usually flexible and cheap to use. You'll be able to manage your account and card through an app or on the web.

Travel credit cards are different and may suit different customer needs. As with any other credit card, you may need to pay an annual fee or interest and penalties depending on how you manage your account - but you could also earn extra rewards when spending in a foreign currency, or travel benefits like free insurance for example. Generally using a travel credit card can be more expensive compared to a debit or prepaid card - but it does let you spread out the costs of your travel across several months if you'd like to and don't mind paying interest to do so.

What is a prepaid travel money card best for?

Let's take a look at the advantages of using a prepaid travel money card for travellers going to Iceland. While each travel card is a little different, you'll usually find some or all of the following benefits:

• Hold and exchange foreign currencies - allowing you to lock in exchange rates and set a travel budget before you leave
• Convenient for spending in person and through mobile wallets like Apple Pay, as well as for cash withdrawals
• You may find you get a better exchange rate compared to your bank - and you'll usually be able to avoid any foreign transaction fee, too
• Travel cards are secure as they're not linked to your everyday USD account - and because you can make ATM withdrawals when you need to, you can also avoid carrying too much cash at once

Overall, travel cards offer flexible and low cost ways to avoid bank foreign transaction and international ATM fees, while accessing decent exchange rates.

How to choose the best travel card for Iceland

We've picked out 5 great travel cards available in the US - but there are also more options available, which can make choosing a daunting task. Some things to consider when picking a travel card for Iceland include:

• What exchange rates does the card use? Choosing one with the mid-market rate or as close as possible to it is usually a smart plan
• What fees are unavoidable? For example, ATM charges or top up fees for your preferred top up methods
• Does the card support a good range of currencies? Getting a card which allows you to hold and spend in ISK can give you the most flexibility, but it's also a good idea to pick a card with lots of currency options, so you can use it again in future, too
• Are there any other charges? Check in particular for foreign transaction fees, local ATM withdrawal fees, inactivity fees and account close fees

Ultimately the right card for you will depend on your specific needs and preferences.

What makes a good travel card for Iceland

The best travel debit card for Iceland really depends on your personal preferences and how you like to manage your money.

Overall, it pays to look for a card which lets you minimise fees and access favourable exchange rates - ideally the mid-market rate. While currency exchange rates do change all the time, the mid-market rate is a good benchmark to use as it’s the one available to banks when trading on wholesale markets. Getting this rate, with transparent conversion fees, makes it easier to compare costs and see exactly what you’re paying when you spend in ISK.

Other features and benefits to look out for include low ATM withdrawal fees, complimentary travel insurance, airport lounge access or emergency cash if your card is stolen. It’s also important to look into the security features of any travel card you might pick for Iceland. Look for a card which uses 2 factor authentication when accessing the account app, which allows you to set instant transaction notifications, and which has easy ways to freeze, unfreeze and cancel your card with your phone.

For Iceland in particular, choosing a card which offers contactless payments and which is compatible with mobile wallets like Apple Pay could be a good plan. Card payments are extremely popular in Iceland - so having a card which lets you tap and pay easily can speed things up and make it more convenient during your trip.

Ways to pay in Iceland

Cash and card payments - including contactless, mobile wallet, debit, credit and prepaid card payments - are the most popular ways to pay globally.

In Iceland card payments are common in most situations. You’ll be able to make Chip and PIN or contactless payments or use your favourite mobile wallet like Apple Pay to tap and pay on the go. It’s still worth having a little cash on you just in case - and for the odd situations where cash is more convenient, such as when tipping or buying a small item in a market.

Which countries use ISK?

If you have ISK, you should be able to use it in a few countries. You may decide to keep your travel card topped up with a balance for this trip to Iceland or for the next time you’re headed somewhere which uses ISK.

What should you be aware of when travelling to Iceland

You’re sure to have a great time in Iceland - but whenever you’re travelling abroad it's worth putting in a little advance thought to make sure everything is organised and your trip goes smoothly. Here are a few things to think about:

1. Double check the latest entry requirements and visas - rules can change abruptly, so even if you’re been to Iceland before it’s worth looking up the most recent entry requirements so you don’t have any hassle on the border

2. Plan your currency exchange and payment methods - you can change USD to ISK before you travel to Iceland if you’d like to, but as card payments are common, and ATMs widely available, you can actually leave it until you arrive to get everything sorted as long as you have a travel money card. Top up your travel money card in USD and either exchange to ISK in advance or at the point of payment, and make ATM withdrawals whenever you need cash. Bear in mind that currency exchange at the airport will be expensive - so hold on until you reach Iceland to make an ATM withdrawal in ISK if you can.

3. Get clued up on any health or safety concerns - get travel insurance before you leave the US so you have peace of mind. It’s also worth reading up on any common scams or issues experienced by tourists. These tend to change over time, but may include things like rip off taxis or tour agents which don’t offer fair prices or adequate services.

Conclusion - Best travel cards for Iceland

Ultimately the best travel card for your trip to Iceland will depend on how you like to manage your money. Use this guide to get some insights into the most popular options out there, and to decide which may suit your specific needs.

FAQ - best travel cards for Iceland

When you use a travel money card you may find there’s an ATM withdrawal fee from your card issuer, and there may also be a cost applied by the ATM operator. Some of our travel cards - like the Wise and Revolut card options - have some no fee ATM withdrawals every month, which can help keep down costs.

Travel money cards may be debit, prepaid or credit cards. Which is best for you will depend on your personal preferences. Debit and prepaid cards are usually pretty cheap and secure to spend with, while credit cards may have higher fees but often come with extra perks like free travel insurance and extra reward points.

There’s no single best prepaid card for international use. Look out for one which supports a large range of currencies, with good exchange rates and low fees. This guide can help you compare some popular options, including Wise, Revolut and Monzo.

Yes, you can use your local debit card when you’re overseas. However, it’s common to find extra fees apply when spending in foreign currencies with a regular debit card. These can include foreign transaction fees and international ATM charges.

Usually having a selection of ways to pay - including a travel card, your credit or debit card, and some cash - is the best bet. That means that no matter what happens, you have an alternative payment method you can use conveniently.

Yes. Most travel debit cards have options to make ATM withdrawals. Check the fees that apply as card charges do vary a lot. Some cards have local and international fees on all withdrawals, while others like Wise and Revolut, let you make some no fee withdrawals monthly before a fee kicks in.

Both Visa and Mastercard are globally accepted. Look out for the logo on ATMs and payment terminals in Iceland.

The cards you see on this page are ordered as follows:

For card providers that publish their exchange rates on their website, we used their USD / ISK rate to calculate how much Icelandic Króna you would receive when exchanging / spending $4,000 USD. The card provider offering the most ISK is displayed at the top, the next highest below that, and so on.

The rates were collected at 15:54:21 GMT on 19 February 2024.

Below this we display card providers for which we could not verify their exchange rates. These are displayed in alphabetical order.

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Where to Get Icelandic Krona in the USA Without Huge Fees

Jarrod Suda

A writer and editor at Monito, Jarrod is passionate about helping people apply today’s powerful finance technologies to their lives. He brings his background in international affairs and his experiences living in Japan to provide readers with comprehensive information that also acknowledges the local context.

Links on this page, including products and brands featured on ‘Sponsored’ content, may earn us an affiliate commission. This does not affect the opinions and recommendations of our editors.

Preparing for your travels to Iceland? You may be wondering whether you should prepare some Icelandic Krona in cash prior to your departure, or if its cheaper to simple use your cards in Iceland after arrival.

In this guide, we will explore the best overall place to get Icelandic Krona online in the USA, which is with a travel money card like Revolut or Wise . If you'd like to simply withdraw Icelandic Krona in cash from an ATM in Iceland, we will explain how to do so without incurring unnecessary fees.

We'll cover the costs, and the pros and cons, involved for each method. By understanding your options and their fees up front, you can enjoy the peace of mind that you're getting the best deal for your situation.

We highly recommend Revolut 's travel debit card to buy Icelandic Krona in the USA cheaply. Revolut is a multi-currency account that allows you to hold and exchange US Dollars, Icelandic Krona, and over 30 other foreign currencies at industry-low, transparent fees and exchange rates. Best of all, you can easily do this online or straight from the app!

The Best Places to Buy Icelandic Krona in the USA

• 01. Icelandic Krona travel money card scroll down
• 02. ATMs abroad via travel debit card scroll down
• 03. Online foreign currency exchange scroll down
• 04. Traditional banks scroll down
• 05. Money changer kiosks scroll down
• 06. Airport kiosks scroll down
• 07. Summary: Where to buy Icelandic Krona in the USA scroll down

1. Icelandic Krona Travel Money Card

Travel money cards are prepaid debit cards that let you hold the local currency of your destination (ISK) so that ATMs and point-of-sale devices treat you like a local card holder. Simply top up your card balance in US Dollars and convert those balances to Icelandic Krona. Then use your card to pay with peace of mind like a local.

User-friendly fintech apps like Revolut and Wise far and away offer superior rates when compared to banks and bureau de change kiosks. Since you can download the apps and use their virtual cards directly onto your smartphone, we also consider them to be more convenient. Compare the in more detail with our in-depth prepaid travel card guide .

Revolut Account

Revolut charges no foreign transaction fees on the first $1,000 spent per month and no ATM fees on the first $1,000 per month, although fair use limits and weekend surcharges may apply. This ATM policy is far more generous than other competitors such as  Wise ,  Monzo , and  Monese . If you're in a rush, you'll still be able to access  Revolut's instant virtual card  from the app and add it Apple Pay, Google Pay, and other third-party digital wallets.

• Trust & Credibility 8.9
• Service & Quality 7.9
• Fees & Exchange Rates 8.3
• Customer Satisfaction 9.4

Wise Multi-Currency Account

Unlike banks, credit unions, airport kiosks, and  foreign ATMs , Wise is transparent about never charging a hidden exchange rate margin when you convert your dollars into euros (and 51 other currencies) with them. The live rate you see on Google or XE.com is the one you get with  Wise . Instead, they charge an industry-low commission fee, which ranges from 0.35% to 2.85%.

• Trust & Credibility 9.3
• Service & Quality 8.9
• Fees & Exchange Rates 7.6
• Customer Satisfaction 9.6

2. ATMs Abroad Using a Debit Card With No Foreign Transaction Fees

We recommend getting Icelandic Krona in cash from ATMs with debit cards because credit cards with charge you cash advance fees and high APR on ATM withdrawals. Plus, debit cards will use exchange rates set by your card network (like Visa and Mastercard ), which are near the mid-market rate.

Foreign transaction fees are fixed percentage fees (usually around 2.5%) that card issuers will tack on to the purchase price. These fees pile up when you travel and spend internationally, which is why you should always travel with a card that waives foreign transaction fees .

Travel Tip: Read more about the 5 best debit cards that waives international transaction fees .

Always Pay in the Local Currency

• When the point-of-sale machine or ATM in Iceland ask you to "Pay in ISK" or "Pay in USD", always opt to pay in the local currency: Pay in ISK.

Learn more about dynamic currency conversions .

3. Online Foreign Currency Exchange

Online foreign currency exchange services are convenient and can be reasonably priced if you order a few weeks in advance. Take note to not pay with a credit card because your card provider will treat it like a cash advance, which will incur fixed fees and APR costs. When you order Icelandic Krona in cash online, foreign exchange service providers will charge you two kinds of fees:

• Exchange Rate Margin:  Providers apply an exchange rate that is poorer than the true  "mid-market" exchange rate . They keep the difference, called an  exchange rate margin .
• Commission Fee:  This  fee  is usually a percentage of the amount converted, which is charged for the service provided.

In-Person Cash Pick-Up

Most services allow you to visit a local branch in your neighborhood to pick up your cash. This is usually a no-cost service.

Home Delivery

For added convenience, you can pay a delivery fee to have the money sent to your designated address on a set date and time.

4. Traditional Banks

Despite commonly heard advice, banks and credit unions are outdated currency exchange providers. Many banks offer foreign exchange services online, but you may need to be a client of the bank. You can pay by cash, card, or with your existing account balances.

For illustration, we found that Bank of America was converting €1,000 EUR into $1010.60 USD even though the  mid-market exchange rate  was at €1,000 EUR = $1,063.60 USD*. That's a markup worth $53.

*Exchange rates recorded on 22 September 2023 12:55 CEST.

We generally recommend against getting Icelandic Krona from your traditional bank or credit union.

5. Money Changer Kiosks

Money changers generally charge high exchange rate margins, like banks and online foreign exchange services. We tend to treat these providers in the same category as airport bureau de change. Even if they advertise "no commission," you will still incur the hidden cost of the exchange rate margin.

While these kiosks may be conveniently located in cities and tourist attractions, we recommend going to bank ATM instead, using a prepaid travel card or a debit card that waives foreign transaction fees .

6. Airport Bureau de Change Kiosks

While bureaux de change at airports in the USA may be convenient for last-second exchanges, they charge huge exchange rate margins and hefty commission fees. They should be avoided at all costs.

If you need cash for your trip to Iceland, we recommend that you withdraw cash from an ATM abroad, using a prepaid travel card or a debit card that waives foreign transaction fees .

Summary: Where to Get Icelandic Krona in the USA

Each method to get Icelandic Krona in the USA will have its conveniences and drawbacks depending on your situation.

Here is a summary of the best places to buy ISK with USD:

• Prepaid Travel Money Card: Compare the best travel money cards .
• ATM with Debit Card: The top 5 that waive foreign transaction fees .
• Online Foreign Currency Exchange Service: Learn about travel money .
• Traditional Banks: Explore bank currency exchange .
• Money Changer Kiosks: Find the best way to spend money abroad .
• Airport Bureau de Change: Use ATMs abroad as better alternatives .

Frequently Asked Questions About How to Get Icelandic Krona in the USA

We generally only recommend getting Icelandic Krona in the USA if you open a free multi-currency account from Revolut or Wise . If you want Icelandic Krona while in Iceland, then it is best to simply get cash from an ATM there.

You can use any of the 6 methods included in this article. We recommend travel money card, which let you hold ISK via a multi-currency account and spend them with a card.

Yes, you can exchange for Icelandic Krona at a bank in the USA. However, it is generally expensive because they may charge commission fees and very high exchange rate margins.

• Open an account with Revolut or Wise ;
• Access your account online by desktop or by smartphone;
• Top up USD onto the multi-currency account;
• Convert the USD to ISK using their industry-low rates.

It depends on your method. If you want to get Icelandic Krona in the USA, then we recommend you open an account with a multi-currency account like Revolut or Wise . If you want Icelandic Krona while in Iceland, then its best to get cash from an ATM.

Currency exchange rates are constantly in flux due to market fluctuations. This is why we recommend multi-currency account like Revolut or Wise . They have features that let you lock in a desired exchange rate, which will trigger a conversion if met by the mid-market rate.

Learn More About Where to Best Buy Foreign Currency in the USA

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The 6 Best Travel Money Cards for Iceland 2024

Iceland has firmly established itself as a popular tourist destination from the UK, with jaw dropping scenery, vibrant cities and unique experiences you simply can’t get anywhere else in the world. Iceland may be a dream trip, but it’s not famed for being budget friendly. Getting a travel money card can help.

From the UK you’ll be able to choose from a range of travel debit, prepaid and credit cards which may allow you to cut your overall costs, beat foreign transaction fees, or earn cash back and rewards. This guide walks through your travel money card options and touches on 6 of our favourites to kickstart your research.

Wise - our pick for travel debit card when travelling to Iceland

Wise accounts can hold and exchange 40+ currencies, and you can get a linked Wise card for a one time delivery fee. Top up your account in GBP and switch to ISK before you travel. All currency conversion uses the mid-market exchange rate, with low fees from 0.41%. Here are some of the pros and cons of the Wise travel money debit card, to help you decide if it’s right for you.

Hold and exchange 40+ currencies , including GBP-ISK

No fee to spend any currency you hold, low conversion fees from 0.41%

Mid market exchange rate on all currency conversion

Some fee free ATM withdrawals every month

No ongoing fees and no interest to pay

7 GBP delivery fee

No option to earn points or rewards

Click here to read a full Wise review

What is a travel money card?

A travel money card can be used in the same way as any other credit or debit card. Usually travel cards are contactless so you can tap to pay in stores, spend online and make cash withdrawals just as you do with your bank card. The main difference is that you could cut the costs of spending in a foreign currency, as travel cards are optimised for international spending.

Different cards have their own features and benefits, but some let you hold a balance in multiple currencies, others are designed to avoid foreign transaction fees, while some travel credit cards are handy if you want to earn cash back or rewards overseas.

What are different types of travel cards?

Generally you can split the different types of travel cards available in the UK into the following categories. We’ll walk through the features and benefits of each in a moment:

Travel debit cards

Travel prepaid cards

Travel credit cards

Quick summary: Best travel cards for Iceland

This review of travel cards for visitors to Iceland from the UK picks out 2 of our favourite card options from each category to help you get a feel for which might suit your specific spending patterns. Here’s what we’ll be looking at:

Wise travel debit card : Hold 40+ currencies, including THB, with no ongoing fees, and spend with the mid-market exchange rate with no foreign transaction fee and low conversion costs from 0.43%

Revolut travel debit card : Hold 25+ currencies including ISK, in one of 4 different plan types, including some with no monthly fee, and some which come with ongoing costs but which unlock more benefits and no fee transactions

Post Office travel money card : Hold GBP and 21 other currencies, with a secure card you can pick up in person at a Post Office. A 3% fee applies when spending ISK

Monese travel money card : Hold a balance in GBP, then spend in ISK with no fees, up to your plan’s limit. Different plans on offer, including Simple which has no ongoing fees to pay

Barclays Rewards Visa travel credit card: Spend with the Visa exchange rate, and earn 0.25% cash back, with no foreign transaction fee and no cash advance fee. Interest and penalties can apply

Halifax Clarity Mastercard travel credit card: No foreign transaction fee, no annual fee, and no cash advance fee if you withdraw money at an ATM. Variable interest and penalties can apply

Travel money cards for Iceland compared

Here’s a brief comparison of all the cards we’ve picked out - in a moment we’ll also look at each card in more detail.

Different travel card types available in the UK can work quite differently in terms of features and fees.

As ISK isn’t a super common currency, you may prefer Revolut if you specifically want to convert your funds to ISK in advance, but you can also choose Wise or Monese for currency conversion with low or no fees from GBP.

In general, debit and prepaid travel cards are cheap to use, while credit cards can be convenient for spreading the costs of a trip, but may also come with higher overall costs. Which suits you depends on the types of transactions you’ll make. Read on to learn more.

Travel Debit Cards for Iceland

You can order a travel debit card online from a specialist provider, and manage your balance and transactions in a linked digital account. Travel debit cards often come with multi-currency account balances, although as ISK isn’t a particularly common currency you might not be able to hold krona in your account. Instead, you’ll add money in GBP, and the card will convert your payment to ISK automatically, with no hidden fees and no foreign transaction costs.

Different travel debit cards have their own features - we’ve introduced two popular picks below so you can compare.

Travel debit card option 1: Wise

There’s no fee to open a personal Wise account , but you’ll pay a one time card order fee of 7 GBP. After that there’s no minimum balance and no monthly charge. Wise accounts can support 40+ currencies for holding and exchange, with low fees from 0.43% when you convert currencies, and transparent ATM fees when you exhaust the monthly free transactions available with your account.

No fee to open a personal Wise account, no minimum balance requirement

7 GBP one time fee to get your Wise card

2 withdrawals, to 200 GBP value per month for free, then 0.5 GBP + 1.75%

Hold 40+ currencies, convert between them with the mid-market rate

Get local account details to receive GBP, NZD, EUR, USD and a selection of other major currencies conveniently

Travel debit card option 2: Revolut

Revolut has a selection of different account tiers for personal customers in the UK, including Standard plans with no monthly fee, to the top end Ultra plan which has a 45 GBP/month fee and comes with loads of perks including a fancy platinum plated card. You can hold around 25 currencies, and convert currencies with the mid-market rate to your plan’s allowance. The higher account tiers also come with extras like various different forms of complimentary insurance, discounts, cash back opportunities and travel benefits.

No monthly fee for a Standard Revolut account, or upgrade to one of 4 different account plans which have monthly fees running from 3.99 GBP/month to 45 GBP/month

All accounts have some no fee weekday currency conversion with fair usage fees after that which are 1% for Standard plan holders

Standard plan holders can withdraw 200 GBP overseas per month for free

Hold around 25 currencies

Pros and cons of using debit travel cards in Iceland

How much does a travel debit card cost.

Using a travel debit card is usually pretty cheap, but probably not entirely free. The exact costs depend on the provider you pick and the way you transact.

If you choose the Wise travel debit card you’ll pay a one time fee to get your physical card, but there are no monthly charges or minimum balance requirements after that. ISK isn’t a supported currency for holding a balance so when you spend you’ll pay a small currency conversion cost which can be as low as 0.43%.

Other providers, like Revolut, have different account plans available which means you’ll be able to choose an account with no ongoing charges but relatively limited features, or pay a monthly fee in exchange for getting more no-fee transactions and a range of extras like lounge access or insurance.

How to choose the best travel debit card for Iceland?

The best travel debit card for Iceland will depend to an extent on your personal preference. If you really want to see your travel budget in ISK ahead of time, you might consider Revolut as you can add a balance and then convert to ISK for spending later. Some Revolut accounts have monthly fees so it’s worth comparing your options based on how frequently you might use your card. As an alternative, you might choose Wise which lets you add money as and when you need to and spend in ISK with no foreign transaction fee and no need to convert in advance. Currency conversion costs start from 0.43%.

Is there a spending limit with a travel debit card in Iceland?  

You’ll probably find there’s a spending limit for your travel debit card. However, this limit can vary quite significantly, depending on the provider you pick. You can also usually adjust your spending limits for security in the provider’s app which means you can set the limit you’re comfortable with.

For the providers mentioned above, Revolut UK travel debit card holders have some spending caps based on merchant and transaction type. This applies to things like sending money to others, buying travellers cheques or money orders, and betting. Wise caps monthly card spending at 30,000 GBP but you can also move your limit lower if you’d like to, for security reasons.

ATM withdrawals

ATM withdrawals with a travel debit card are also likely to be subject to limits. Revolut applies a 3,000 GBP limit based on any given 24 hour period. Wise ATM withdrawal limits are 4,000 GBP per month. Both providers allow you to make some no fee ATM withdrawals monthly, but the exact amount you can withdraw will depend on your account type.

Prepaid Travel Cards for Iceland

[Prepaid travel cards] ( https://exiap.co.uk/guides/best-prepaid-travel-cards ) work fairly similarly to travel debit cards, but may not have quite the range of features offered by some debit card options. You’ll still have the advantage that your card isn’t linked to your main UK bank account which adds a layer of security, but there could be a few extra transaction fees which creep in and push up the overall cost. Here are a couple of strong contenders for prepaid travel cards in the UK:

Prepaid travel card option 1: Post Office Travel Money Card

You can order a Post Office Travel Money Card online or pick one up in person at a branch as long as you have a valid ID on you. Cards allow you to top up and hold 22 currencies, although bear in mind a fee applies when you spend in ISK as it’s not a currency supported by the card. That means that when you spend in Iceland, payments will be deducted from your GBP balance instead, with a 3% fee.

3% cross border fee when you spend in ISK

22 currencies are supported for holding and exchange

No fee to spend a currency you hold on your card

ATM withdrawal fee will be deducted from your GBP balance, and will be the equivalent of 1.5 GBP

Manage your account and card from the Post Office travel money app

Prepaid travel card option 2: Monese Travel Money Card

Monese offers several different account plans which come with linked cards you can use while overseas. Depending on the plan you pick you’ll get some free international spending and some free ATM withdrawals. Simple account plans have no monthly fees, but are more limited in terms of no-fee transactions compared to the other account tiers. While Monese does offer foreign currency account plans, these are not available in ISK.

• Pick the account plan that suits your needs, including a Simple plan with no monthly costs and some plans which do have a fee to pay every month
• Accounts offered in GBP, EUR and RON
• Simple account plan holders can spend up to 2,000 GBP a month in foreign currencies with no fees - other account plans have unlimited overseas spending with no extra fees
• All accounts have some fee free ATM withdrawals every month, with variable limits based on account plan
• Virtual cards available

Pros and cons of using prepaid travel cards in Australia

How much does a prepaid card cost.

The costs of a prepaid travel card can vary quite a lot. The Post Office travel card has no initial fee, but as ISK isn’t supported for holding and exchange, you’ll pay a 3% cross border fee when you’re in Iceland. Monese has account plans which offer some currency conversion with no fees every month, so this can still be an attractive option based on cost, but you’ll need to weigh up any monthly fees that apply for your specific card plan.

How to choose the best travel prepaid card for Iceland?

There’s no single best prepaid travel card for Iceland - the right one for you depends on your spending patterns.

If you already have a Post Office Travel Money Card, or if you’re looking for a card you can pick up in person instantly, this could be a contender - but it’s not the cheapest option for Iceland as you’ll pay a 3% fee whenever you spend or withdraw.

Monese does not allow you to hold an ISK balance, but has different plan types which can offer some currency conversion with no fee. That could make it a good option, particularly if you don’t mind paying a monthly fee to unlock more features.

Prepaid travel card spending limit

The Post Office travel card lets you top up to 5,000 GBP at a time, with the maximum balance at any given time set at 10,000 GBP, or 30,000 GBP annually. Monese accounts may have different limits based on the tier you pick - usually set at a maximum holding balance at any time of 40,000 GBP. You may be limited to spending up to 7,000 GBP a day, depending on your account type.

With the Post Office card, you can make up to 17,000 THB maximum daily withdrawals and each withdrawal costs 80 THB. Monese accounts may have a maximum ATM withdrawal of 300 GBP a day, depending on the specific account you pick, so it’s worth reading the fee schedule carefully to understand the details.

Travel credit cards for Iceland

Travel credit cards can be safe and convenient, but are often more expensive than a debit or prepaid card. However, they have their own strong features - you can spread your costs of travel over several months if you want to, you may earn cash back or rewards, and you can use them as a payment guarantee when checking into a hotel or hiring a car. Weigh up the benefits and drawbacks when you’re considering if a travel credit card is right for you.

Travel credit card option 1: Barclaycard Rewards Visa 

The Barclaycard Rewards Visa credit card is a good, straightforward option for UK customers looking for a credit card which does not have foreign transaction fees, and which doesn’t have an annual fee. As with any credit card, some costs can apply including interest fees if you don’t clear your bill monthly, but you’ll be able to earn 0.25% cash back on all your card spending at home and abroad.

No annual fee, with 0.25% cash back on card spending

Currency exchange uses the network rate and no foreign transaction fee

No ATM withdrawal fee - but interest can still apply

28.9% representative APR, with penalty fees for late payments

Secure spending with extra protection on some purchases

Travel credit card option 2: Halifax Clarity Mastercard

The Halifax Clarity Mastercard has a variable interest rate which is based on your creditworthiness, but doesn’t use different rates for different transaction types as some cards do. There’s no foreign transaction fee when you spend or withdraw in foreign currencies, but bear in mind that an ATM operator might charge a fee, and interest accrues instantly for cash advance transactions.

No foreign transaction fee when spending or making a cash withdrawal overseas

Interest applies instantly when making cash withdrawals

Same interest rate applies on all purchase categories

Variable APR based on your credit score - you’ll need to check your eligibility online to see the APR you’d be offered

Spending is covered by the Consumer Credit act which means extra protections for purchases from 100 GBP to 30,000 GBP in value

Pros and cons of using credit cards for Iceland

How much does a travel credit card cost.

The cards we’ve picked out above have no order fee and no annual charge. However to avoid paying interest you’ll need to make sure you pay your bill in full every month - and also avoid using your credit card in an ATM as this can mean interest accrues instantly. If you don’t pay back everything you owe in full you’ll be charged interest - and if you’re late making a payment, penalties can also apply.

How to choose the best travel credit card for Iceland?

If you’re planning on spreading the costs of your spending over a few months it’s worth looking for the card which has the lowest available interest, particularly if it has no annual fee to worry about. If you’ll usually repay your bill in full monthly it may be more important to you to find a card which offers cash back or rewards. Weigh up a few different options while you decide, to make sure you get the right match for your specific needs.

Travel credit card spending limit

Your travel credit card spending limit will be set by the card provider, and will depend on your credit score. You’ll be shown details of your spending limit when you’re approved for a travel credit card.

The cards we’ve looked at earlier don’t charge a cash advance fee, but this is a common cost when using a credit card at an ATM, so worth looking out for when you select any credit card. It’s also worth noting that it’s very common for ATM withdrawals to start accruing interest instantly, so you’ll end up needing to repay some charges whenever you use your credit card in an ATM.

How much money do I need in Iceland?

Iceland is pretty expensive option when it comes to accommodation and food. You may be able to get bargain flights, but if you’re heading out there during peak season and looking to take advantage of some of the unique experiences on offer, you’ll need to stretch that budget a bit. Here’s a quick look at some common costs in Iceland:

Conclusion: Which travel money card is best for Iceland?

Using a travel money card when you’re overseas can help you cut costs and manage foreign transaction fees. It’s also a secure and convenient way to spend and to make cash withdrawals.

The right travel card for Iceland will depend a bit on your priorities. For example, the Wise travel debit card might suit if you need a card for occasional use which allows for real time conversions to ISK with low fees. A Monese travel prepaid card might be a good pick if you’ll only exchange money to the free currency conversion limit set in your specific plan. Or, a travel credit card like the Barclays Rewards Visa could work if you want a card for earning cash back and for using as a payment guarantee.

FAQ - Best travel cards for Iceland

Can you withdraw cash with a credit card in iceland.

Yes. You can use your credit card to make an ATM withdrawal at any ATM in Iceland where your card network is accepted. However, bear in mind you’ll pay interest instantly when you use a credit card in an ATM. Choosing to withdraw with a low cost travel debit card from Wise or Revolut may bring down your overall fees.

Can I use a debit card in Iceland?

Debit cards are pretty widely used in Iceland so you should have no problems paying in larger and chain stores, hotels and restaurants in the cities. Bear in mind that you may not be able to pay with card in smaller merchants or at markets, so having both a prepaid or travel debit card and some Icelandic krona in cash is a smart plan.

Are prepaid cards safe?

Yes. Prepaid cards are not linked to your normal UK bank account which means that they’re safe to use. Even if you were unlucky and someone stole your card while you’re in Iceland, they would not be able to access your main account - and you could freeze your prepaid card in the app easily if you needed to.

What is the best way to pay in Iceland?

Paying for things with a specialist travel debit, prepaid or credit card in Iceland is most convenient. However, having a few options for payment is a good plan, so you’ll always have a back up. Consider getting a travel card from a provider like Wise or Revolut, which has some no fee ATM withdrawals so you can also conveniently get cash for those times card payments aren’t offered.

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• Buy your Icelandic króna online at Post Office
• Check the GBP to Icelandic króna exchange rate for the best deal
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Iceland awaits. Let’s get your travel money sorted

Whether you're going for the glaciers or the volcanoes, the hot springs or the Northern Lights, there are few places with more spectacular scenery than Iceland.

Despite its name and lying just a few degrees south of the Arctic Circle, it has a surprisingly mild climate too. The warm waters of the Gulf Stream regulate its coastal weather and vary Iceland's average summer temperatures from around 5°C at night to as high as 25°C throughout the day.

You'll warm to the exchange rate we offer you for your Icelandic króna too. We offer our best rates online and if you order your Icelandic travel money now, it can be in your pocket the next working day.

Order Icelandic króna online  and you'll get a better deal for your Reykjavik money.

The more Icelandic króna you order, the better your rate. 

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And if your trip’s cancelled, we’ll refund you every penny of your currency within 28 days of purchase.  T&Cs apply

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How far does your Icelandic króna go?

Iceland is expensive for its citizens, not just visitors, so lots of homeowners in Reykjavik let their properties through Airbnb. While there’s a lot of availability, it may contribute to difficult housing situations for locals so it’s preferred visitors stay in formal accommodation like hotels and hostels or outside of the capital

Eating out is considered a treat by the locals. High prices apply to food cooked by someone else, whether that’s a takeaway pizza or a meal in a restaurant

Alcohol can only be bought (outside of bars) in state-run off-licences, which are open during office hours. You might need to plan to stock up before heading out

Items such as designer clothing are taxed highly and so can be very expensive – so don’t go to Iceland expecting to replenish your wardrobe

Renting a car is by far the cheapest way of getting around Iceland

Some common questions

Why visit iceland.

Iceland is one of the more popular destinations for UK travellers in recent years, and it’s not hard to see why. With its unique geothermal landscape, there are rafts of natural phenomena that travellers can’t see anywhere else on earth.

The whole country runs on geothermal energy and is, for many, the template of a country that functions well and offers something for everyone. With its rugged, otherworldly landscapes, bewitching culture of ‘hidden folk’, arts in every town and unique cuisine, travellers are guaranteed an experience like no other.

What is the Iceland króna?

The Icelandic króna is the official currency of Iceland.

The numeric value of króna is quite high, which can make mental arithmetic a little more challenging than, say, US dollars. But once you’ve got your head around it, it’s not too tricky.

Króna come in coins of 1, 5, 10, 50 and 100. The króna is nominally divided into aurar (cents) however these are no longer accepted tender. However, it is hugely unlikely you would see any.

Króna notes are 500, 1,000, 2,000, 5,000 and 10,000.

Where is the Icelandic króna used?

The Icelandic króna is only used in Iceland.

Where can I buy Icelandic króna?

It’s easy to buy Icelandic króna online using our  click and collect service. Or, to buy travel money in-branch,  use our branch finder tool  to locate those that sell currency.

You can get our best exchange rates, and we can also deliver to your home, if you buy online. You’ll get a better rate the more you buy. And, if you buy at a good time for the pound, you can lock in that great rate.

With our travel money buy back  service you can sell us any leftover notes you have. And we can  refund your travel money  at the rate you bought it if your trip’s cancelled for a reason beyond your control.

What are the best ways to pay in Iceland?

Iceland is an increasingly cash-free society and it’s common for locals and visitors to pay for everything using credit cards or debit cards.

But remember that paying for items using a credit or debit card abroad can come with charges, so if you want to keep costs down, it’s useful to research what charges your provider levies.

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A Traveler’s Guide to Icelandic Currency

When traveling abroad, one of the things to consider is how you will pay for everything. After all, vacations to Iceland aren’t free. You’ll probably be interacting with the local money, so it’s helpful to know about exchange rates, how to pay for food , where to get cash, etc. We’ve created this traveler’s guide to Icelandic currency with essential information to help you prepare for your trip.

What is the Currency in Iceland?

The official currency of Iceland is the Icelandic króna (ISK). Krona currency is issued by the Bank of Iceland, our central bank. They oversee the printing of money and also monitor the currency in circulation. We’ve used the króna since the late 1800s, back when we were under Danish rule. Later on, we began making our own Icelandic króna and eventually we fully took over our currency.

What Does Iceland Money Look Like?

Icelandic currency is some of the prettiest national money you will ever see. It features famous historical figures and rich illustrations on colorful bills. I like to bring foreign currency home as a souvenir, and you may find yourself thinking the same during your trip to Iceland.

Krona currency comes in both coins and banknotes. The coins have values of 1, 5, 50, and 100 krona. Our bills have denominations of 500, 1000, 2000, 5000, and 10000. They feature various shades of red, green, blue, purple, brown, and even some multicolored hues. We wanted our money to reflect our national pride, especially after struggling for so long to gain independence.

Some of the historically significant Icelanders on our bills are Jón Sigurðsson, a leader of the Icelandic independence movement, Brynjólfur Sveinsson, a Lutheran bishop, and Ragnheiður Jónsdóttir, a prominent woman in Icelandic society.

Do I Need Iceland Currency During My Trip?

It’s understandable if you want to carry at least some cash with you; after all, you never know what emergencies might pop up. If you’d like to keep a couple of bills of Iceland currency in your back pocket, I’d suggest taking it out at the ATM once you’re there. Double check with your bank to see if they charge you a fee or commission for this. You can also request krona from your local bank, as they have very reasonable rates. Just give them ample lead time as it can take anywhere from a few days to a week to receive the money.

You may also find vendors who accept dollars, euros, or Danish, Swedish, or Norwegian krones.

What I don’t suggest is using the currency exchange bureaus you’ll find in the airport. These offer the worst deal you can get for your money, so I would avoid them like the plague.

Can I Use Debit and Credit Cards in Iceland?

To be perfectly honest, you don’t really need keep to cash on you during your Iceland trip. Both credit cards and your debit card are widely accepted, even at the famous Bæjarins Beztu Pylsur hot dog stand in downtown Reykjavik .

One thing you might not be aware of is that you need your credit card PIN if you plan on paying for anything with a credit card. If you don’t know what yours is, call your credit card company so they can mail it to you. And again, allow time for it to arrive because credit cards PINs are usually sent through standard mail.

What’s the Exchange Rate?

The rate of currency exchange fluctuates according to global trends and seasonal factors. But just to give you an idea for planning your trip, here are the most recent rates for some common currencies.

1 USD = 126 ISK 1 EUR = 142 ISK 1 GBP = 159 ISK

Scandinavian Countries 

1 NOK = 15 ISK 1 SEK = 13 ISK 1 DKK = 19 ISK

Here’s a useful calculator  to help you compare Iceland currency to USD and other world currencies.

Tax-Free Shopping in Iceland and the VAT Refund 

You may have heard about getting a tax refund on your purchases in Iceland. As a tourist, you are entitled to getting up to 24% back on items you buy and plan on taking out of the country. This includes clothes, souvenirs, and other items. As long as you’ve spent at least 6000 Icelandic króna, you are eligible.

The process is very straightforward, but make sure you allow yourself ample time to get everything done. You’ll need to take care of this before you check your bags in, and the line for the VAT refund point can be quite long. Many tourists get turned off by this and forfeit their refund when they see how long the lines are. Arrive early!

When buying something at a store, ask for a tax-free receipt and be sure that you get the signature of the vendor. Then, when you arrive at Keflavik International Airport, head to either Arion bank or customs (depending on the amount of your purchases). Once you get your tax-free form validated, then head to the International Refund Point to get your VAT refund.

A Traveler’s Guide to Icelandic Currency 

Now you’re ready to for your vacation. Traveling to Iceland is a great adventure, just make sure to pack your plastic. You’ll most likely be using cards to pay restaurants , tour operators, and the souvenir shop where you buy your traditional lopapeysa sweater. We use cards everywhere, so if you bring a Visa, MasterCard, or American Express, you’re all set. And maybe take some Icelandic legal tender home with you as a way to remember our amazing little country.

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Currency in Iceland – Info about Icelandic króna, ATMs and exchange rates

By: Author Swedish Nomad

Posted on Last updated: March 20, 2021

Categories Currency , Iceland

Home / Europe / Iceland / Currency in Iceland – Info about Icelandic króna, ATMs and exchange rates

Want to know more about the currency in Iceland? They use the Icelandic Krona (ISK), and here’s more info about ATMs, money and exchange rates before your trip.

I will also answer some of the most frequently asked questions about money and currency in Iceland.

Quick facts about the Icelandic Krona (ISK)

• Name : Icelandic Krona.
• Date of introduction : 1885.
• Coins : 1, 5, 10, 50 and 100 krónur
• Subunit : None
• Banknotes : 500, 1000, 2000, 5000 and 10000 ISK
• Abbreviation : IsKr
• Currency Code : ISK

Can you pay by card in Iceland?

Yes, debit- and credit cards are widely accepted in Iceland, including VISA and Mastercard as well as American Express. Icelanders themselves usually pay the majority of their expenses by card, but it’s still a good idea to get some cash on your trip. 

Should you exchange money before your trip?

Not many banks outside of Iceland will offer to change Icelandic kronur but don’t worry, there is no need to exchange money before your trip. It’s much better to bring a travel card with zero fees for atm withdrawals and currency exchange. 

Exchange currency in Iceland

There are local exchange offices in all major cities, most frequently in Reykjavik. However, there is no real reason to use these because the rate given will be worse than what you get when taking out cash from local ATMs. 

Money in Iceland

Iceland is a developed society where card payment is the norm, but there are still places that only accept cash payments, and it’s a good idea to have some Icelandic Krona with you while traveling around the country. 

The people on the banknotes are all important Icelanders from various times of the country’s +1000-year-old history. 

ATMs in Iceland

Every major city will have one or several ATMs. Most of them are located in the capital Reykjavik, so if you’re planning to venture out into the wilderness and remote towns, it might be a good up to take out some cash before you leave Reykjavik. 

However, even the most remote Icelandic towns will have an ATM nearby. Always remember to be charged in the local currency without conversion. Never use a Euronet ATM, and use the ATMs connected to a local bank instead and avoid expensive currency exchange rates and atm fees. 

The Icelandic ATMs don’t have any local atm fees, but your own bank is likely to charge around €5 per withdrawal + 1-3% in foreign transaction fee. Always use a travel card without fees. 

List of Icelandic banks

• Islandsbanki
• Landsbankinn

More about Iceland’s currency (ISK)

Since 1855, the Icelandic Krona (kronur in plural) is used as currency in Iceland. It has the currency code ISK and is given out by  Seðlabanki Íslands – SI. The Icelandic currency is available in both coins and banknotes. In 1981 a currency reform was performed where the old Icelandic krona was replaced due to high inflation.

By the time of transition and introduction of the new Icelandic Krona, 1 ISK was worth 100 of the old kronur. Previously, a subunit called aurar was also used, but they are no longer used.

Icelandic money in various denominations

Frequently asked questions about Money in Iceland

Can you use euros in iceland.

Euros are usually not accepted as payment in Iceland. And if a shop or tour operator accepts Euros, the rate given will not be good anyway. Always pay in the local currency. 

Can you use US dollars in Iceland?

American Dollars are not accepted in Iceland, but you can exchange US dollars in Reykjavik, but it’s better to bring a travel card with zero fees for ATM withdrawals and card payments.

Should I bring cash to Iceland?

You don’t need to bring cash to Iceland because most places accept card payments, and there are plenty of ATMs around the country, especially in Reykjavik. 

What currencies are accepted in Iceland?

The only legal tender is the Icelandic Krona (ISK). 

Are credit cards widely accepted in Iceland?

Yes, all major debit and credit cards are widely accepted in Iceland, including VISA, Mastercard, American Express, etc. 

Do you need a PIN to use a credit card in Iceland?

Most card terminals in Iceland use the chip-and-PIN system, which requires a 4-digit PIN to make a purchase with your card. Some terminals have the option to bypass this option and let you sign the receipt.

However, it’s better and safer to get a card with a chip and PIN before your trip.

Can I withdraw money in Iceland?

Yes, the Icelandic ATMs accept all major debit and credit cards. 

Can I use my Costco card in Iceland?

Yes, you can use your Costco card in the Icelandic Costco stores as well. 

What about tipping?

Tipping isn’t customary in Icelandic culture and society. The service fee is already included in the price, and there’s no need to add extra tipping to the bill.

However, tipping is always welcomed, and many Icelanders know about the American tipping culture, so they won’t say no to some extra cash. 

Tax-Free Shopping in Iceland

The VAT in Iceland is 25.5% or 7% on special goods. Purchases of souvenirs, gifts, and clothes of more than ISK 6,000 are qualified for a VAT refund if you take them out of the country.

The VAT refund is made in Icelandic Kronur but can be converted into your local currency. You should get a special receipt in the shop if you want to enjoy Tax-Free Shopping.

More reading from Iceland

• Facts about Iceland
• Icelandic food
• Places to visit in Iceland

Do you have more questions about the currency in Iceland? Leave a comment below!

Currency in Iceland

The Travel Money Guide to Iceland

It's hard not to love Iceland? Dramatic landscape with volcanoes, natural hot geysers and massive glaciers. But it's an expensive destination and to get the most out of your trip, it’s a good idea to learn everything you can about the local currency and payment options before you go.

Want to learn more about the currency in Iceland and how to get your hands on it for the best value? Read on to find out:

• What currency is used in Iceland
• How to buy Icelandic currency before you go
• AUD to ISK exchange rates
• Currency exchange in Iceland
• Average costs in Iceland
• Using bank cards in Iceland

What Currency is Used in Iceland?

The official currency of Iceland is the Icelandic Krona , which has the international code ISK and the symbol kr . Krona means crown and other Scandinavian countries such as Denmark and Sweden also use their own Kronas as currency.

Icelandic banknotes have 5 denominations:

The Icelandic Krona has 5 coin denominations: kr1, kr5, kr10, kr50 and kr100. Kr1, kr5 are silver kr10 and kr50 and kr100 are gold.

Using Your Bank Card in Iceland

Most Icelandic businesses are well set up to receive card payments. Some of the  best travel money cards include debit, credit and prepaid cards. But before you use your bank card willy-nilly, it’s worth reading up on the fees and charges you might incur.

Debit Cards

You’ll probably want a debit card if you plan to withdraw money from an ATM. While you may also be able to pay with a debit card in some businesses in the major destinations, you might discover some hefty fees on your account summary.

Depending on your bank, you could be hit with fees for foreign ATM withdrawals or currency conversions. But some banks are better than others; we recommend checking out Wise , ING and Revolut, all of which have travel-friendly debit cards that waive these charges.

Credit Cards

Credit cards can come with some enticing perks, including added security, loyalty programs, and even free travel insurance.

But are they worth it?

Major local businesses, including hotels, restaurants, airline offices, and department stores, accept credit cards. But you might have to pay a surcharge.

Mastercard and Visa are widely accepted. You may also be able to use your American Express card, though local ATMs won’t accept them.

Just be aware of additional charges you may incur for foreign transactions. These could include:

• International transaction fees
• High exchange rate margins
• Potential ‘cash advance fees’ if you use an ATM

If you still prefer credit cards over any other payment, consider going with a company that offers cards that waive certain travel fees. Bankwest Platinum and 28 Degrees both have travel-friendly cards.

Prepaid Travel Cards

The biggest advantages of prepaid travel cards are that you can lock in a favourable exchange rate. You also get a handy back-up card.

Just remember that while they are convenient, you could end up paying a long list of hidden fees. Many travel cards still impose:

• Currency conversion fees
• Uncompetitive exchange rates
• International ATM withdrawal fees
• Initial load fees
• Reload fees
• Inactivity fees

How to Buy Icelandic Krona Before You Go

There’s a certain reassurance that comes with stepping off the plane (or cruise ship) already cashed up with Icelandic Krona .

Buying Icelandic Krona before you leave Australian shores isn’t just convenient. It can also save you money. But it all depends on where you get your Icelandic Krona in Australia. There are three 3 options:

• Buy ISK online and have it delivered or collect it in-store
• Swap Iceland currency for Australian dollars from a money changer
• Buy Icelandic Krona at your home airport

Try  S Money or a similar online currency exchange  store to get rates that reflect the comparisons you see on XE or Google.

If you choose online delivery or in-store pickup, check the processing time. Some exchange companies with online options suggest you allow between two and five days to process currency.

Prefer in-store currency exchange? Head to the CBD of your nearest city for the most competitive exchange rates; suburban bureau de change outlets tend to have poorer rates and fees.

Currency exchange counters in Australia’s airports are infamous for their atrocious exchange rates. Avoid them if you can.

How Much Cash Should I Bring to Iceland?

Budgeting for your trip gives you a good idea of how much you may need for the length of your stay. This might keep you accountable, help you stretch your savings, or help you avoid having to convert currency back into dollars at the end of your trip.

The average daily travel budget in Iceland is about $230 . Some of the expenses you might be looking at include:

$200 per night

A double room in a mid-range hotel

Inexpensive restaurant meal

A bottle of beer

Average daily transport

Admission for entertainment

How to Exchange Currency in Iceland

Places like Reykjavik, and Akureyri receive great numbers of tourists, so there are facilities to cater to money exchanges. Beyond these major destinations, it’s best to get cash before you venture into remote territory.

There are plenty of ATMs in Iceland and as we are all used to getting our cash out at ATMs, its handy. It can sometimes seems like the most convenient way to secure local cash abroad. Tomato ATMs are common in big cities and they are red in colour. They tend to be open 24/7. In addition there are ATMs at the Keflavik Airport, making things extra easy.

Depending on your bank, you may have to pay for overseas ATM withdrawals and currency conversions. To reduce the amount you’ll pay in fees, try to withdraw just the right amount of money you’ll need for the duration of your trip.

Don’t forget : Let your bank know you’re travelling! If they detect a foreign transaction but aren’t aware you’re overseas, they could end up freezing your card.

Currency Exchange in Iceland

You won’t have any problem changing money in Reykavik. The 2 prominent money changers are FX Iceland, which are a professional outfit with rates displayed and Landsbankinn which is one of the major banks in Iceland.

Money changers tend to offer marginally better rates than banks as many banks charge high flat fees of per transaction. Also, banks only exchange currencies on weekdays.

Travellers Cheques

We do not recommend travellers cheques, while they may be accepted, few places outside the well-trodden tourist path will accept travellers cheques, so your best option is to exchange cheques for cash at a bank.

These days, when pitted up against plastic money and currency exchanges, travellers cheques seem more hassle than they’re worth.

Track the best time to buy Icelandic Krona

We match the currency exchange rate with the rate shown on google or xe. in real time..

This means you never pay over-inflated rates and can be 100% positive you are getting the most competitive rate for currency exchange.

• Check out the daily rates:

Not ready to buy yet? You can get a free rate tracker!

ASIC regulated

Like all reputable money exchanges, we are registered with AUSTRAC and regulated by the Australian Securities and Investment Commission (ASIC).

S Money complies with the relevant laws pertaining to privacy, anti-money laundering and counter-terrorism finance. This means you are required to provide I.D. when you place an order. It also means the order must be paid for by the same person ordering the currency and you must show your identification again when receiving your order.

Icelandic Króna (ISK)

Buy Icelandic Króna before you set off and relax at the Blue Lagoon or dive into the bright lights of Reykjavik, knowing you’ve got spending money sorted.

• Clubcard Prices Clubcard Prices

Clubcard Prices are available for all currencies, just enter your Clubcard number on the next page. Full T&Cs below.

• Purchase instantly Purchase instantly

Conveniently purchase currency or prepaid travel money cards in-store at Tesco.

• Home Delivery Home Delivery

Free delivery on orders worth £500 or more.

Exchange rates may vary during the day and will vary whether buying in store, online or via phone.

Select currency

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Buy Icelandic Króna online and collect from selected Tesco stores

Get set for your trip by ordering icelandic króna online and picking your holiday money up in store..

Whether you’re planning a tour to see the Northern Lights or you’re hoping to explore the charming fishing villages of the West Fjords, swap your Pounds for Króna before you go.

Place your order online, choose a date that suits you, then head along to your selected Tesco Travel Money bureau or customer service desk to get your Icelandic Króna. Click & Collect makes exchanging GBP to ISK as easy as picking up your weekly shop.

Find a Store to get your Travel Money

With Click & Collect you can order your travel money online and pick it up from selected Tesco stores near you, or you can buy instantly from an in-store travel money bureau.

Enter a postcode or location

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Buy your Icelandic Króna before you fly

The benefits of buying króna online.

Be ready to enjoy the treats Iceland has to offer from the moment you land, by exchanging GBP for ISK before setting off. Having cash for a coffee at the airport or a taxi to your hotel can make those first experiences all the more sweet.

With local currency in your pocket, you won’t have to spend your time trying to find an ATM that accepts your bank card. You also won’t have to worry about fluctuating exchange rates or additional bank charges.

Get your currency when it's convenient for you

You can use Click & Collect to arrange a time to pick up your Icelandic Króna as part of your weekly shop, either from a Tesco Travel Money bureau or customer service desks. You can also use our home delivery service, which is free for online orders of £500 or more.

Exchange rates can change throughout the day and may vary depending on whether you buy in-store, online, or over the phone.

Common questions about the Icelandic Króna

The Icelandic Króna is the official currency of Iceland and is issued by the Central Bank of Iceland. Its abbreviation is ISK and its international symbol is kr.

Up until the start of the 20th century, Iceland used Danish currency. When the Scandinavian Monetary Union was dissolved in 1918, Iceland began to issue the Icelandic Króna which is separate from the Danish Krone.

Króna notes come in 1kr, 5kr, 10kr, 50kr and 100kr.

Króna coins come in 500kr, 1,000kr, 2,000kr, 5,000kr and 10,000kr.

Iceland is the only country that uses the Icelandic Króna, and the currency is not pegged to any other currencies.

You won’t be expected to leave a tip as standard in Iceland. There isn’t a tipping culture and many restaurants and services include a small gratuity in the bill.

It’s very unlikely that you’ll cause offence by leaving a tip, especially in popular tourist spots like Reykjavik, but don’t be surprised if someone refuses to accept it. Saying no to a tip may be a source of pride. Carrying small Króna banknotes can make it easier to tip when the time is right and you enjoy really good service.

Looking for a different currency?

We sell over 50 currencies. Order online for home delivery or collect from selected Tesco stores.

Important information

Buying foreign currency using a credit or debit card.

No matter how you purchase your travel money, whether it be in store, online or over the phone, you will not be charged any card handling fee by us. However, regardless of your card type, your card provider may apply fees, e.g. cash advance fees or other fees, so please check with them before you purchase your travel money.

Click & Collect cancellations

You can cancel a Click & Collect order any time prior to collection. We'll refund you with the full Sterling amount that you paid for your order, unless you cancel less than 24 hours before your collection date, in which case we'll charge a £10 late cancellation fee.

We are unable to refund any fees charged by your card issuer, so please contact them if you have any further queries.

When you get home, we'll buy your travel money back

Let us turn your unspent holiday money into Pounds. It couldn't be simpler.

Just pop into one of our in-store Travel Money Bureaux when you get home. We buy back all the currencies we sell in most banknote values and also the Multi-currency Cash Passport™. Buy back rates may vary during the day.

It doesn't matter where you bought your travel money, even if it wasn't from a Tesco Travel Money Bureau, we'll still buy it back.

Tesco Travel Money is provided by Travelex

Tesco Travel Money ordered in store is provided by Travelex Agency Services Limited. Registered No. 04621879. Tesco Travel Money ordered online or by telephone is provided by Travelex Currency Services Limited. Registered No. 03797356. Registered Office for both companies: Worldwide House, Thorpewood, Peterborough, PE3 6SB.

Multi-currency Cash Passport is issued by PrePay Technologies Limited pursuant to license by Mastercard® International. PrePay Technologies Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 900010) for the issuing of electronic money and payment instruments. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Clubcard Prices

Clubcard Prices are available on the sell rate only for currencies in stock online, on your date of purchase. The Clubcard Price will be better than the standard rate advertised online on the date of purchase. When purchasing online you must enter a valid Clubcard number to obtain the Clubcard Price rate. Exchange rates may vary whether buying in store, online or by phone.

Clubcard Prices apply to foreign currency notes in stock on your date of online purchase. Due to constant market and currency fluctuations, rates on the date of purchase cannot be compared to another day’s rates. The actual rate you receive may vary depending on market fluctuations. Clubcard data is captured by Travelex on behalf of Tesco Bank.

Check out the Tesco Bank privacy policy to find out more.

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If you've got a problem or query on your order, get in touch with us. We're here to help.

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About the Icelandic Króna (ISK) and banking hours in Iceland

The Icelandic monetary unit is the Króna (ISK) . The coins in circulation are 1, 5, 10, 50 and 100 Krónas. The notes are 500, 1.000, 5.000 and 10.000 Krónas. Please note that in Iceland, periods are used as thousands separators and commas are used as decimal marks. (e.g., 5.000 ISK, 25,5% VAT, etc.)

Currency exchange is available at all banks around the country. Banks in Iceland are generally open 09:00 – 16:00 Monday through Friday, except on public holidays. Exchange services outside regular banking hours are available at Arion Bank at Keflavík International Airport.

Read our guide to paying by credit and debit cards for alternatives to carrying cash.

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Money ... debit card or pre-paid travel card? - Iceland Forum

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Money ... debit card or pre-paid travel card?

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I'm not really sure what I'm talking about, sorry :-) I have had a look through the forum but haven't really reached a conclusion on this!

Thanks for any help you can give me.

From halifax website:

Charges for using your card abroad

If you use your card abroad, the amount of the transaction will be changed to pounds sterling on the date we take it out of your account. This may not be the same date that the transaction is carried out. We'll choose the exchange rate that applies and we'll include a conversion fee of 2.75% of the amount of the transaction. We will also deduct a service charge of £1.50 from your account immediately for each transaction.

You'll have to factor that in when comparing the exchange rate that you will get on a prepaid card. The 2.75% will be taken off the visa or mastercard exchange rate, depending which one you have. Usually that rate is much better than you would get with a prepaid card

It's never worth using a debit card for small purchases if you are charged a transaction fee. My bank charges £1 so for a £2.00 coffee it's not worth using.

For this reason I use my debit card in an ATM to get Isk when I arrive in KEF. I use cash for small purchases and CC for larger purchases. It's perfectly ok to use cash. You have to do what works for you and understand the fees and how it's best to use your cards.

Definitely ISK, not Euros!

Thanks very much for your replies 😃

This topic has been closed to new posts due to inactivity.

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Currency in Iceland ISK - Things to know

Foreign exchange guide to Iceland and the Icelandic krona

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What currency is used in Iceland?

The official currency of Iceland (country code: IS) is the Icelandic krona , with symbol kr and currency code ISK.

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Travel money for Iceland

Save money and time by Ordering your Icelandic krona online from Travelex, you get better rates and can pick up the ISK cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card . Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Icelandic krona otherwise you may get much worst exchange rates.

Travel Ideas and Money Tips for Iceland

An underpopulated island marooned near the top of the globe, Iceland is, literally, a country in the making. It's a vast volcanic laboratory where mighty forces shape the earth: geysers gush, mudpots gloop, ice-covered volcanoes rumble and glaciers cut great pathways through the mountains. Don't for a minute think it's all about the great outdoors. The counterpoint to so much natural beauty is found in Iceland's cultural life, which celebrates a literary legacy that stretches from medieval sagas to contemporary thrillers by way of Nobel Prize winners. Live music is everywhere, as is visual art, handicrafts and locavore cuisine.

The unit of currency used in Iceland is the Icelandic krona, ISK – Íslensk króna in Icelandic.  Króna means crown, the international currency abbreviation is ISK, but in Iceland you will see “kr.”  All banks can exchange currency and most hotels, but you are likely to get a better rate at the bank. Some shops catering to tourists will accept payment in US dollars or euro but not necessarily at the best rate. Almost every shop and most businesses accept Visa and MasterCard credit cards although American Express is not as common.

Cards are commonly used in Iceland even for quite small transactions. However, if you intend to visit isolated villages, or stay in rural farmhouse accommodation in Iceland, it’s a good idea to carry enough cash to tide you over. ATMs – Hraðbanki in Icelandic, or Cash Points, are easily found in cities and towns. It is best to exchange your money into ISK in Iceland, and re-exchange any surplus before you leave, as foreign banks may not deal in ISK.

How to get around in Iceland?

Iceland has an extensive network of domestic flights, which locals use almost like buses. In winter a flight can be the only way to get between destinations, but weather at this time of year can play havoc with schedules. Several year-round ferries operate in Iceland. Major routes all carry vehicles, but it's worthwhile booking ahead for car passage. There is no train network in Iceland.

Having your own wheels in Iceland is a wonderful treat: it allows you to roam the grand countryside at your leisure. Always prepare before setting out: investigate driving times and road conditions (via the Icelandic Road Administration, vegagerdin.is), weather forecasts, safety issues, and if you’re hiking, trail conditions and requirements. Ask locals, who will know the tricks and troubles of each place.

Know which roads are accessible in the type of vehicle you're driving. Beyond Iceland’s main Ring Road (Route 1), fingers of sealed road or gravel stretch out to most communities, until you reach the F Roads, bumpy tracks only passable by 4WD. F roads are truly unsafe for small cars. If you travel on them in a hired 2WD you invalidate your insurance. Steer clear, hire a 4WD, or take a 4WD bus or super-Jeep tour. Similarly, trying to ford a river in a 2WD vehicle or low-slung 4WD is asking for trouble. Never drive off-road. It’s illegal and incredibly damaging to the fragile environment. Cavalier tourists leave tracks where they’ve flouted the rule, and those tracks entice others to do the same. Even with a 4WD, stick to marked roads.

Travel tips for Iceland.

Icelandic is the official language and can be very difficult. Fortunately, as with most Scandinavian countries, English is spoken widely and often very well. Be prepared with a few Icelandic phrases to win the locals over but they will be more than happy to help if they can.

Office hours are generally 09:00-17:00 and 08:00-16:00 during June, July and August. Shopping hours are Mon-Fri 09:00-18:00, Sat from 10:00 to 13:00/14:00/15:00 or 16:00. Some supermarkets are open to 23:00 seven days a week. Banking hours are Mon-Fri 09:00-16:00. 

A large portion of Iceland's road system is made up of gravel roads, even some of the main highways, and more so as you get further away from Reykjavik and larger towns. The main highway around Iceland, Route 1, or Ring Road, circumnavigates Iceland in 1,332 kilometres of which 33 km is dirt road. Most of the population lives in or around Reykjavik so the further you get from the capital the less traffic you'll meet.

Being prepared can open up great wilderness areas such as the Westfjords’ beautiful Hornstrandir Nature Reserve, known for its Arctic foxes, spectacular birding cliffs and unspoiled hiking and camping. If you need additional equipment once in Iceland, Reykjavík has a bevy of suppliers for gear purchase or rental, including Fjallakofinn and Gangleri Outfitters.

Part of the unique gift of Iceland’s volcanic landscape are the excellent natural hot springs you’ll find, from town centre to fjordside. It’s practically a national pastime to hit the local hotpot, soak and gossip. It is, however, an absolute mandatory hygiene and etiquette rule to wash thoroughly with soap before donning your swimsuit to enter their hot springs and pools. Most pools are untreated with chemicals, so cleanliness is a real factor.

Although a relatively small city, Reykjavik compensates for its size with its vibrant and trendy atmosphere. Full of hip cafes, bustling pubs and high-energy clubs, you can be sure that you’ll find plenty of things to do in Reykjavik during your time in Iceland. As well as great vibes during the day and an epic party life at night, Reykjavik also boasts a charming mixture of old town architecture with a modern and innovative twist.

The below interactive chart displays the USD/ISK change and UP 📈 DOWN 📉 trends over the past 1 Year.

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Frequently Asked Questions

What currency should i use in iceland.

The domestic currency in Iceland is the Icelandic krona .

What is the Icelandic krona currency code and symbol?

Which countries use the icelandic krona.

It is the domestic currency in    Iceland.

Is the Icelandic krona a closed currency?

No, the Icelandic krona is freely available and convertible. See guide: What is a closed currency?

What are equivalent amounts of USD and ISK?

Here are some popular conversion amounts for USD to ISK (US dollar to Icelandic krona)*.

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