1 ISK to NZD | Iceland Krona to New Zealand Dollar

Learn how to get the best Iceland Krona exchange rate before exchanging your money

The Iceland Krona is the official Iceland Krona currency. ISK/NZD represents the value of Iceland Krona money in New Zealand Dollar money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Iceland Krona to New Zealand Dollar is today at 0.012.

As an example, suppose you are from Wellington New Zealand and you travel to Reykjavik Iceland. There, you need to get 1000 Iceland Kronas ( kr) at a Reykjavik bank to pay your hotel. In this case you would pay 0.012 * 1000 = 11.978 New Zealand Dollars ($). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.

In the example above for a 1000 Iceland Kronas amount, the result of the money conversion is 12.218 NZD for a 2% margin or 12.337 NZD for a 3% margin.

Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 1.198 NZD depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.

Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.

By the way: there are some notations for this currency pair like ISK-NZD or ISKNZD among others. The currency symbol for Iceland Krona is (kr) while the currency symbol for New Zealand Dollar is ($). Note also that the Iceland country code is ISL or IS. The New Zealand country code is NZL or NZ