The Icelandic Krona is the currency of Iceland. The banknotes are printed on paper. The Central Bank of Iceland (CBI) is responsible for issuing the Icelandic banknotes.
The abbreviation for Icelandic krona is ISK, however in Iceland you will see it as “kr” on price tags. Instead of kings, queens, or presidents on the front of the banknotes, all bills feature important historical figures.
Did You Know?
These items cost the USD equivalent in the city of Reykjavik, Iceland*:
10 Mile Cab Ride: $46.98 USD
Budget Dinner for 2: $39.80 USD
Pint of Beer: $9.95 USD
*Figures are based on 2018 data. Information is subject to change as exchange rates and cost of goods fluctuate.
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*Sorry, no personal checks accepted. Valid government identification is required for all credit and debit card transactions. Additional cost for credit card transactions apply. Credit card transaction limit: $500. Debit card transaction limit: $5,000. Payments can be split between multiple payment types. Call your local CXI branch for more details.
About Currency Exchange International
CXI is a full service foreign currency exchange and international payments company headquartered in Orlando, Florida and publicly traded on the Toronto Stock Exchange (TSX:CXI). CXI uses its expertise to make foreign money easier for individuals, businesses, and financial institutions.