Official exchange rate

Latest fixing: 23.2.2017
Currency Buying rate Selling rate Mid rate
USD 109.22 109.74 109.48
GBP 136.14 136.8 136.47
CAD 83 83.48 83.24
DKK 15.488 15.578 15.533
NOK 13.06 13.136 13.098
SEK 12.146 12.218 12.182
CHF 108.1 108.7 108.4
JPY 0.9644 0.97 0.9672
XDR 147.42 148.3 147.86
EUR 115.15 115.79 115.47
Broad merchandise index 143.8826
Narrow merchandise index 145.9948
Broad trade index 147.4126
Narrow trade index 148.9387
Narrow trade index* 157.9588
Fixing: 2017-02-23
* The index has been recalculated so that, on January 2, 2009, it was assigned a value equivalent to that of the now-discontinued Exchange Rate Index.

The exchange rate of the Icelandic króna is determined in the foreign exchange market, which is open between 9:15 hrs. and 16:00 hrs. on weekdays. Once a day, the Central Bank of Iceland fixes the official exchange rate of the króna against foreign currencies, for use as a reference in official agreements, court cases, and other contracts between parties that do not specify another reference exchange rate; cf. Article 19 of the Act on the Central Bank of Iceland, and fixes the official exchange rate index at the same time. This is done between 10:45 hrs. and 11:00 hrs. each morning that regulated foreign exchange markets are in operation. Under extraordinary circumstances, the Central Bank may temporarily suspend its quotation of the exchange rate of the króna.

Exchange rates of other currencies can be found on a number of websites, including The Central Bank of Iceland cannot be held liable for information found on such websites or for use of such information; furthermore, the Bank wishes to remind the reader of the general disclaimer concerning the reliability of data on the internet, which can be found on the Copyright and disclaimer page on this website.
Information on currency exchange rates is also available in XML format.


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