1 ISK to CAD - Convert Icelandic Króna to Canadian Dollar

Looking at the 30-day window, the ISK/CAD pair traded in a range of 0.010800 to 0.011600. The monthly average was 0.011191 with 1.78% volatility. The relatively low volatility indicates stable trading conditions for the ISK/CAD currency pair.

The current mid-market exchange rate is 1 ISK = 0.011222 CAD, updated as of June 25, 2026, 6:06 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Icelandic Króna to Canadian Dollar Exchange Rate

The ISK/CAD exchange rate tells you how many Canadian Dollar (CAD) you receive for every Icelandic Króna (ISK). At the current mid-market rate of 1 ISK = 0.011222 CAD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the ISK/CAD Conversion

Converting Icelandic Króna to Canadian Dollar involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Sending Money from ISK to CAD

International money transfers from Icelandic Króna to Canadian Dollar can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Canadian Dollar Overview

The Canadian Dollar (CAD) is the official currency of Canada and is heavily influenced by commodity prices, particularly crude oil. It is the fifth most held reserve currency in the world. The CAD exchange rate against ISK reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 ISK = 0.011222 CAD shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.