1 ISK to GBP - Convert Icelandic Króna to British Pound

Looking at the 30-day window, the ISK/GBP pair traded in a range of 0.005900 to 0.006200. The monthly average was 0.006091 with 1.51% volatility. The relatively low volatility indicates stable trading conditions for the ISK/GBP currency pair.

The current mid-market exchange rate is 1 ISK = 0.005987 GBP, 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 British Pound Exchange Rate

The ISK/GBP exchange rate tells you how many British Pound (GBP) you receive for every Icelandic Króna (ISK). At the current mid-market rate of 1 ISK = 0.005987 GBP, 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.

What Affects the ISK to GBP Rate

Exchange rates between Icelandic Króna and British Pound are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the ISK/GBP rate fluctuates throughout trading sessions and over longer time periods.

Icelandic Króna Overview

The Icelandic Krona (ISK) is the official currency of Iceland. One of the world's smallest independent currencies, it is influenced by tourism, fishing, and aluminum exports. Understanding the fundamentals behind ISK helps contextualize its exchange rate movements against GBP and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 ISK = 0.005987 GBP 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.

Reverse Rate: GBP to ISK

The reverse exchange rate is 1 GBP = 167.03 ISK. This is useful if you are starting with British Pound and want to know how much Icelandic Króna you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated GBP to ISK converter for the reverse direction.