1 ISK to GEL - Convert Icelandic Króna to Georgian Lari

Looking at the 30-day window, the ISK/GEL pair traded in a range of 0.020800 to 0.022200. The monthly average was 0.021474 with 1.98% volatility. This upward movement of 2.4% suggests significant momentum in the ISK/GEL exchange rate.

The current mid-market exchange rate is 1 ISK = 0.020919 GEL, updated as of July 3, 2026, 8:50 PM 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 Georgian Lari Exchange Rate

The ISK/GEL exchange rate tells you how many Georgian Lari (GEL) you receive for every Icelandic Króna (ISK). At the current mid-market rate of 1 ISK = 0.020919 GEL, 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.

Historical ISK/GEL Trends

The ISK/GEL exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Sending Money from ISK to GEL

International money transfers from Icelandic Króna to Georgian Lari 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.

Georgian Lari Overview

The Georgian Lari (GEL) is the official currency of Georgia, an EU candidate since 2023. Tourism, wine production, and a growing tech sector drive the economy. The GEL exchange rate against ISK reflects relative economic conditions between the two currency areas.

Reverse Rate: GEL to ISK

The reverse exchange rate is 1 GEL = 47.8034 ISK. This is useful if you are starting with Georgian Lari 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 GEL to ISK converter for the reverse direction.