1 ISK to PYG - Convert Icelandic Króna to Paraguayan Guarani

Looking at the 30-day window, the ISK/PYG pair traded in a range of 49.7194 to 53.3183. The monthly average was 51.7259 with 1.56% volatility. The relatively low volatility indicates stable trading conditions for the ISK/PYG currency pair.

The current mid-market exchange rate is 1 ISK = 48.0861 PYG, updated as of July 3, 2026, 10:32 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 Paraguayan Guarani Exchange Rate

The ISK/PYG exchange rate tells you how many Paraguayan Guarani (PYG) you receive for every Icelandic Króna (ISK). At the current mid-market rate of 1 ISK = 48.0861 PYG, 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/PYG Conversion

Converting Icelandic Króna to Paraguayan Guarani 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.

Historical ISK/PYG Trends

The ISK/PYG 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.

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 PYG and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 ISK = 48.0861 PYG 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.