1 NOK to ISK - Convert Norwegian Krone to Icelandic Króna

Looking at the 30-day window, the NOK/ISK pair traded in a range of 12.7483 to 13.5027. The monthly average was 13.1105 with 1.63% volatility. This downward movement of 2.4% suggests significant momentum in the NOK/ISK exchange rate.

The current mid-market exchange rate is 1 NOK = 12.8939 ISK, updated as of June 25, 2026, 6:09 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.

Norwegian Krone to Icelandic Króna Exchange Rate

The NOK/ISK exchange rate tells you how many Icelandic Króna (ISK) you receive for every Norwegian Krone (NOK). At the current mid-market rate of 1 NOK = 12.8939 ISK, 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 NOK to ISK Rate

Exchange rates between Norwegian Krone and Icelandic Króna 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 NOK/ISK rate fluctuates throughout trading sessions and over longer time periods.

Sending Money from NOK to ISK

International money transfers from Norwegian Krone to Icelandic Króna 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.

Norwegian Krone Overview

The Norwegian Krone (NOK) is the official currency of Norway. Closely tied to Brent crude oil prices, it reflects the economy of a nation with a $1.7 trillion sovereign wealth fund. Understanding the fundamentals behind NOK helps contextualize its exchange rate movements against ISK and other currencies.

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. The ISK exchange rate against NOK reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 NOK = 12.8939 ISK 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.