1 SGD to ISK - Convert Singapore Dollar to Icelandic Króna

Looking at the 30-day window, the SGD/ISK pair traded in a range of 93.3934 to 99.6534. The monthly average was 96.4420 with 1.78% volatility. The relatively low volatility indicates stable trading conditions for the SGD/ISK currency pair.

The current mid-market exchange rate is 1 SGD = 97.6854 ISK, updated as of June 25, 2026, 6:07 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.

Singapore Dollar to Icelandic Króna Exchange Rate

The SGD/ISK exchange rate tells you how many Icelandic Króna (ISK) you receive for every Singapore Dollar (SGD). At the current mid-market rate of 1 SGD = 97.6854 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.

Understanding the SGD/ISK Conversion

Converting Singapore Dollar to Icelandic Króna 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.

What Affects the SGD to ISK Rate

Exchange rates between Singapore Dollar 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 SGD/ISK 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. The ISK exchange rate against SGD reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 SGD = 97.6854 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.

Reverse Rate: ISK to SGD

The reverse exchange rate is 1 ISK = 0.010237 SGD. This is useful if you are starting with Icelandic Króna and want to know how much Singapore Dollar you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated ISK to SGD converter for the reverse direction.