Currency.Wiki

1 Icelandic Króna to Euro

Updated 5 minutes ago
Convert 1 ISK:EUR
 ISK =
    EUR
 Icelandic Króna =  Euros
Trending: Ikr exchange rates for the last 24 hours
  • ISK/USD 0.007231 -0.00001290
  • ISK/EUR 0.006647 -0.00007084
  • ISK/JPY 1.125497 0.03783084
  • ISK/GBP 0.005692 -0.00005280
  • ISK/CHF 0.006573 0.00019314
  • ISK/MXN 0.120100 -0.00339588
  • ISK/INR 0.602361 0.00100078
  • ISK/BRL 0.036913 0.00092199
  • ISK/CNY 0.052235 0.00066927

ISK/EUR exchange rate analysis over the past 90 days

Icelandic Króna to Euro exchange rate: Over the last 90 days, the Icelandic Króna weakened by -1.07% against the Euro, declining from €0.0067 to €0.0066 per Icelandic Króna. This trend reflects the evolving economic dynamics between the Iceland and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Iceland and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Iceland and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Iceland or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Iceland relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

isk/eur Historical Chart

Ikr
Icelandic Króna Currency

Country: Iceland

Symbol: Ikr

ISO Code: ISK

Bank: Central Bank of Iceland

Interesting fact about Icelandic Króna

The Icelandic Króna (ISK) is the currency of Iceland. It was first introduced in 1874, replacing the Danish Krone. The Króna plays a significant role in the country's economy and is managed by the Central Bank of Iceland. Although Iceland is part of the European Economic Area, it is not a European Union member, thus the Króna is not part of the Eurozone.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Icelandic Króna to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 ISK to EUR is €0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Icelandic Króna to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.