British Pound to Icelandic Krona — GBP to ISK
GBP to ISK Converter
GBP/ISK Rate — Last 30 Days
GBP fell 2.20% vs ISK this week — a clear short-term downtrend. Watch whether this continues or reverses.
The 7-day average rate is below the 30-day average — recent momentum favors ISK strengthening vs GBP. The trend may continue until a catalyst (rate decision, economic data) reverses it.
5 consecutive days where GBP fell vs ISK. Sustained selling pressure — could mean a fundamental shift or just a temporary correction.
The rate is at its lowest point in 30 days. GBP is under significant selling pressure. At lows, a bounce is possible — but only if the fundamental drivers change.
RSI of 16 means GBP has fallen fast relative to ISK and may be oversold. RSI below 30 often precedes a bounce — but in a strong downtrend, the rate can stay oversold for weeks.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 162.3200 | 158.7500 | 161.0843 |
| 30 days | 168.6900 | 158.7500 | 165.8308 |
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Historical GBP/ISK Rates by Year
What drives the GBP/ISK rate?
Whether you're converting GBP for travel, business, or investment, here's what drives the GBP to ISK exchange rate. The GBP/ISK exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best GBP to ISK rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 GBP exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.