Icelandic Krona to South African Rand — ISK to ZAR
ISK to ZAR Converter
ISK/ZAR Rate — Last 30 Days
ISK gained 1.33% vs ZAR this week — a clear short-term uptrend. If momentum holds, ISK may continue to strengthen.
The 7-day and 30-day averages are very close — ISK/ZAR is consolidating without a clear directional bias. Watch for a breakout from this range.
The rate is at its highest point in 30 days. Strong bullish momentum — ISK buyers are in control. At highs, watch for resistance and potential reversal.
RSI of 71 means ISK has risen fast relative to ZAR and may be overextended. RSI above 70 often precedes a pullback or consolidation — not a sell signal on its own, but a caution flag. Works best combined with other signals.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 0.1316 | 0.1299 | 0.1306 |
| 30 days | 0.1351 | 0.1287 | 0.1316 |
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Historical ISK/ZAR Rates by Year
What drives the ISK/ZAR rate?
Whether you're converting ISK for travel, business, or investment, here's what drives the ISK to ZAR exchange rate. The ISK/ZAR 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 ISK to ZAR 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 ISK 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.