LocalExchangeRates.com

Official Rate Sheet: Icelandic Króna (ISK) / Special Drawing Rights (XDR)

Date generated:

Mid-Market Rate: 1 ISK = 0.0058 XDR

Real-Time Interbank Wholesale Feed: October 6, 2026

Icelandic Króna to Special Drawing Rights Exchange Rate (ISK to XDR)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 ISK in XDR?

1 ISK = 0.0058 XDR

At the current mid-market wholesale exchange rate, converting 1,000 Icelandic Króna (ISK) yields approximately 5.78 Special Drawing Rights (XDR) (inverse rate: 1 XDR = 173.0427 ISK). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): ISK

You Receive (Estimate): XDR

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 ISK = 0.0058 XDR

Kurs odwrotny: 1 XDR = 173.0427 ISK

Status danych: Live Data (Redis)

Looking for reverse calculation? Check XDR to ISK (Special Drawing Rights to Icelandic Króna) Live Converter →

ISK to XDR Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Icelandic Króna against Special Drawing Rights

Period High

0.0058 XDR

Period Low

0.0057 XDR

Volatility / Avg

0.0058 XDR

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 0.0057 XDR

Max: 0.0058 XDR

52-Week Range (1Y) Current Position: 65% Range

Min: 0.0056 XDR

Max: 0.0060 XDR

Standard Denomination Conversion Matrix (ISK & XDR)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Icelandic Króna → Special Drawing Rights (ISK / XDR)

Wholesale Benchmark

Icelandic Króna (ISK)	Special Drawing Rights (XDR)
1 ISK	0.01 XDR
5 ISK	0.03 XDR
10 ISK	0.06 XDR
25 ISK	0.14 XDR
50 ISK	0.29 XDR
100 ISK	0.58 XDR
200 ISK	1.16 XDR
250 ISK	1.44 XDR
500 ISK	2.89 XDR
1,000 ISK	5.78 XDR
2,500 ISK	14.45 XDR
5,000 ISK	28.89 XDR
10,000 ISK	57.79 XDR

Special Drawing Rights → Icelandic Króna (XDR / ISK)

Wholesale Benchmark

Special Drawing Rights (XDR)	Icelandic Króna (ISK)
1 XDR	173.04 ISK
5 XDR	865.21 ISK
10 XDR	1,730.43 ISK
25 XDR	4,326.07 ISK
50 XDR	8,652.14 ISK
100 XDR	17,304.27 ISK
200 XDR	34,608.54 ISK
250 XDR	43,260.68 ISK
500 XDR	86,521.36 ISK
1,000 XDR	173,042.72 ISK
2,500 XDR	432,606.80 ISK
5,000 XDR	865,213.60 ISK
10,000 XDR	1,730,427.19 ISK

Provider / Channel	ISK/XDR Effective Exchange Rate	Estimated Fee	Estimated Received (XDR)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0058 XDR	0.00%	28.89 XDR	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0056 XDR	~3.50%	27.88 XDR	-1.01 XDR
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0052 XDR	~10.00%	26.01 XDR	-2.89 XDR

1 ISK to XDR: Icelandic Króna to Special Drawing Rights Exchange Guide

Searches for 1 ISK to XDR or convert ISK to XDR describe the amount of Special Drawing Rights received per 1 Icelandic Króna. At today's wholesale baseline of 1 ISK = 0.0058 XDR (inverse: 1 XDR = 173.0427 ISK), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Iceland ↔ International Monetary Fund (IMF))

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of Iceland (Sedlabanki) and International Monetary Fund (IMF) shape the medium-to-long term valuation of ISK/XDR.

ISK and XDR Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Iceland and International Monetary Fund (IMF).

How the ISK to XDR Exchange Rate Works

Foreign exchange transactions between Iceland (ISK) and International Monetary Fund (IMF) (XDR) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between ISK and XDR:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of Iceland (Sedlabanki) and International Monetary Fund (IMF) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Iceland and International Monetary Fund (IMF) exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (XDR) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Icelandic Króna to Special Drawing Rights Conversion

Common questions regarding Icelandic Króna to Special Drawing Rights conversion, bank spreads, and transfer costs.

How much is 1,000 ISK in XDR today?

At the current mid-market exchange rate (1 ISK = 0.0058 XDR), 1,000 Icelandic Króna equals approximately 5.78 Special Drawing Rights. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Icelandic Króna?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with ISK?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of Iceland (Sedlabanki)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.