Compare the best Icelandic kronur buyback rates and exchange Icelandic krona to pounds
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You receive £161.77 | Buyback rate 177.393 | Estimated postage £7.35 | Sell Now |
| Travel FX ❯ | ||||
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You receive £161.76 | Buyback rate 177.395 | Estimated postage £7.35 | Sell Now |
| Currency Online Group ❯ | ||||
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You receive £161.38 | Buyback rate 177.803 | Estimated postage £7.35 | Sell Now |
| The Currency Club ❯ | ||||
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You receive £161.38 | Buyback rate 177.803 | Estimated postage £7.35 | Sell Now |
| Sterling ❯ | ||||
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You receive £155.73 | Buyback rate 183.959 | Estimated postage £7.35 | Sell Now |
| Moneybee ❯ | ||||
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You receive £154.43 | Buyback rate 185.433 | Estimated postage £7.35 | Sell Now |
| ACE-FX ❯ | ||||
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You receive £142.36 | Buyback rate 200.389 | Estimated postage £7.35 | Sell Now |
| Manor FX ❯ | ||||
It's easy to sell your leftover Icelandic krona online. Use our Icelandic kronur buyback comparisons to find the best deal, then follow the link to the buyer's website to place your order online and lock-in your buyback rate. You'll need to decide whether to post your Icelandic krona to the buyer, or try searching for a store near you so you can exchange your Icelandic krona in person.
Sell by postSecurely package your Icelandic krona and post it to the buyer using Royal Mail Special Delivery which is fully tracked and insured. Once the buyer has received your package they'll pay you by bank transfer within one working day.
Sell in-storeUse our store finder to search for your nearest currency exchange, then simply take your Icelandic krona to the store to sell over the counter. You'll save on postage fees, but availability varies by location and you'll have fewer deals to choose from compared to selling by post.
Travel FX are offering the best Icelandic kronur buyback rate right now at 177.393. At this rate, 1 Icelandic kronur is worth £0.01. You'll need to place your order online to get this rate which is based on a comparison of 7 foreign exchange companies and assumes you were selling 30000 Icelandic krona by post.
It can be difficult to exchange leftover Icelandic kronur coins. Banks and foreign exchange companies don't generally accept coins because they're expensive to process and transport, so your options for exchanging any leftover shrapnel back into pounds can be limited:
Over the past 30 days, the Icelandic kronur buyback rate has risen 0.87% from 177.393 on 25 Oct to 178.936 today. This means Icelandic krona can be exchanged for more pounds today compared to a month ago. Right now, kr 30000 is worth approximately £167.66 which is £1.46 more than you'd have got on 25 Oct.
These are the average Icelandic kronur buyback rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our Icelandic kronur to British pound currency chart.
No, you'll get more for your Icelandic krona if you sell when the Icelandic kronur buyback rate is low. This is due to a quirk of how British currency providers display their buyback exchange rates.
When you buy Icelandic krona, the exchange rate you get is the amount of Icelandic krona you'll receive for every pound that you spend, so for example a rate of 177.393 means you'd get kr 177.393 for each £1 that you spend. You can calculate the total amount of Icelandic krona you'd receive for a given amount of sterling by simply multiplying the sterling amount by the exchange rate.
When it comes to selling Icelandic krona, the buyback rate is expressed in terms of how many Icelandic krona you'd need to sell in order to get £1, so a buyback rate of 177.393 means you'd need to sell kr 177.393 to get £1. To calculate the sterling value of a given amount of Icelandic krona, you need to divide the Icelandic kronur amount by the buyback rate. Since you're dividing by the buyback rate, a lower buyback rate means you'd get more sterling compared to a higher buyback rate.
One Icelandic kronur (kr) can be subdivided into 100 aurar, although aurars are no longer in circulation due to their low value and the smallest unit of currency you're likely to come across is the kr 1 coin. There are five denominations of Icelandic kronur banknotes in circulation: kr 500, kr 1000, kr 2000, kr 5000 and kr 10000; and five coin denominations: kr 1, kr 5, kr 10, kr 50 and kr 100.
The current series of Icelandic kronur banknotes in circulation is the '2001 Series' which was introduced by the Central Bank of Iceland in 2001. Each banknote in the series features distinct designs that highlight Icelandic nature, history, and culture. For instance, the kr 500 note depicts a portrait of Jón Sigurðsson, a key figure in Iceland's struggle for independence, and an image of the Icelandic coastline. The kr 1000 note showcases the portrait of Brynjólfur Sveinsson; an Icelandic bishop and scholar, and the image of the Lögberg, the Law Rock in Þingvellir, while the kr 2000 note features a portrait of the Icelandic poet Jónas Hallgrímsson and the image of a seabird, symbolising the country's rich birdlife.
| Denomination | Sterling equivalent |
|---|---|
| kr 500 | £2.82 |
| kr 1000 | £5.64 |
| kr 2000 | £11.27 |
| kr 5000 | £28.19 |
| kr 10000 | £56.37 |
| Denomination | Sterling equivalent |
|---|---|
| kr 1 | £0.01 |
| kr 5 | £0.03 |
| kr 10 | £0.06 |
| kr 50 | £0.28 |
| kr 100 | £0.56 |