
Exchange Icelandic Króna (ISK) before you travel to Iceland
To make the most of your trip to Iceland, we recommend carrying some local currency in cash in addition to your credit and debit cards. The currency in Iceland is the Icelandic Króna (ISK). Its exchange rate is relatively stable, but it’s a good idea to check the SEK to ISK exchange rate carefully to ensure you get the best value. Planning a travel budget is essential to know approximately how many Swedish Kronor to exchange into Icelandic Króna.
Practical tips for planning your budget
Tipping is not obligatory in Iceland, but it’s appreciated if you do choose to tip. If so, it’s a good idea to carry a small amount of Icelandic Króna in cash.
On average, your stay in Iceland will cost between 13,000 and 21,600 ISK per person per day.
With a budget of 1,000 to 2,500 ISK, you can get a meal at a fast food restaurant. A café bistro meal typically costs 2,500 to 3,500 ISK, while a traditional meal at a restaurant may range from 5,000 to 9,000 ISK.
16,000 ISK
Average price for a night's stay in Iceland
2,500 ISK
Average daily food budget per person

Good to Know
Some indicative prices in Iceland
440 ISK
A metro or bus ticket
300 ISK
The price of a cup of coffee
3,344–5,574 ISK
Reykjavík City Card
280 ISK
A hot dog
200–460 ISK/km
A taxi fare
0–2,000 ISK
Entry to the National Museum of Iceland

Suggestions for your trip to Iceland
Understanding the seasons and temperatures is useful when planning your trip. The average summer temperature is around 10°C, dropping to near 0°C in winter and even lower in remote areas, from October to March. During the summer months, temperatures can reach 15°C on warmer days.
Nature lovers won’t want to miss:
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The Golden Circle
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Lake Mývatn
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Dettifoss and Skógafoss Waterfalls
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The Westfjords
If you’re interested in whale watching, head to Akureyri, Dalvík, Reykjavík, Hólmavík, Snæfellsnes, or the Westman Islands. Taking a guide? Don’t forget a small tip – another reason to carry cash. Be sure to exchange your SEK to ISK before your trip.
Love skiing? Iceland’s largest ski area is Bláfjöll, located near Reykjavík.
Prefer the coastline? Visit these stunning beaches for fresh sea air: Reynisfjara Beach, Vík Beach, Rauðisandur Beach, Diamond Beach, Stokksnes Beach, and Djúpalónssandur Beach.
A few facts about the Icelandic Króna (ISK)

Denominations of the Icelandic Króna:
Banknotes: 500 ISK, 1,000 ISK, 2,000 ISK, 5,000 ISK, 10,000 ISK
Coins: 1 ISK, 5 ISK, 10 ISK, 50 ISK, 100 ISK
In Icelandic, the currency is called íslensk króna, derived from the Latin word corona meaning “crown.” While the symbol kr is commonly used locally, look for ISK when exchanging currency.


Icelandic banknotes come in blue, green, red, and purple, some with multicoloured designs. They feature prominent political, historical, and artistic figures.

Why buy Icelandic Króna (ISK) from ChangeGroup?
ChangeGroup is a global leader in currency exchange with over 30 years of experience. In Sweden, we offer over 60 currencies, including the Icelandic Króna, at conveniently located exchange offices. For the best SEK to ISK exchange rate, plan ahead and order your currency online with 0% commission. And if you have leftover ISK at the end of your trip, our buy-back guarantee allows you to exchange it back at the same rate you purchased it for.
Traveling soon?
Here's how to easily exchange your money:

1. Choose your currency
Determine the amount you need to enjoy your trip abroad.

2. Place an order online
Create an account and finalise your order online to enjoy our best pricing.

3. Pay at the branch
Pick up your currency at one of our branches and pay by cash or bank card.