ZAR/ISK: what to know
The ZAR/ISK rate shows how much ISK you get for 1 ZAR. Right now, 1 ZAR buys 7.3069 ISK at the mid-market rate. In the other direction, 1 ISK is worth 0.1369 ZAR.
In the short term ZAR is driven mainly by commodity prices and risk appetite, while ISK responds to tourism, fishing and commodity prices.
The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered. The Icelandic Krona (ISK) is issued by Central Bank of Iceland. Aurar coins ceased to be legal tender on 1 October 2003; circulating coins are denominated in whole krónur.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.