About this pair
CHF/ISK: what to know
The CHF/ISK rate shows how much ISK you get for 1 CHF. Right now, 1 CHF buys 153.8787 ISK at the mid-market rate. In the other direction, 1 ISK is worth 0.006499 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while ISK responds to tourism, fishing and commodity prices.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.