About this pair
HUF/ISK: what to know
The HUF/ISK rate shows how much ISK you get for 1 HUF. Right now, 1 HUF buys 0.3837 ISK at the mid-market rate. In the other direction, 1 ISK is worth 2.6063 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while ISK responds to tourism, fishing and commodity prices.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. 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.