About this pair
INR/ISK: what to know
The INR/ISK rate shows how much ISK you get for 1 INR. Right now, 1 INR buys 1.2588 ISK at the mid-market rate. In the other direction, 1 ISK is worth 0.7944 INR.
In the short term INR is driven mainly by oil prices and capital flows, while ISK responds to tourism, fishing and commodity prices.
The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010. 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.