About this pair
ISK/HUF: what to know
The ISK/HUF rate shows how much HUF you get for 1 ISK. Right now, 1 ISK buys 2.6079 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.3834 ISK.
In the short term ISK is driven mainly by tourism, fishing and commodity prices, while HUF responds to Hungarian central-bank policy and regional sentiment.
The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate. The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence.
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.