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