ISK/XPT: what to know
The ISK/XPT rate shows how much XPT you get for 1 ISK. Right now, 1 ISK buys 0.00000462751 XPT at the mid-market rate. In the other direction, 1 XPT is worth 216,099.07 ISK.
In the short term ISK is driven mainly by tourism, fishing and commodity prices, while XPT responds to industrial (auto) demand and supply.
The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate. Platinum is rarer than gold and vital for catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.