PLN/ISK: what to know
The PLN/ISK rate shows how much ISK you get for 1 PLN. Right now, 1 PLN buys 32.2580 ISK at the mid-market rate. In the other direction, 1 ISK is worth 0.0310 PLN.
In the short term PLN is driven mainly by NBP policy, EU flows and regional sentiment, while ISK responds to tourism, fishing and commodity prices.
The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins. The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate.
For anyone in Poland, this is the mid-market reference to compare against your bank or kantor before exchanging. 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.