XPD/ISK: what to know
The XPD/ISK rate shows how much ISK you get for 1 XPD. Right now, 1 XPD buys 156,698.43 ISK at the mid-market rate. In the other direction, 1 ISK is worth 0.00000638168 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while ISK responds to tourism, fishing and commodity prices.
Palladium is used mainly in petrol-engine catalytic converters. The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate.
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.