XPT/ISK: what to know
The XPT/ISK rate shows how much ISK you get for 1 XPT. Right now, 1 XPT buys 216,099.07 ISK at the mid-market rate. In the other direction, 1 ISK is worth 0.00000462751 XPT.
In the short term XPT is driven mainly by industrial (auto) demand and supply, while ISK responds to tourism, fishing and commodity prices.
Platinum is rarer than gold and vital for 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.