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Indian rupee to Icelandic Krona Exchange Rate History - XTransfer

Indian rupee to Icelandic Krona Historical Exchange Rates

Welcome to the INR to ISK exchange rate history page. This page contains detailed daily historical exchange rates between INR and ISK from 2025-3-8 to 2026-05-17, making it easy to look up and reference.

Amount
Result

1 INR = 1.28678 ISK

00:31 Exchange Rate

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1 Indian rupee to Icelandic Krona Historical Exchange Rate Trends

1 INR = -- ISK

00:31 Exchange Rate

INR - ISK+0%
7D
1M
3M
Invalid DateInvalid Date

1 Indian rupee to Icelandic Krona Data Statistics

This section organizes the historical exchange rate data of 1 INR to ISK, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
1.28678
1.30034
1.31817
1.36472
Low
1.28678
1.27885
1.27885
1.27885
Average
1.28678
1.28873
1.2966
1.32493

Past 7 days historical exchange rates

Below are the daily average exchange rates of INR to ISK for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of ISK to INR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

INR to ISK - Last 7 Days

INRINRISKISK
2026-05-17
1.28678
INRINRISKISK
2026-05-16
1.28678
INRINRISKISK
2026-05-15
1.28697
INRINRISKISK
2026-05-14
1.28059
INRINRISKISK
2026-05-13
1.27913
INRINRISKISK
2026-05-12
1.27885
INRINRISKISK
2026-05-11
1.29197

ISK to INR - Last 7 Days

ISKISKINRINR
2026-05-17
0.77713
ISKISKINRINR
2026-05-16
0.77713
ISKISKINRINR
2026-05-15
0.77702
ISKISKINRINR
2026-05-14
0.78089
ISKISKINRINR
2026-05-13
0.78178
ISKISKINRINR
2026-05-12
0.78195
ISKISKINRINR
2026-05-11
0.77401

INRINR - Indian Rupee

The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.

  • Supporting unit:1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
  • Denomination of banknotes:₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 (some higher denominations have been discontinued but are still in circulation)
  • Reserve currency:No, but it plays a certain role as a regional reserve currency in South Asia.
  • Banknote material:The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
  • Metal composition:Steel, stainless steel, nickel-clad steel, copper-nickel alloy, etc.
  • Currency symbol:
  • Paper currency size:For example, ₹500 measures 150mm × 66mm, and different denominations have different sizes.
  • language:en
  • Main unit:1 Rupee
  • ISO code:INR
  • Currency name:Indian Rupee
  • Exchange Rate System:A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
  • Central Bank:Reserve Bank of India (RBI)
  • Safe-haven currency:No, it is a currency in a highly volatile emerging market.
  • Coin denomination:₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
  • Countries of Use:India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
  • Cross-border payment:Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars. In recent years, the Reserve Bank of India has encouraged the establishment of local currency settlement mechanisms with certain countries.

ISKISK - Icelandic Krona

The Icelandic Krona was established in 1918 with the country's independence. As an important part of the Nordic economy, ISK has experienced the baptism of the financial crisis and is now the monetary basis for Iceland's sound economy and tourism industry.

  • Supporting unit:1 krone = 100 aurar, and the circulation of the subcurrency has diminished.
  • Denomination of banknotes:500, 1,000, 2,000, 5,000 kronor
  • Reserve currency:No, but it holds a certain influence as a currency in the Nordic region.
  • Banknote material:Mainly made of polymer material, featuring watermarks, security threads, and special color-shifting ink.
  • Metal composition:Copper-nickel alloys, stainless steel, etc.
  • Currency symbol:kr
  • Paper currency size:Different denominations have different sizes; for example, a 5,000 crown note measures approximately 135mm × 75mm.
  • language:en
  • Main unit:1 Krona (Króna)
  • ISO code:ISK
  • Currency name:Icelandic Króna
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Central Bank of Iceland
  • Safe-haven currency:No, there are significant fluctuations, clearly influenced by the global economic environment.
  • Coin denomination:1, 5, 10, 50, 100 kronor
  • Countries of Use:Iceland is the only country where it is used officially.
  • Cross-border payment:Connect to the SWIFT network to support international transfers. As a member of the European Economic Area, Iceland conducts less trade in its currency, the króna, and typically settles transactions in euros and US dollars.

FAQ

Based on the historical patterns of Indian rupee to Icelandic Krona, is now a good time to exchange?

To judge the timing for exchanging Indian rupee to Icelandic Krona, one must compare current rates with the average over the past year or even five years. If the current Indian rupee rate is well above the historical average, it usually means INR is in a strong period, making it a good window for settlement into ISK. Conversely, if Indian rupee is at a historical low, it is recommended for exporters to hold INR in batches and avoid the troughs to minimize losses when converting to ISK.

What are the main reasons affecting the historical volatility of INR to ISK recently?

The core factor affecting the historical volatility of Indian rupee to Icelandic Krona recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of INR tends to increase, leading to a significant rise in its historical exchange rate against ISK. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for INR, thereby intensifying the frequency of two-way volatility between Indian rupee and Icelandic Krona.

Has INR experienced a sharp plunge against ISK before? How can I protect myself?

Historically, Indian rupee against Icelandic Krona has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Indian rupee exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of INR to ISK within an acceptable trade cost range.

Is the current exchange rate of Indian rupee to Icelandic Krona considered a historical high or low?

To evaluate the current level of INR to ISK, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Indian rupee is approaching a historical resistance level. If the current INR price has broken through highs from years ago, it indicates that INR is at an extreme high; exchanging Indian rupee to Icelandic Krona now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Indian rupee to Icelandic Krona?

AI predictions for INR to ISK are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of INR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Indian rupee to Icelandic Krona should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.