Philippine peso to Icelandic Krona Exchange Rate History - XTransfer

Philippine peso to Icelandic Krona Historical Exchange Rates

Welcome to the PHP to ISK exchange rate history page. This page contains detailed daily historical exchange rates between PHP and ISK from 2025-3-8 to 2026-04-01, making it easy to look up and reference.

Amount

Result

1 PHP = 2.05367 ISK

10:30 Exchange Rate

Pay and get paid in local currency. Save up to 80% on your currency exchanges.

Get it for free now

1 Philippine peso to Icelandic Krona Historical Exchange Rate Trends

1 PHP = -- ISK

10:30 Exchange Rate

PHP - ISK+0%

Invalid DateInvalid Date

1 Philippine peso to Icelandic Krona Data Statistics

This section organizes the historical exchange rate data of 1 PHP 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

2.05367

2.08928

2.13688

2.13812

Low

2.05367

Average

2.05367

2.06799

2.09102

2.10141

Past 7 days historical exchange rates

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

PHP to ISK - Last 7 Days

PHP

ISK

2026-04-01

2.05367

PHP

ISK

2026-03-31

2.06039

PHP

ISK

2026-03-30

2.05384

PHP

ISK

2026-03-29

2.0629

PHP

ISK

2026-03-28

2.0629

PHP

ISK

2026-03-27

2.06432

PHP

ISK

2026-03-26

2.06228

ISK to PHP - Last 7 Days

ISK

PHP

2026-04-01

0.48693

ISK

PHP

2026-03-31

0.48535

ISK

PHP

2026-03-30

0.48689

ISK

PHP

2026-03-29

0.4848

ISK

PHP

2026-03-28

0.4848

ISK

PHP

2026-03-27

0.48442

ISK

PHP

2026-03-26

0.4849

PHP - Philippine Peso

The Philippine Peso has been in circulation since 1852 and has undergone several reforms. PHP is an important carrier of the Philippine economy and overseas remittances, promoting domestic consumption and investment.

Supporting unit:1 peso = 100 centavos
Denomination of banknotes:20, 50, 100, 200, 500, 1000 pesos
Reserve currency:No, the reserve currencies are primarily the US dollar and the euro.
Banknote material:Combination of paper and polymer, equipped with advanced anti-counterfeiting technology.
Metal composition:Copper-nickel alloy, stainless steel
Currency symbol:₱
Paper currency size:For example, 1000 pesos is approximately 160mm × 66mm.
language:en
Main unit:1 peso
ISO code:PHP
Currency name:Philippine Peso
Exchange Rate System:Freely floating exchange rate system
Central Bank:Bangko Sentral ng Pilipinas
Safe-haven currency:No, the fluctuations are significant and primarily depend on foreign exchange reserves and capital flow management.
Coin denomination:1, 5, and 10 pesos (smaller denominations gradually phased out)
Countries of Use:Philippines
Cross-border payment:The Philippine peso supports international remittances through the SWIFT network, mainly using the US dollar as an intermediary currency in trade with Southeast Asia and North America, resulting in high efficiency in cross-border settlements.

ISK - 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.

Major Currency Pairs of PHP

FAQ

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

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

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

The core factor affecting the historical volatility of Philippine peso to Icelandic Krona recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of PHP 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 PHP, thereby intensifying the frequency of two-way volatility between Philippine peso and Icelandic Krona.

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

Historically, Philippine peso against Icelandic Krona has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Philippine peso 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 PHP to ISK within an acceptable trade cost range.

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

To evaluate the current level of PHP 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 Philippine peso is approaching a historical resistance level. If the current PHP price has broken through highs from years ago, it indicates that PHP is at an extreme high; exchanging Philippine peso 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 Philippine peso to Icelandic Krona?

AI predictions for PHP to ISK are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of PHP through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Philippine peso 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.