XTransfer
  • Products & Services
  • About Us
  • Help & Support
English
Create account
South African rand to Icelandic Krona Exchange Rate History - XTransfer

South African rand to Icelandic Krona Historical Exchange Rates

Welcome to the ZAR to ISK exchange rate history page. This page contains detailed daily historical exchange rates between ZAR and ISK from 2025-3-8 to 2026-04-27, making it easy to look up and reference.

Amount
Result

1 ZAR = 7.42144 ISK

01:31 Exchange Rate

advertisement banner

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

Get it for free now

1 South African rand to Icelandic Krona Historical Exchange Rate Trends

1 ZAR = -- ISK

01:31 Exchange Rate

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

1 South African rand to Icelandic Krona Data Statistics

This section organizes the historical exchange rate data of 1 ZAR 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
7.42144
7.48262
7.50329
7.74476
Low
7.42144
7.35603
7.27957
7.26728
Average
7.42144
7.43657
7.41491
7.51409

Past 7 days historical exchange rates

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

ZAR to ISK - Last 7 Days

ZARZARISKISK
2026-04-27
7.42144
ZARZARISKISK
2026-04-26
7.42144
ZARZARISKISK
2026-04-25
7.42144
ZARZARISKISK
2026-04-24
7.41102
ZARZARISKISK
2026-04-23
7.45168
ZARZARISKISK
2026-04-22
7.42695
ZARZARISKISK
2026-04-21
7.42364

ISK to ZAR - Last 7 Days

ISKISKZARZAR
2026-04-27
0.13474
ISKISKZARZAR
2026-04-26
0.13474
ISKISKZARZAR
2026-04-25
0.13474
ISKISKZARZAR
2026-04-24
0.13493
ISKISKZARZAR
2026-04-23
0.1342
ISKISKZARZAR
2026-04-22
0.13464
ISKISKZARZAR
2026-04-21
0.1347

ZARZAR - South African Rand

The rand was issued in 1961 with the establishment of the Republic of South Africa, replacing the South African pound. ZAR is the mainstay currency of the South African economy and is widely used in mining, manufacturing and financial services. As one of the most important currencies in Africa, the rand has a high liquidity in the international market.

  • Supporting unit:1 cent (1 rand = 100 cents)
  • Denomination of banknotes:10, 20, 50, 100, 200 Rand
  • Reserve currency:No, but it has a significant influence in the African region.
  • Banknote material:Paper-based, featuring various anti-counterfeiting designs.
  • Metal composition:Copper-nickel alloy, nickel-plated steel core alloy
  • Currency symbol:R
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:Rand
  • ISO code:ZAR
  • Currency name:South African Rand
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:South African Reserve Bank
  • Safe-haven currency:No, mainly emerging market currencies.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5 rand.
  • Countries of Use:South Africa, Namibia, Lesotho, Eswatini, and Zimbabwe (partially used)
  • Cross-border payment:The rand is widely circulated in southern Africa, international payments are mostly conducted through the SWIFT network, and cross-border trade often settles in US dollars or euros.

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 South African rand to Icelandic Krona, is now a good time to exchange?

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

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

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

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

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

Is the current exchange rate of South African rand to Icelandic Krona considered a historical high or low?

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

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