Unlike many banks and bureaux de changes we are transparent with our Icelandic Krona pricing. You have direct access to the live GBP/ ISK interbank exchange rate so it's easier for you to compare and see the savings you make using our buy back service. Compare our buy back rates and see how much you could save.
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You sell us
1 GBP = Your exchange rate
Low cost fee 0.00%
1 GBP = Real exchange rate
You get British pounds
GBP
Last updated on
Source: compareholidaymoney.com
You sell us
You get British pounds
GBP
| You Sell | Exchange rate | You Receive (After fees) |
You could save | |
|---|---|---|---|---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
*Your potential saving has been calculated using our exchange rate and the most expensive provider's rate in the market at a given point in time.
Once your currency buy back order is placed, you will be provided with an indicative captured interbank exchange rate and our fee
Please make sure the item has been insured to correct value in the event of loss or theft and keep hold of the tracking ID.
Send to the following address: TCC, PO BOX 66831, London, W27TB
the real exchange rate and our fee will be applied at the time we process your order. We shall then make payment to the bank account details you have provided.
Ideally, whenever you are buying or selling Icelandic Krona it is always a good idea to research where the interbank exchange rate is. The interbank exchange rate gives you a guide as you want to transact as closely to it as possible. For ease, we always show what the mid market rate is on our currency converters.
In a nutshell, when you are selling back Icelandic Krona and converting to GBP you want to do so when the Icelandic Krona is strong against British Pound. This way you will get more British Pound for every Icelandic Krona sold. If you are buying Icelandic Krona the reverse applies and you should try to buy when Icelandic Krona weak against the British Pound since this would mean more Icelandic Krona for every British Pound you spend.
Iceland is the 2nd smallest country to have its official legal tender and monetary policy. It uses Krona as its official currency, where each ISK subdivides into 100 eyrir. Like most other Nordic currencies, which were a part of the historical Scandinavian Monetary Union, Krona means "crown" derived from the Latin word "Corona." Though a significantly small currency, it is not very difficult to sell Icelandic Kronain the forex market.
Official name - Icelandic Krona
Code - ISK
Symbol - kr
Subunit - Eyrir
Nickname - Icelandic crown
Traditionally, there are two ways you can sell your leftover ISK. You can either sell it to a bank or bureau de change. However, if you do not want to waste a significant exchanged amount on hefty rates and hidden fees, you should look for an alternative, i.e. online currency exchange providers. Follow the steps given below to get the best rates for Icelandic Krona.
Step1: Search for "Icelandic Krona buy back" or something similar. You will get a list of prospective currency exchange companies.
Step2: Compare the exchange rates and check if these companies are completely transparent about their rates.
Step3: Select the one that offers the lowest Icelandic Kronaexchange rates along with access to the live interbank rates.
Step4: Register for their buy back currency services.
Step5: Send your leftover travel money in ISK to their designated address.
Upon receiving, it will convert your currency based on the live exchange rates and transfer the exchanged amount to your registered bank account.
The Currency Club has been providing online currency exchange solutions for over a decade. We are the first online institution in the UK, offering access to the live interbank rates to our clients, sticking by our motto, 'offering complete transparency'
There are no hidden charges or commission fees associated with our buy back rates. Rather, we let you compare it with our live rates for Icelandic Krona to calculate our spread for utmost transparency.
We follow all the necessary protocols while offering our buy back services and offer optimum processing ease.
So, if you want to get the most value for your leftover travel currencies, sell Icelandic Krona through The Currency Club and get-
Best exchange rates
Better value-for money
Ease of use
Complete transparency
Access to live interbank rates
Hassle-free and secure transaction and several other benefits
ISK exchange rates can change almost every hour since they are based on fluctuating interbank rates. If you want to know our exchange rates at this very moment, refer to the currency comparison section on our buy back page.
No, you can always hold onto your leftover currency if you have prior knowledge of the forex market and track the market ups and downs. However, you may land a significantly disadvantageous deal should you delay selling ISK without proper planning.
The ideal time to convert Icelandic Krona into your currency of concern is when ISK exchange rates are fairing well in respect to it. So, for example, if you want to get Pounds by exchanging them, the best time would be when GBP to ISK exchange rates are low.
If so please visit Sterling FX for exceptional sell Icelandic Krona branch rates - www.sterlingfx.co.uk/london-branch
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
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