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Compare today's ISK to DKK (Icelandic Krona to Danish Krone) exchange rates

Iceland
Faroe Islands
ISK

Interbank Exchange Rate: 1 ISK = 0.0516 DKK
Updated about an hour ago

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All you need to know about Icelandic Krona to Danish Krone money transfers

Easily compare money transfer providers in one place to send money from Iceland to Faroe Islands. Send money overseas to your loved ones by comparing Icelandic Krona (ISK) to Danish Krone (DKK) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Iceland.

Were you looking to send money from Faroe Islands to Iceland instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest ISK to DKK Conversion Rates

Here are some latest ISK to DKK (Icelandic Krona to Danish Krone) exchange rates for popular conversion amounts*.

1 ISK0.05 DKK
5 ISK0.26 DKK
10 ISK0.52 DKK
25 ISK1.29 DKK
50 ISK2.58 DKK
100 ISK5.16 DKK
150 ISK7.74 DKK
200 ISK10.32 DKK
250 ISK12.90 DKK
300 ISK15.48 DKK
400 ISK20.64 DKK
500 ISK25.80 DKK
600 ISK30.96 DKK
700 ISK36.12 DKK
800 ISK41.28 DKK
1,000 ISK51.60 DKK
1,500 ISK77.40 DKK
2,000 ISK103.20 DKK
2,500 ISK129.00 DKK
3,000 ISK154.80 DKK
4,000 ISK206.40 DKK
5,000 ISK258.00 DKK
10,000 ISK516.00 DKK
15,000 ISK774.00 DKK
20,000 ISK1,032.00 DKK
30,000 ISK1,548.00 DKK
40,000 ISK2,064.00 DKK
50,000 ISK2,580.00 DKK
100,000 ISK5,160.00 DKK

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Faroe Islands from Iceland?

With the global remittance market booming, there are so many choices for Icelandic Krona to DKK money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Faroe Islands from Iceland. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final DKK amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Iceland to Faroe Islands?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Faroe Islands.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Iceland to Faroe Islands transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your ISK to Danish Krone money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Faroe Islands from Iceland?

One of the most important things to watch out for is hidden fees when sending money to Faroe Islands from Iceland. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Faroe Islands using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Danish Krone foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ISK to Faroe Islands exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Faroe Islands from Iceland.


How to send money to Faroe Islands from Iceland through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Iceland to Faroe Islands money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like ISK to DKK transfers.

Given this, there are umpteen additional options to send money to Faroe Islands instead of just your Iceland bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Icelandic Krona even more so that your recipient in Faroe Islands gets the maximum amount.


What is the fastest way to transfer money from Iceland to Faroe Islands?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Iceland to Faroe Islands. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert ISK to DKK fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Icelandic Krona amount reaching Faroe Islands. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Danish Krone quickly to Faroe Islands, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Faroe Islands from Iceland?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Iceland to Faroe Islands, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Icelandic Krona to Danish Krone exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your DKK money transfers to Faroe Islands. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Faroe Islands getting more money for every Icelandic Krona you send.


Step by step guide to do a money transfer from Iceland to Faroe Islands

The first step to send money to Faroe Islands from Iceland is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your ISK to DKK overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Faroe Islands if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Iceland bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Faroe Islands!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Iceland to Faroe Islands.