Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ISK to MMK (Icelandic Krona to Myanmar Kyat) exchange rates

Iceland
Myanmar (Burma)
ISK

Interbank Exchange Rate: 1 ISK = 17.1058 MMK
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Icelandic Krona to Myanmar Kyat money transfers

Easily compare money transfer providers in one place to send money from Iceland to Myanmar (Burma). Send money overseas to your loved ones by comparing Icelandic Krona (ISK) to Myanmar Kyat (MMK) 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 Myanmar (Burma) 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 MMK Conversion Rates

Here are some latest ISK to MMK (Icelandic Krona to Myanmar Kyat) exchange rates for popular conversion amounts*.

1 ISK17.11 MMK
5 ISK85.53 MMK
10 ISK171.06 MMK
25 ISK427.65 MMK
50 ISK855.29 MMK
100 ISK1,710.58 MMK
150 ISK2,565.87 MMK
200 ISK3,421.16 MMK
250 ISK4,276.45 MMK
300 ISK5,131.74 MMK
400 ISK6,842.32 MMK
500 ISK8,552.90 MMK
600 ISK10,263.48 MMK
700 ISK11,974.06 MMK
800 ISK13,684.64 MMK
1,000 ISK17,105.80 MMK
1,500 ISK25,658.70 MMK
2,000 ISK34,211.60 MMK
2,500 ISK42,764.50 MMK
3,000 ISK51,317.40 MMK
4,000 ISK68,423.20 MMK
5,000 ISK85,529.00 MMK
10,000 ISK171,058.00 MMK
15,000 ISK256,587.00 MMK
20,000 ISK342,116.00 MMK
30,000 ISK513,174.00 MMK
40,000 ISK684,232.00 MMK
50,000 ISK855,290.00 MMK
100,000 ISK1,710,580.00 MMK

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


What's the best way to transfer money from Iceland to Myanmar (Burma)?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Iceland to Myanmar (Burma). We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Icelandic Krona to MMK.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send ISK to MMK in Myanmar (Burma). Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Myanmar (Burma) from Iceland. We provide you with maximum choices to send money to Myanmar (Burma) by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Iceland to Myanmar (Burma)?

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 Myanmar (Burma).

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Iceland to Myanmar (Burma) 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 Myanmar Kyat 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 to send money to Myanmar (Burma) from Iceland?

The final amount your recipient gets when you send ISK to MMK is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Iceland to Myanmar (Burma) used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Myanmar Kyat is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Icelandic Krona to Myanmar (Burma) exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Myanmar (Burma) from Iceland through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Iceland to Myanmar (Burma). But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the ISK to MMK exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Iceland bank for your Myanmar (Burma) money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Iceland to Myanmar (Burma)?

If you need to convert ISK to MMK as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Iceland to Myanmar (Burma) could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Icelandic Krona to Myanmar Kyat funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Myanmar (Burma).

With so many choices available, make sure to compare various forex operators that enable you to remit money from Iceland to Myanmar (Burma). Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Myanmar (Burma) from Iceland?

Iceland to Myanmar (Burma) money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Myanmar (Burma) as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Icelandic Krona to Myanmar Kyat money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Myanmar (Burma) from Iceland

The first step to send money to Myanmar (Burma) 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 MMK 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 Myanmar (Burma) 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 Myanmar (Burma)!

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 Myanmar (Burma).