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Compare today's INR to ISK (Indian Rupee to Icelandic Krona) exchange rates

India
Iceland
INR

Interbank Exchange Rate: 1 INR = 1.3570 ISK
Updated about an hour ago

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TRANSFERWISE
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1000 INR =
1 186.20 ISK
Transfer Limit (INR): 5000 - 650000
Locked-In Rate1 INR = 1.1862 ISK

All you need to know about Indian Rupee to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from India to Iceland. Send money overseas to your loved ones by comparing Indian Rupee (INR) to Icelandic Krona (ISK) 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 India.

Were you looking to send money from Iceland to India 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 INR to ISK Conversion Rates

Here are some latest INR to ISK (Indian Rupee to Icelandic Krona) exchange rates for popular conversion amounts*.

1 INR1.36 ISK
5 INR6.79 ISK
10 INR13.57 ISK
25 INR33.93 ISK
50 INR67.85 ISK
100 INR135.70 ISK
150 INR203.55 ISK
200 INR271.40 ISK
250 INR339.25 ISK
300 INR407.10 ISK
400 INR542.80 ISK
500 INR678.50 ISK
600 INR814.20 ISK
700 INR949.90 ISK
800 INR1,085.60 ISK
1,000 INR1,357.00 ISK
1,500 INR2,035.50 ISK
2,000 INR2,714.00 ISK
2,500 INR3,392.50 ISK
3,000 INR4,071.00 ISK
4,000 INR5,428.00 ISK
5,000 INR6,785.00 ISK
10,000 INR13,570.00 ISK
15,000 INR20,355.00 ISK
20,000 INR27,140.00 ISK
30,000 INR40,710.00 ISK
40,000 INR54,280.00 ISK
50,000 INR67,850.00 ISK
100,000 INR135,700.00 ISK

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


What's the best way to do India to Iceland money transfers?

Sending money internationally to Iceland from India can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Indian Rupee to ISK remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Iceland. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Icelandic Krona.


How to get the best exchange rate for sending money from India to Iceland?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Iceland from India. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your INR to Icelandic Krona money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the India to Iceland corridor to give you more good choices for your next ISK money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send INR to ISK 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 India to Iceland 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 Icelandic Krona 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 Indian Rupee to Iceland 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.


Should I use my bank to transfer money from India to Iceland?

Bank transfers have been a traditionally popular way to send money overseas from India to Iceland. 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 INR to ISK 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 India bank for your Iceland 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 do a money transfer to Iceland from India?

It could be a stressful experience if you need to rush money quickly from India to Iceland. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert INR to ISK. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Icelandic Krona. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your India to Iceland money transfers.


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

Comparing money transfer companies for sending money to Iceland from India can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Iceland. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Indian Rupee to Icelandic Krona transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Icelandic Krona yield on every Indian Rupee that you send.


Step by step guide to do a money transfer from India to Iceland

The first step to send money to Iceland from India 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 INR to ISK 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 Iceland if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your India bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Iceland!

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 India to Iceland.