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

Compare today's EUR to ISK (Euro to Icelandic Krona) exchange rates

Latvia
Iceland
EUR

Interbank Exchange Rate: 1 EUR = 145.0091 ISK
Updated about an hour ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 EUR =
143 039.20 ISK
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 143.0392 ISK

📢 Get promotional rate on your first transfer
(*)(*)(*)(*)(*)
1000 EUR =
142 243.00 ISK
Transfer Limit (EUR): 1 - 1000000
Locked-In Rate1 EUR = 142.2430 ISK

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from Latvia to Iceland. Send money overseas to your loved ones by comparing Euro (EUR) 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.

When making a money transfer to Iceland from Latvia, we currently have 2 remittance service providers available.

Profee currently offers the most competitive rate for sending money to Iceland and their 1 EUR to ISK exchange rate today is 143.0392.

The next best Euro to Icelandic Krona exchange rate today for money transfers to Iceland is offered by Wise (1 EUR = 142.2430 ISK).

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 Latvia.

Were you looking to send money from Iceland to Latvia 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 EUR to ISK Conversion Rates

Here are some latest EUR to ISK (Euro to Icelandic Krona) exchange rates for popular conversion amounts*.

1 EUR145.01 ISK
5 EUR725.05 ISK
10 EUR1,450.09 ISK
25 EUR3,625.23 ISK
50 EUR7,250.46 ISK
100 EUR14,500.91 ISK
150 EUR21,751.36 ISK
200 EUR29,001.82 ISK
250 EUR36,252.27 ISK
300 EUR43,502.73 ISK
400 EUR58,003.64 ISK
500 EUR72,504.55 ISK
600 EUR87,005.46 ISK
700 EUR101,506.37 ISK
800 EUR116,007.28 ISK
1,000 EUR145,009.10 ISK
1,500 EUR217,513.65 ISK
2,000 EUR290,018.20 ISK
2,500 EUR362,522.75 ISK
3,000 EUR435,027.30 ISK
4,000 EUR580,036.40 ISK
5,000 EUR725,045.50 ISK
10,000 EUR1,450,091.00 ISK
15,000 EUR2,175,136.50 ISK
20,000 EUR2,900,182.00 ISK
30,000 EUR4,350,273.00 ISK
40,000 EUR5,800,364.00 ISK
50,000 EUR7,250,455.00 ISK
100,000 EUR14,500,910.00 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 Latvia to Iceland money transfers?

With the global remittance market booming, there are so many choices for Euro to ISK 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 Iceland from Latvia. 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 ISK 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 remit rate for transferring money from Latvia to Iceland?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your EUR to Icelandic Krona money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Latvia to Iceland. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for EUR to ISK remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Latvia to Iceland via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Euro to Icelandic Krona remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Latvia to Iceland exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for EUR to ISK remittances.


How to send money from Latvia to Iceland through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low EUR to ISK exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Latvia to Iceland money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Iceland from Latvia. They do this by letting you fund your transaction through your local bank account in Latvia, and by allowing you to choose the payout to be your recipient's bank account in Iceland. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to Iceland from Latvia?

The speed of your Euro to Icelandic Krona funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to ISK. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Iceland from Latvia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Iceland if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ISK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Latvia bank to Iceland bank transfer.


Which are the best money transfer companies to transfer money to Iceland from Latvia?

Latvia to Iceland 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 Iceland 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 Euro to Icelandic Krona 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 transfer money to Iceland from Latvia

There are many important aspects of Latvia to Iceland remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Latvia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ISK bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Euro amount you want to send from Latvia.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Iceland to validate that they get the money once the transaction clears.