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

Compare today's USD to ISK (US Dollar to Icelandic Krona) exchange rates

Micronesia
Iceland
USD

Interbank Exchange Rate: 1 USD = 122.5100 ISK
Updated about 1 hours ago

Found 1 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
119 909.00 ISK
Transfer Limit (USD): 1 - 1000000
Locked-In Rate1 USD = 119.9090 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 US Dollar to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from Micronesia to Iceland. Send money overseas to your loved ones by comparing US Dollar (USD) 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 Micronesia, we currently have 1 remittance service providers available.

Wise currently offers the most competitive rate for sending money to Iceland and their 1 USD to ISK exchange rate today is 119.9090.

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 Micronesia.

Were you looking to send money from Iceland to Micronesia 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 USD to ISK Conversion Rates

Here are some latest USD to ISK (US Dollar to Icelandic Krona) exchange rates for popular conversion amounts*.

1 USD122.51 ISK
5 USD612.55 ISK
10 USD1,225.10 ISK
25 USD3,062.75 ISK
50 USD6,125.50 ISK
100 USD12,251.00 ISK
150 USD18,376.50 ISK
200 USD24,502.00 ISK
250 USD30,627.50 ISK
300 USD36,753.00 ISK
400 USD49,004.00 ISK
500 USD61,255.00 ISK
600 USD73,506.00 ISK
700 USD85,757.00 ISK
800 USD98,008.00 ISK
1,000 USD122,510.00 ISK
1,500 USD183,765.00 ISK
2,000 USD245,020.00 ISK
2,500 USD306,275.00 ISK
3,000 USD367,530.00 ISK
4,000 USD490,040.00 ISK
5,000 USD612,550.00 ISK
10,000 USD1,225,100.00 ISK
15,000 USD1,837,650.00 ISK
20,000 USD2,450,200.00 ISK
30,000 USD3,675,300.00 ISK
40,000 USD4,900,400.00 ISK
50,000 USD6,125,500.00 ISK
100,000 USD12,251,000.00 ISK

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


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

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 Micronesia to Iceland. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer United States Dollar to ISK.

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 USD to ISK in Iceland. 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 Iceland from Micronesia. We provide you with maximum choices to send money to Iceland by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Micronesia 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 Micronesia. 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 USD 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 Micronesia 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 to send money to Iceland from Micronesia?

One of the most important things to watch out for is hidden fees when sending money to Iceland from Micronesia. 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 Iceland using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Icelandic Krona foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best USD to Iceland 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 Iceland from Micronesia.


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

Bank transfers have been a traditionally popular way to send money overseas from Micronesia 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 USD 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 Micronesia 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.


How to send money from Micronesia to Iceland fast?

It could be a stressful experience if you need to rush money quickly from Micronesia 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 USD 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 Micronesia to Iceland money transfers.


Which are the best money transfer companies to transfer money from Micronesia to 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 Micronesia to Iceland, 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 United States Dollar to Icelandic Krona 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 ISK money transfers to Iceland. 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 Iceland getting more money for every United States Dollar you send.


Step by step guide to send money to Iceland from Micronesia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Micronesia to Iceland, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Micronesia to Iceland that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Iceland where they can receive monies in Icelandic Krona.
  • Then, provide details of your Micronesia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your USD travel to another part of the globe.