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

Compare today's NOK to ISK (Norwegian Krone to Icelandic Krona) exchange rates

Norway
Iceland
NOK

Interbank Exchange Rate: 1 NOK = 12.7317 ISK
Updated about an hour ago

Found 3 Remittance Service Providers

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1000 NOK =
12 428.40 ISK
Transfer Limit (NOK): No Limits
Indicative Rate1 NOK = 12.4284 ISK

📢 Get promotional rate on your first transfer
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1000 NOK =
11 746.80 ISK
Transfer Limit (NOK): No Limits
Locked-In Rate1 NOK = 11.7468 ISK
(*)(*)(*)(*)(*)
1000 NOK =
11 515.00 ISK
Transfer Limit (NOK): 1 - 1000000
Locked-In Rate1 NOK = 11.5150 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 Norwegian Krone to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from Norway to Iceland. Send money overseas to your loved ones by comparing Norwegian Krone (NOK) 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 Norway, we currently have 3 remittance service providers available.

Profee currently offers the most competitive rate for sending money to Iceland and their 1 NOK to ISK exchange rate today is 12.4284.

The next best Norwegian Krone to Icelandic Krona exchange rate today for money transfers to Iceland is offered by Western Union (1 NOK = 11.7468 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 Norway.

Were you looking to send money from Iceland to Norway 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 NOK to ISK Conversion Rates

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

1 NOK12.73 ISK
5 NOK63.66 ISK
10 NOK127.32 ISK
25 NOK318.29 ISK
50 NOK636.59 ISK
100 NOK1,273.17 ISK
150 NOK1,909.76 ISK
200 NOK2,546.34 ISK
250 NOK3,182.93 ISK
300 NOK3,819.51 ISK
400 NOK5,092.68 ISK
500 NOK6,365.85 ISK
600 NOK7,639.02 ISK
700 NOK8,912.19 ISK
800 NOK10,185.36 ISK
1,000 NOK12,731.70 ISK
1,500 NOK19,097.55 ISK
2,000 NOK25,463.40 ISK
2,500 NOK31,829.25 ISK
3,000 NOK38,195.10 ISK
4,000 NOK50,926.80 ISK
5,000 NOK63,658.50 ISK
10,000 NOK127,317.00 ISK
15,000 NOK190,975.50 ISK
20,000 NOK254,634.00 ISK
30,000 NOK381,951.00 ISK
40,000 NOK509,268.00 ISK
50,000 NOK636,585.00 ISK
100,000 NOK1,273,170.00 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 Norway to Iceland money transfers?

Sending money internationally to Iceland from Norway 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 Norwegian Krone 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 remit rate for transferring money from Norway to Iceland?

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 Iceland.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Norway to Iceland 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 NOK to Icelandic Krona 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 from Norway to Iceland?

Finding the cheapest way to send money from Norway to Iceland might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer NOK to ISK via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Norway to Iceland exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to send money from Norway to Iceland?

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 NOK 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 Norway 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 Norway. They do this by letting you fund your transaction through your local bank account in Norway, 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.


How to send money to Iceland from Norway fast?

The speed of your Norwegian Krone 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 NOK 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 Norway 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 Norway bank to Iceland bank transfer.


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

Since the Norwegian Krone to Icelandic Krona money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Norway that may also be able to send money to Iceland. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your NOK to ISK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Iceland gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Norway to Iceland transaction.


Step by step guide to send money from Norway to Iceland

Follow the below easy steps to send money to Iceland from Norway.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Norway bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Iceland).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your NOK to ISK remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.