Currency · Live data
Icelandic Króna
ISKIceland · Issued by Seðlabanki Íslands
Price (USD)
$0.008145
Inflation (2024)
+5.86%
10y M2 change
+89%
M69 Score
73.6
Banking crisis 2008
Market Cap (USD)
$25.12B
via M2 · 2024
M2 (local currency)
3.08T ISK
current LCU
CPI YoY (2024)
+5.86%
World Bank · annual
Country
Iceland
ISO 4217 · ISK
Last Update
2026-04-25
Daily ingest · 02:00 UTC
Icelandic Króna M2 money supply
Broad money in ISK (cash + deposits + close substitutes), annual back to ~1960 via World Bank FM.LBL.BMNY.CN. Log scale auto-engages for hyperinflation outliers.
Icelandic Króna inflation history
Annual CPI YoY since 2001 — World Bank consumer price index for Iceland. Inflation volatility is one of three inputs into the Money2069 sound-money score.
Purchasing power calculator
How much would your Icelandic Króna be worth today if you'd held it since…?
100 ISK in 2001 buys today
11.36 ISKworth of goods
Lost 89% of purchasing power since 2001.
To match 2001 purchasing power, you need today
879.98 ISK
46 years of cumulative inflation.
Calculation: cumulative product of (1 + CPI YoY) from the chosen year through 2024. Source: World Bank consumer price index (annual). Daily-refreshed.
Data sources & methodology
- FX (USD):
- Frankfurter / ECB · daily
- CPI YoY:
- World Bank FP.CPI.TOTL.ZG · annual
- M2 broad money:
- World Bank FM.LBL.BMNY.CN · annual (LCU)
- Market cap (USD):
- M2 / FX rate · daily
- 10-year M2 change:
- (M2 today / M2 10y ago) − 1
- M69 score:
- Weighted: CPI (50%), 10y M2 growth (40%), 1y FX stability (10%)
- Last fetched:
- 2026-04-25 16:02:06
- Country code (ISO 3166-1):
- ISL
Note: Banking crisis 2008
Raw data: /api/v1/currencies/current/ISK
Frequently asked questions
Who issues the Icelandic Króna?+
The Icelandic Króna (ISK) is issued by Seðlabanki Íslands. As the monetary authority for Iceland, it sets policy interest rates, manages foreign reserves, and controls the money supply.
What is the inflation rate of the Icelandic Króna?+
Latest available consumer price inflation for the Icelandic Króna: 5.86% YoY (2024). Source: World Bank annual series (FP.CPI.TOTL.ZG). Daily-refreshed historical chart on this page.
Has the Icelandic Króna been debased?+
Every fiat currency loses purchasing power over time as central banks expand the money supply. M2 has grown by approximately 89% over the past decade. Combined with cumulative inflation, this is the gap between ISK as accounting unit and ISK as a store of value.
Is the Icelandic Króna sound money?+
On the Money2069 0–100 sound-money scale, the Icelandic Króna currently scores 73.6. The score weights inflation volatility, 10-year money-supply growth, and 1-year FX stability. Higher = closer to sound. No fiat scores 100 because no fiat has zero issuance.
How does the Icelandic Króna compare to gold or the US dollar?+
Use the table on the listing page to sort all 138 tracked currencies by inflation, 10-year M2 change, or M69 score. Pegged currencies (USD-pegged dirham, riyal, etc.) inherit the dollar's debasement profile; floating currencies tell their own story.
How often is this data updated?+
We pull fresh exchange rates daily from Frankfurter (ECB-sourced) and refresh the inflation series from the World Bank. The page is statically rendered with 24-hour ISR. Source data is publicly accessible via our /api/v1/currencies endpoints.