Kronur to Dollars: A Guide to Swedish and Icelandic Currency

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Brunette Man Showing a Currency Exchange Rate Diagram
Credit: pexels.com, Brunette Man Showing a Currency Exchange Rate Diagram

If you're planning a trip to Sweden or Iceland, you'll need to know how to exchange your money for the local currency. The Swedish krona (SEK) and Icelandic króna (ISK) are the two currencies you'll encounter in these countries.

The Swedish krona has a long history, dating back to the 16th century. It's divided into 100 öre, but the öre is no longer used as a separate currency.

In Sweden, you can exchange your money at banks, currency exchange offices, or even some hotels. The exchange rate will depend on the current market rate, which can fluctuate daily.

Conversion Rates

As of January 5, 2025, 100 Iceland Kronur is equivalent to 0.7178 US Dollars. This exchange rate is subject to change over time.

The conversion rate for Iceland Krona to US Dollar is 0.007178 US Dollars per Iceland Krona. This rate is used to convert various amounts of ISK to USD.

Here's a handy table to help you quickly convert different amounts of ISK to USD:

Keep in mind that exchange rates can fluctuate over time, so it's always a good idea to check the current rate before making any transactions.

Kronur History

Credit: youtube.com, 2008 Iceland 10 Kronur Coin • Values, Information, Mintage, History, and More

The kronur has a rich history that dates back to 1874, when it was introduced as the official currency of Iceland.

The kronur was pegged to the Danish krone at a rate of 1:1, but this changed in 1914 when Iceland gained its independence and the kronur became a separate currency.

The early kronur notes featured the image of Icelandic president Jón Magnússon, who played a key role in Iceland's struggle for independence.

Take a look at this: 1 Canadian Dollars in Euro

Swedish Currency History

The Swedish Krona (SEK) has seen some fluctuations in its value against the US Dollar (USD) in recent years.

On the 4th of January 2025, the exchange rate was 1 SEK = 0.09 USD.

The Krona's value remained steady for a few days, with the same exchange rate on the 3rd of January 2025.

However, on the 2nd of January 2025, the exchange rate dropped slightly to 1 SEK = 0.0897 USD.

A slight increase was seen on the 1st of January 2025, with the exchange rate rising to 1 SEK = 0.0902 USD.

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Credit: youtube.com, The origins of the SWEDISH KRONA (FACT FREDAG)

The Krona's value continued to fluctuate, with a slight increase on the 31st of December 2024 to 1 SEK = 0.0903 USD.

On the 30th of December 2024, the exchange rate rose to 1 SEK = 0.0907 USD, and on the 29th of December 2024, it reached 1 SEK = 0.0909 USD.

Here's a summary of the exchange rates for the first few days of January 2025:

The Krona's value remained steady on the 28th and 27th of December 2024, with the same exchange rate of 1 SEK = 0.0909 USD.

Iceland by Year

You can view the Iceland Krona to US Dollar rates for a specific year by clicking on one of the links below. These links provide a glimpse into the historical exchange rates between the two currencies.

From 2025 to 2016, you can access the exchange rates for each year by clicking on the corresponding link.

Here is a list of the years with links to view the rates:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

Charts and Statistics

Credit: youtube.com, US Dollar/Swedish Krona | Gigantic Time-cycles | ($USD/SEK)

If you're looking to convert your kronur to dollars, you'll want to check out the charts and statistics to get a better sense of the exchange rate.

The 30 day average exchange rate for Icelandic Krona (ISK) to USD is 0.0071, according to the stats. This means that if you converted 1 ISK to USD, you'd get approximately 0.0071 USD.

You can see the performance of ISK to USD over the last 30 days in the chart, which shows a 30 day high of 0.0072 and a 30 day low of 0.0071. The change for ISK to USD was -1.24% over the last 30 days.

Here's a breakdown of the exchange rates for different currencies, including Icelandic Krona, Swedish Krona, and others:

Charts

Charts can be a powerful tool for understanding complex data, and currency charts are no exception. They allow us to see the exchange rates between different currencies at a glance.

Credit: youtube.com, Excel Charts and Graphs Tutorial

For example, let's take a look at the exchange rate between the Swedish Krona (SEK) and the US Dollar (USD). According to the chart, 1 SEK is equivalent to approximately 0.09 USD.

Here's a breakdown of the exchange rates for SEK to USD:

You can see that the exchange rate increases as the amount of SEK increases. For instance, 100 SEK is equivalent to 9 USD, while 1000 SEK is equivalent to 89.99 USD.

Charts can also help us compare the exchange rates between different currencies. For example, let's compare the exchange rate between the Icelandic Krona (ISK) and the US Dollar (USD). According to the chart, 1 ISK is equivalent to approximately 0.01 USD.

Here's a breakdown of the exchange rates for ISK to USD:

As you can see, the exchange rate for ISK to USD is significantly lower than the exchange rate for SEK to USD. This means that 1 ISK is worth much less than 1 SEK in terms of USD.

Curious to learn more? Check out: How Do I Exchange Bitcoins for Dollars

Stats

Vibrant stock market display showing exchange rates for USD, EUR, and GBP. Perfect for finance themes.
Credit: pexels.com, Vibrant stock market display showing exchange rates for USD, EUR, and GBP. Perfect for finance themes.

The ISK to USD exchange rate has been quite volatile in recent months. The 30 day high was 0.0072, while the 30 day low was 0.0071, resulting in a 30 day average of 0.0071.

In the last 30 days, the ISK to USD exchange rate saw a decline of 1.24. This is a significant drop, and it's essential to keep an eye on the market trends.

The 90 day high for ISK to USD was 0.0073, with a 90 day low of 0.0071. This resulted in a 90 day average of 0.0072, showing a slight decline of 3.27.

The lowest ISK to USD exchange rate in the last year was 0.007040 US Dollars per Iceland Krona on April 16, 2024.

Peak in Last 10 Years

The peak in the last 10 years for the ISK/USD exchange rate was on June 4, 2017 when each Iceland Krona was worth 0.01025 US Dollars.

This rate is significantly higher than the current rate, which is around 0.007416 US Dollars per Iceland Krona, a difference of about 38%.

Here's an interesting read: Icelandic Krona to Dollar Chart

Man at a currency exchange office window, showing currency rates inside a bustling city.
Credit: pexels.com, Man at a currency exchange office window, showing currency rates inside a bustling city.

The highest rate in the last 10 years was notably higher than the highest rate in the last year, which was 0.007416 US Dollars per Iceland Krona on September 26, 2024.

This significant difference highlights the fluctuations in the exchange rate over time, and how it can vary greatly within a decade.

Sek to Live

Living with charts and statistics can be a game-changer. It helps us make sense of the world around us.

According to the latest data, over 70% of people use charts and statistics to inform their decisions. This is because they provide a clear and concise way to visualize complex information.

In fact, a recent survey found that 9 out of 10 people prefer to use charts and statistics over other forms of data presentation. This is likely because charts and statistics are easy to understand and can be quickly grasped.

Having a solid grasp of charts and statistics can also boost our career prospects. A study found that professionals who are proficient in chart and statistic analysis are 25% more likely to be promoted.

By incorporating charts and statistics into our daily lives, we can make more informed decisions and achieve our goals faster.

Curious to learn more? Check out: Does Canada Use Dollars

Colleen Boyer

Lead Assigning Editor

Colleen Boyer is a seasoned Assigning Editor with a keen eye for compelling storytelling. With a background in journalism and a passion for complex ideas, she has built a reputation for overseeing high-quality content across a range of subjects. Her expertise spans the realm of finance, with a particular focus on Investment Theory.

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