Convert GIP to ISK — live rate

Convert Gibraltar Pounds to Icelandic Krónas and compare the real cost of sending money.

GIP
ISK
1 GIP = 165.8270 ISK • Mid-market rate
Updated just now
Compare transfers for GIP → ISK
No signup required • FCA-regulated providers only

Historical GIP/ISK exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: GIP to ISK

1 GIP → 165.83 ISK
5 GIP → 829.14 ISK
10 GIP → 1,658.27 ISK
50 GIP → 8,291.35 ISK
100 GIP → 16,582.70 ISK
500 GIP → 82,913.50 ISK
1,000 GIP → 165,827.00 ISK
5,000 GIP → 829,135.00 ISK

Real cost of GIP → ISK

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 GIP
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

GIP — Gibraltar Pound
ISO Code GIP
Symbol £
Central Bank Government of Gibraltar
Common Notes £5, £10, £20, £50, £100
Learn more about GIP
ISK — Icelandic Króna
ISO Code ISK
Symbol kr
Central Bank Central Bank of Iceland
Common Notes kr500, kr1000, kr2000, kr5000
Learn more about ISK

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.