The local currency is the Icelandic Króna (ISK). Card payments are widely accepted across Iceland, but it’s still handy to carry a small amount of cash for tips on tours, roadside stops, or small purchases. To avoid airport markups, exchange AUD → ISK in advance with RedRate Exchange and travel with confidence.
The Icelandic króna (ISK, symbol kr) is the official currency of Iceland and is issued by the Central Bank of Iceland (Seðlabanki Íslands).
It was historically divided into 100 aurar (singular: eyrir), but aurar coins were withdrawn from circulation and are no longer used in everyday payments—amounts are generally paid in whole króna.




Iceland’s food scene is simple, fresh, and surprisingly creative. Try lamb soup, Arctic char, Icelandic skyr, and local seafood straight from the North Atlantic. In Reykjavík, you’ll find everything from cosy cafés to modern Nordic restaurants—perfect after a day of waterfalls and hot springs.
The cheapest way to buy Icelandic Króna in Australia is to order them online through RedRate Exchange. When you pre-order ISK online, you often get a best exchange rate compared to walking into a store directly. By booking online, you can:
While you can always visit our branches for quick service, ordering online first ensures you get the most competitive and cheapest ISK exchange rate, helping you save more on every transaction.

Notification