EUR to ISK in August 2026: high, low, average
Updated September 26, 2026
The euro averaged 141.76 Icelandic kronur in August 2026, across 21 ECB reference rates. The krona gained on the euro during the month, especially in the last ten days. The euro started at 142, reached a high of 142.6 on August 7 and fell to the low of 140.4 on August 27. It closed August at 140.8.
Iceland in August: the peak of the tourist season
August is one of the busiest months for visitors to Iceland. Hotels, car rentals and tours in Reykjavík, along the Ring Road and in the Westfjords are priced in kronur. For Europeans, the EUR/ISK rate decides how far a holiday budget goes.
In August 2026 the answer was: slightly less far than in July. The monthly average fell 1.05% from 143.27, which means each euro bought fewer kronur. Compared with August 2025 (143.1), it was 0.93% lower.
Rates in steps of 0.2
A distinctive feature of EUR/ISK in the August data is that every fixing moved in steps of 0.2 kronur. As a result, the daily table shows several days with identical fixings. From August 13 to August 19 the rate stayed at 142.2 for five fixings in a row.
That stability ended on August 20. The euro fell five times in the next six fixings, with the biggest drop of the month, 0.57%, on August 27, taking it to 140.4. It recovered to 140.8 on the last two days.
Over the month the euro fell on 9 fixings, rose on 5, and was unchanged on the rest.
Daily EUR/ISK rates
| Day | Rate (ISK) | Daily change |
|---|---|---|
| August 3 | 142 | -0.42% |
| August 4 | 142 | 0% |
| August 5 | 141.8 | -0.14% |
| August 6 | 142 | +0.14% |
| August 7 | 142.6 | +0.42% |
| August 10 | 142.2 | -0.28% |
| August 11 | 142.2 | 0% |
| August 12 | 141.8 | -0.28% |
| August 13 | 142.2 | +0.28% |
| August 14 | 142.2 | 0% |
| August 17 | 142.2 | 0% |
| August 18 | 142.2 | 0% |
| August 19 | 142.2 | 0% |
| August 20 | 142 | -0.14% |
| August 21 | 141.6 | -0.28% |
| August 24 | 141.2 | -0.28% |
| August 25 | 141.4 | +0.14% |
| August 26 | 141.2 | -0.14% |
| August 27 | 140.4 | -0.57% |
| August 28 | 140.8 | +0.28% |
| August 31 | 140.8 | 0% |
Key figures
- Average: 141.76
- High: 142.6 on August 7
- Low: 140.4 on August 27
- Change first to last: down 0.85%
- Range: 1.57%
- Inverse average: 0.0070542 euros per krona
Tips for visitors
Cards work almost everywhere. Iceland is one of the most card-friendly countries in the world. Few visitors need cash at all. The rate you pay is set by your card provider on the day of each transaction.
Always pay in kronur. If a terminal offers to charge you in euros, decline. The conversion offered by the merchant's bank is usually worse than your own bank's rate.
Check the fixing. After your trip, divide the euro amount on your statement by the kronur you spent and compare the result with the fixing of that day. The difference shows what your card provider charged.
For businesses
Icelandic exporters of fish and aluminium sell largely in euros and dollars. A stronger krona reduces their revenue in kronur. Tourism companies, which earn kronur from foreign visitors, see the same effect indirectly as Iceland becomes a bit more expensive. European suppliers to Iceland find their euro prices slightly cheaper for Icelandic buyers.
For Icelandic households, a stronger krona means cheaper imported goods and holidays in the euro area.
What to do
- Check any date on EUR/ISK daily rates in August 2026.
- See the high of the month on EUR/ISK on the high day of the month.
- Compare with the rest of 2026 on EUR/ISK in 2026.
- See the EUR to ISK exchange rate today, and use the 100 EUR to ISK converter before your trip.
Questions and answers
What was the average EUR to ISK rate in August 2026?
The euro averaged 141.76 Icelandic kronur across 21 ECB reference rates in August 2026.
When was the krona strongest against the euro in August 2026?
On August 27, 2026, when the euro fixed at 140.4 kronur, the low of the month.
Is Iceland more expensive for euro holders than in July 2026?
Slightly. The August average of 141.76 was 1.05% below the July average of 143.27, so each euro bought fewer kronur.