Live rate: 1 GBP = 176.0700 ISK (+0.15%)

Inverted: 1 ISK = 0.0057 GBP

Click here for our full travel and holiday rates comparison tool.

Comparison Results:

ProviderExchange RateFeeYou GetServiceNotesAction

Live Market Rate

176.07000174.3093
Horizon Currency 175.4538

(indicative)

0175.4538 International Payments and Transfers Experts in international money transfers for business and individuals, delivering industry-beating exchange rates.
CorPay 174.8375

(indicative)

0174.8375 International Payments and Transfers Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent.
wise 176.07000.93%174.4325 Best Multi-Currency Card One currency card for all your travels. Use it instantly as a digital card and top-up from the app, with the mid-market rate. 40+ currencies. Save up to 87% when you spend internationally.
Travel FX 168.96430168.9643 Holiday FX, Cash Delivery A specialist alternative to banks, bureau de change & the Post Office for clients seeking competitive currency exchange rates. A multiple award-winning company, offering free delivery (over £700.00), no commission charges, payment by Debit Card or Bank Transfer and typically offering the best exchange rates available.
currencyonlinegroup 168.77120168.7712 Best Branch Collection Also offer delivery and cash buyback services. Home delivery orders of £5 and above are accepted, for branch collection the minimum is £500. One of the highest rated companies we survey according to independent rating review providers.

Best Bank Rate

Banks
171.1400

(upper range)

Variable171.1400 Payments, transfers, holiday money Determined using data on spread charges supplied by IMTI

Worst Bank Rate

Banks
169.9076

(lower range)

Variable169.9076Payments, transfers, holiday money Determined using data on spread charges supplied by Money Mover and Accourt

Paypal

Paypal
168.14690168.1469 International Payments and Transfers
For full historical data please visit: GBP/ISK exchange rate history pages for the year 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012

January - 2025

SunMonTueWedThuFriSat
1
2

Open: 173.9100

Close: 173.2900

Mid: 173.4200

3

Open: 173.2800

Close: 173.6500

Mid: 173.3400

4
5
6

Open: 173.6600

Close: 174.8500

Mid: 174.1350

7

Open: 174.8500

Close: 175.3300

Mid: 175.2400

8

Open: 175.3300

Close: 173.8700

Mid: 174.5850

9

Open: 173.8600

Close: 173.3900

Mid: 173.1800

10

Open: 173.4000

Close: 172.4600

Mid: 173.0350

11
12
13

Open: 172.4500

Close: 172.4200

Mid: 172.0100

14

Open: 172.4300

Close: 171.7300

Mid: 171.9600

15

Open: 171.7300

Close: 172.1400

Mid: 171.9400

16

Open: 172.1400

Close: 172.3900

Mid: 172.1500

17

Open: 172.3900

Close: 172.3800

Mid: 172.0700

18
19
20

Open: 172.3500

Close: 172.6600

Mid: 172.3050

21

Open: 172.6600

Close: 172.8600

Mid: 172.6450

22

Open: 172.8400

Close: 172.8600

Mid: 173.0100

23

Open: 172.8700

Close: 172.9900

Mid: 172.8950

24

Open: 172.9800

Close: 174.0300

Mid: 173.2650

25
26
27

Open: 174.0400

Close: 174.3000

Mid: 174.1650

28

Open: 174.2900

Close: 173.9600

Mid: 174.2200

29

Open: 173.9700

Close: 174.0900

Mid: 174.0250

30

Open: 174.0900

Close: 174.7900

Mid: 174.4450

31

Open: 174.8000

Close: 175.4800

Mid: 175.1550

February - 2025

SunMonTueWedThuFriSat
1
2
3

Open: 175.5100

Close: 175.9600

Mid: 175.9300

4

Open: 175.9700

Close: 176.5400

Mid: 176.0950

5

Open: 176.5500

Close: 176.4700

Mid: 176.5600

6

Open: 176.4600

Close: 175.8100

Mid: 175.7950

7

Open: 175.8100

Close: 176.0700

Mid: 175.9650

8
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March - 2025

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April - 2025

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May - 2025

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June - 2025

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July - 2025

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August - 2025

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September - 2025

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October - 2025

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November - 2025

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December - 2025

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Compare Exchange Rates:

Know What the Best Exchange Rate Looks Like

Benchmark the exchange rate market with Pound Sterling Live's custom currency rate comparison tool with built-in algorithms to find the best rates in the market.

Why

Banks and financial institutions buy and sell currency from each other - these sizeable institutions are 'the market' and the rate they transact at is the 'market rate'. The difference between how much a currency is purchased and sold is the spread, which is essentially the difference between the buy and sell price.

But, when currency is sold by banks to retail customers that spread widens significantly and the profit on the transaction is therefore substantially larger.

Therefore when we focus on the transfer fee when sending money abroad we often miss the biggest cost: the exchange rate spread.

Foreign exchange providers have essentially recognised this and they enter the market to transfer money at tighter spreads, thereby saving potentially significant amounts of money for their clients simply by providing better exchange rates.

For example, the transfer of £100K into euros is expected to attract a rate that delivers between €112,480 and €113,296 with the UK's leading high street banks. But FCA authorised providers will provide a rate that delivers between €115,510 and €115,740 (using rates on 05/07/21).

Taking the time to work with a FCA regulated currency provider could therefore result in the delivery of an extra euros amount of between €2444 and €3030.

Safety is Everything

Pound Sterling Live only works with foreign exchange payment companies that are FCA Authorised. This is important: FCA regulations and oversight requires the money they transfer on your behalf to be protected through a process known as 'safeguarding'. Safeguarding requires the payments company to keep your money separate from their own money in a top-tier bank. Therefore if the provider comes under stress your money should be protected.