Icelandic Krona Exchange Rate (ISK) – Currency Exchange in Warsaw
The Icelandic krona (ISK) is the official currency of Iceland, issued by Seðlabanki Íslands — the Central Bank of Iceland. At Kantor Argentarii in Warsaw you can exchange it commission-free: we buy and sell ISK banknotes for cash at rates close to the NBP mid-rate.
Our exchange office is at Grzybowska 61, inside the Platinum Towers gallery — a short walk from Rondo Daszyńskiego and the M2 metro. Most clients exchanging krónur are tourists preparing cash before a trip to Iceland, or people returning from work on the island.
Current Icelandic krona rate (ISK/PLN)
Buy and sell rates update continuously during opening hours, and the same rate applies at the counter if you mention the online price. The full table of all currencies is on our homepage. For larger amounts the rate is negotiable — call +48 791 901 979 before you visit.
Buying and selling Icelandic krónur in Warsaw
We handle both sides of the transaction. Coming back from Iceland with cash? We buy your krónur at the current buy rate. Heading there? ISK banknotes are available on the spot — no bank pre-order needed. The Icelandic krona is one of the harder currencies to find in Polish exchange offices, so for larger amounts it is worth calling a day ahead to confirm denominations. We deal in banknotes only and do not accept Icelandic coins.
What drives the ISK/PLN rate
The Icelandic krona floats freely and trades on one of the smallest currency markets in Europe — Iceland has fewer than 400,000 residents. A small market means sharper swings: ISK reacts visibly to the tourist season, fish and aluminium export results, and Seðlabanki Íslands interest-rate decisions. Capital controls introduced after the 2008 crisis stayed in place until 2017 — the krona has traded freely since, but in nervous markets it can gain or lose ground faster than the euro or the dollar. ISK/PLN is calculated through euro and dollar pairs, so NBP decisions feed into the price as well.
Which Icelandic banknotes we accept
Five denominations are in circulation: 500, 1000, 2000, 5000 and 10,000 krónur. The largest — the 10,000-krona note with the portrait of poet Jónas Hallgrímsson — entered circulation in 2013. The 2000-krona note is the one you will see least often, but we buy all the denominations listed. We do not accept notes from before Iceland’s 1981 currency reform: the krona was redenominated at 100:1, and old issues no longer have face value, only potential collector value. Damaged, marked or taped notes are priced individually at the counter.
How the exchange works
Check the current rate on our homepage, then come to Grzybowska 61 — a transaction takes a few minutes and no appointment is needed. Bring ID only for larger amounts: under the Polish AML act, transactions of EUR 15,000 equivalent or more require client identification. We operate under an entry in the NBP register of currency exchange offices. Besides currencies, we also run gold buying in Warsaw at the same counter.
Reserve a rate for one hour
You can lock the online rate for 60 minutes — fill in the reservation form on the homepage and mention the online price at the counter. Handy for larger amounts, or when the rate is good and you need time to get here. Reservations are free and non-binding.
Kantor Argentarii – Grzybowska 61, Warsaw
You will find us in the Platinum Towers gallery at Grzybowska 61, unit 12, on the border of Wola and the city centre. Open seven days a week: Monday to Friday 9:00–21:00, Saturday 10:00–20:00, Sunday 11:00–20:00. Alongside ISK we exchange 24 currencies, including the Danish krone, the Norwegian krone, the Swedish krona and the US dollar. See the full offer on the currency exchange page. Questions? Call +48 791 901 979 or use the contact form.
Frequently asked questions about exchanging Icelandic krónur
What is today’s Icelandic krona rate at the kantor?
Current buy and sell rates for ISK are shown in the rates table on our homepage, updated continuously during opening hours. The counter rate matches the online rate if you mention it, and for larger amounts you can negotiate by phone.
Can I pay by card in Iceland, or do I need cash?
Iceland is almost cashless — cards work in shops, petrol stations and most attractions. A small reserve of krónur is still useful for vending machines, public toilets or local markets. For a typical trip, cash worth a few hundred złoty is usually enough.
Can I exchange a 10,000-krona Icelandic banknote?
Yes, we buy all circulating denominations: 500, 1000, 2000, 5000 and 10,000 krónur. The 10,000-krona note has been in circulation since 2013 and regularly reaches us after trips to Iceland — we buy it at the standard rate, with no extra fees.
Do you buy Icelandic coins?
No, we exchange banknotes only. Icelandic coins — 1, 5, 10, 50 and 100 krónur — are best spent in Iceland or kept for your next trip. Transport and sorting costs mean exchange offices in Poland do not accept them.
Can I buy Icelandic krónur from you before a trip to Iceland?
Yes, we sell ISK for cash on the spot — no pre-ordering or prepayment. The Icelandic krona is rarely stocked by Polish exchange offices, so before visiting for a larger amount call +48 791 901 979 — we will confirm denomination availability and, if needed, reserve the rate for one hour.
Can I pay in euros in Iceland?
As a rule, no. Iceland belongs to the EEA but not to the European Union or the euro area — the only widely accepted currency is the Icelandic krona. A few tourist venues take euros at their own, usually poor, conversion rate, so it is safer to carry a card and a small amount of ISK.