Currency in Iceland

[eash]

Is the current rate of Icelandic Kronur to the pound good or bad?

I get confused with currencies!

Basically on xe.com �100 = 18827.66 ISK

Thanks

[Buenchico]

Terms like 'good' or 'bad' are very subjective.

This page quotes typical prices in Iceland a couple of months ago:
http://www.hostel.is/default.asp?cat_id=276

I've copied and pasted the content of that page, but substituted sterling values based upon the conversion rate you've quoted:
1 kg bread ~ �1.06
1 litre milk ~ 47p
1 kg cheese (26%) ~ �5.84
1 kg bananas ~ �1.06
1 litre orange juice ~ 66p
1 kg cucumber ~ �1.85

Lunch at a low-medium priced restaurant ~ �5.31 � �7.97
Dinner at a low-medium priced restaurant ~ �7.96 - �21.25
Glass of beer (0.33 l) ~ �3.72
Wine, glass/bottle ~ �4.78/�18.59
Expresso ~ �1.59

1 litre of gasoline ~ 85p
Public bus ticket ~ �1.49
Overnight stay at a hostel ~ �10.09 (HI members)

Access to swimming pool ~ �1.91
Movie ticket ~ �5.05
Daily newspaper ~ �1.59

Chris

[eash]

That's great, thanks.

[BenDToy]

The Icelandic currency is one of the very few that is "worse" against the pound than say 1 year ago. In other words, your pound will buy much more now than it did then. I don't know the specifics but a friend who visited there recently tells me that it is now just "pricey" rather than "absolutely ludicrously extortionate"!