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GIB to ISK Converter and calculator

GIB/ISK: 1 GIB = 0.2743 ISK. The price of converting 1 gib (GIB) to Icelandic Króna (ISK) is 0.2743 ISK today.
GIB
GIB
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GIB to ISK real-time exchange rates, making it easy to convert gib (GIB) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 GIB is currently valued at 0.2743 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GIB is currently valued at 0.2743 ISK, which means buying 5 GIB would cost 1.37 ISK. Similarly, kr1 ISK can be converted to 3.65 GIB, and kr50 ISK can be converted to 18.23 GIB, excluding any platform or gas fees.

Convert GIB to ISK

Convert ISK to GIB

gib
Icelandic Króna
1 GIB
0.2743  ISK
Exchange 1 GIB for 0.2743 ISK
2 GIB
0.5487  ISK
Exchange 2 GIB for 0.5487 ISK
5 GIB
1.37  ISK
Exchange 5 GIB for 1.37 ISK
10 GIB
2.74  ISK
Exchange 10 GIB for 2.74 ISK
20 GIB
5.49  ISK
Exchange 20 GIB for 5.49 ISK
50 GIB
13.72  ISK
Exchange 50 GIB for 13.72 ISK
100 GIB
27.43  ISK
Exchange 100 GIB for 27.43 ISK
200 GIB
54.87  ISK
Exchange 200 GIB for 54.87 ISK
500 GIB
137.16  ISK
Exchange 500 GIB for 137.16 ISK
1000 GIB
274.33  ISK
Exchange 1000 GIB for 274.33 ISK
5000 GIB
1,371.64  ISK
Exchange 5000 GIB for 1,371.64 ISK
10000 GIB
2,743.28  ISK
Exchange 10000 GIB for 2,743.28 ISK
In the table above, you'll find a comprehensive GIB to ISK converter that shows the value of gib in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 GIB to ISK, all the way up to 10000 GIB, providing a clear view of their respective values.
Icelandic Króna
gib
1 ISK
3.65 GIB
Exchange 1 ISK for 3.65 GIB
10 ISK
36.45 GIB
Exchange 10 ISK for 36.45 GIB
50 ISK
182.26 GIB
Exchange 50 ISK for 182.26 GIB
100 ISK
364.53 GIB
Exchange 100 ISK for 364.53 GIB
200 ISK
729.05 GIB
Exchange 200 ISK for 729.05 GIB
500 ISK
1,822.64 GIB
Exchange 500 ISK for 1,822.64 GIB
1000 ISK
3,645.27 GIB
Exchange 1000 ISK for 3,645.27 GIB
2000 ISK
7,290.54 GIB
Exchange 2000 ISK for 7,290.54 GIB
5000 ISK
18,226.35 GIB
Exchange 5000 ISK for 18,226.35 GIB
10000 ISK
36,452.71 GIB
Exchange 10000 ISK for 36,452.71 GIB
50000 ISK
182,263.55 GIB
Exchange 50000 ISK for 182,263.55 GIB
100000 ISK
364,527.1 GIB
Exchange 100000 ISK for 364,527.1 GIB
In the table above, you'll find a comprehensive ISK to GIB converter that shows the value of Icelandic Króna in gib across commonly used conversion amounts. The list covers conversions from 1 ISK to GIB, all the way up to 100000 ISK, providing a clear view of their respective values.

GIB to ISK chart

GIB/ISK: 1 GIB = 0.2743 ISK; 2025/08/10 10:40:49
In the past 1D, gib has changed +23.84% to ISK. Based on the trend and price charts, gib(GIB) has changed +23.84% to ISK while Icelandic Króna(ISK) has changed % to GIB in the last 24 hours.
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GIB to ISK conversion data: Volatility and price changes of gib in ISK

The highest gib price in ISK over the past 7 days was 0.3602 ISK while the lowest gib price in ISK over the past 7 days was 0.2153 ISK. The relative change between the highs and lows in gib price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and GIB to ISK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.3086 ISK
0.3602 ISK
0.4376 ISK
1.91 ISK
Low
0.2177 ISK
0.2153 ISK
0.1286 ISK
0.04247 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
+23.84%
+21.21%
-7.35%
-16.11%

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Bitget P2P trading does not currently support direct buying of GIB with ISK. However, you can buy USDT in Bitget P2P trading first, and then buy GIB with USDT via Bitget spot market.
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gib information

GIB to ISK market statistics

GIB/ISK:
kr0.2743
GIB 24h volume:
kr960,403,100.41
GIB market cap:
--
GIB circulating supply:
0 GIB

Current GIB to ISK exchange rate

gib to Icelandic Króna is rising this week.
gib's current market price is kr0.2743 per GIB, with a total market cap of kr0 ISK based on a circulating supply of -- GIB. The trading volume of gib has changed by +77.23% (kr418,492,878.46 ISK) in the last 24 hours. Last trading day, GIB's trading volume was kr541,910,221.95.

More info about gib on Bitget

Icelandic Króna information

About the Icelandic Króna (ISK)

What Is the Icelandic Króna (ISK)?

The Icelandic Króna, abbreviated as ISK and often denoted by the currency sign “kr”, is the official currency of Iceland. The Icelandic Króna is a unique currency, given that Iceland is one of the smallest countries by population to have its own currency and monetary policy. The Icelandic Króna is the sole legal tender in Iceland, and it is used for all transactions within the country.

The Iceland Krona is issued by the Central Bank of Iceland (Seðlabanki Íslands). The Central Bank is responsible for the production and distribution of the currency, as well as for managing Iceland's monetary policy and maintaining the stability of the króna.

What Is the History of ISK?

The króna's roots trace back to the Scandinavian Monetary Union, drawing its name from the Latin word 'corona' meaning 'crown'. Initially, Iceland used the Danish krone, but started issuing its own banknotes in 1885. The Icelandic króna became distinct from the Danish krone after World War I and Icelandic sovereignty in 1918. Due to high inflation, the króna was revalued in 1981, with 100 old króna (ISJ) equating to 1 new króna (ISK).

Notes and Coins of ISK

The Icelandic Króna (ISK) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 1 króna, 5 krónur, 10 krónur, 50 krónur, and 100 krónur. The Central Bank of Iceland issues notes in denominations of 500 krónur, 1000 krónur, 2000 krónur, 5000 krónur, and the highest value of 10,000 krónur.

Is ISK a Stable Currency?

The Icelandic Króna (ISK) has historically been subject to considerable volatility, reflecting the challenges of maintaining currency stability in a small, open economy. Particularly impacted by the 2008 financial crisis, the króna saw a dramatic devaluation, with the exchange rate plummeting from about 90 króna to the euro at the start of 2008 to around 340 króna to the euro by the end of the year. This instability was a direct consequence of the collapse of Iceland's banking sector, which underscored the currency's vulnerability to global economic shifts. Moreover, the króna's value against major currencies like the US Dollar has also been prone to significant fluctuations. For instance, in the first half of 2006, the exchange rate ranged between 50 and 80 króna per US Dollar, but by late 2008, it had depreciated to approximately 135 króna per Dollar. These examples highlight the challenges faced by the Central Bank of Iceland in stabilizing a currency heavily influenced by external economic factors and the dynamics of Iceland's tourism and fisheries-dependent economy.

Is ISK Pegged to EUR?

No, the Iceland Krona (ISK) is not pegged to the Euro. Iceland maintains its own independent currency and monetary policy through the Central Bank of Iceland (Seðlabanki Íslands). The value of the Icelandic króna is determined by the foreign exchange market, meaning it is subject to fluctuations based on market dynamics, rather than being fixed or pegged to the Euro or any other currency.

Will Iceland Adopt the Euro as Its Currency?

As of January 2024, Iceland had not made any definitive plans to adopt the Euro as its official currency. The consideration of adopting the Euro is intertwined with the broader issue of European Union (EU) membership, which Iceland has approached with caution. Following the severe impact of the 2008 financial crisis on the Icelandic economy and the Icelandic Króna (ISK), there was increased discussion about the potential benefits of Euro adoption, such as enhanced economic stability and reduced currency volatility. However, such a move would require Iceland to cede control over its monetary policy to the European Central Bank, a significant concession for a country that values its economic sovereignty. Additionally, public opinion in Iceland has been divided on this issue, reflecting concerns about national independence and the implications for key sectors like fisheries.

Bitget crypto-to-fiat exchange data shows that the most popular gib currency pair is the GIB to ISK, with for gib's currency code being GIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ISK.

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How to convert GIB to ISK

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GIB to ISK Conversion tables

The exchange rate of gib is decreasing.
The exchange rate of 1 GIB to Icelandic Króna has changed by +21.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +23.84%, reaching a high of 0.3086 ISK and a low of 0.2177 ISK . One month ago, the value of 1 GIB was kr0.2963 ISK , which represents a -7.35% change from its current value. Over the last year, gib has changed by
+kr
0.2767ISK
, resulting in a change of -19.14% in its value.
24 hours ago1 month ago1 year ago
Amount 10:40 am today 24 hours ago 24h change
0.5 GIB
kr0.1372kr0.1105
+23.84%
1 GIB
kr0.2743kr0.2211
+23.84%
5 GIB
kr1.37kr1.11
+23.84%
10 GIB
kr2.74kr2.21
+23.84%
50 GIB
kr13.72kr11.05
+23.84%
100 GIB
kr27.43kr22.11
+23.84%
500 GIB
kr137.16kr110.53
+23.84%
1000 GIB
kr274.33kr221.05
+23.84%

GIB to ISK FAQ

How much is 1 gib in ISK?
Right now, the price of 1 gib (GIB) in Icelandic Króna (ISK) is kr0.2743.
How much GIB can I buy for 1 ISK?
Based on the current exchange rate, you can get 3.65 GIB for 1 ISK.
How do I calculate or convert GIB to ISK?
You can use our GIB to ISK calculator at the top of this page to convert any amount of GIB to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 18.23 GIB, while 5 GIB will cost around 1.37ISK.
What is the highest price of GIB/ISK in history?
The all-time high price of 1 GIB in ISK is kr1.91. It remains to be seen if the value of 1 GIB/ISK will exceed the current all-time high.
What is the price trend of gib in ISK?
Over the past 7 days, the exchange rate of gib (GIB) has gone up by 21.21%.   Over the last month, the exchange rate of gib (GIB) has gone down by 7.35% against Icelandic Króna (ISK).

What factors influence the conversion rate of GIB to ISK?

There are many factors that affect the relationship between gib and Icelandic Króna, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of GIB/ISK. When there is positive news in the market about the widespread adoption of GIB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GIB/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GIB/ISK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of GIB/ISK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of gib and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular gib currency pairs: GIB to US Dollar (USD), GIB to Euro (EUR), GIB to Pound Sterling (GBP), GIB to Canadian Dollar (CAD), GIB to Indian Rupee (INR), GIB to Pakistani Rupee (PKR), GIB to Brazilian Real (BRL), GIB to…
The price of gib in the US is $0.002238 USD. Additionally, gib’s price is €0.001921 EUR in the eurozone, £0.001666 GBP in the UK, C$0.003079 CAD in Canada, ₹0.1963 INR in India, ₨0.6343 PKR in Pakistan, R$0.01216 BRL in Brazil, and more.
The most popular gib currency pair is the GIB to Icelandic Króna(ISK). The price of 1 gib (GIB) in Icelandic Króna (ISK) is kr0.2743.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.