What is the current MAD to ISK exchange rate?

The current mid-market exchange rate is 1 MAD = 12.6455 ISK. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MAD to ISK rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MAD to ISK?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MAD/ISK rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MAD to ISK — live rate

Convert Moroccan Dirhams to Icelandic Krónas and compare the real cost of sending money.

You send

MAD

They receive

ISK

1 MAD = 12.6455 ISK • Mid-market rate

Updated just now

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Historical MAD/ISK exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MAD to ISK

1 MAD → 12.65 ISK

5 MAD → 63.23 ISK

10 MAD → 126.46 ISK

50 MAD → 632.28 ISK

100 MAD → 1,264.55 ISK

500 MAD → 6,322.75 ISK

1,000 MAD → 12,645.50 ISK

5,000 MAD → 63,227.50 ISK

Currency snapshots

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

ISK — Icelandic Króna

ISO Code ISK

Symbol kr

Central Bank Central Bank of Iceland

Common Notes kr500, kr1000, kr2000, kr5000

Learn more about ISK

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MAD to ISK — live rate

Historical MAD/ISK exchange rate

Quick reference: MAD to ISK

Real cost of MAD → ISK

Estimated savings

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Currency snapshots