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About this currency pair
Icelandic Króna (ISK) — the currency of Iceland
The Icelandic króna grew out of the Nordic crown monetary tradition and is closely tied to Iceland’s tourism, fisheries and small open economy. The Icelandic Króna is the currency used in Iceland, where it appears in local prices, salaries, public fees, bank accounts and business invoices. It often appears in travel spending, regional trade, energy or goods imports, remittances and comparisons with EUR, USD or neighboring currencies. For conversion pages, ISK is useful when translating local prices into major reference currencies or comparing historical and current market values.
Japanese Yen (JPY) — a major international currency
The Japanese yen is Japan’s currency and a major Asian currency in foreign-exchange markets. It is frequently used for trade, technology and manufacturing invoices, travel budgets, investment reporting and price comparisons involving Japan. Yen amounts are often shown without decimal places, so JPY conversions are especially useful when comparing everyday prices with currencies that use cents or similar minor units.