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ISK

Icelandic Krona

ISK · Iceland

35
Moderate
Risk
Historical Scores
323741Jul 2021Jul 2025Aug 2026
What does this mean for you?

The Icelandic Krona is in decent shape overall, scoring 35 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You need at least 5.6%/yr returns. Money in a basic account is slowly losing value. Calculator ↓

Inflation
4.1%
Debt / GDP
80.1%
GDP Growth
1.3%
FX Volatility
2.4
Governance
Not available
Reserves
5.3 mo
Analysis
What's working well
Banking system is in good shape
What to watch out for
No major concerns
Full Iceland analysis →

Savings Impact Calculator

ISK
Holding cash in ISK4.1% inflation
ISK 818−ISK 182 (18% purchasing power lost)
Your ISK 1,000 buys 18% less in 5 years
What if you invested ISK 1,000 instead? (5yr, in ISK terms)
USD-denominated assets gain an additional ~1.1%/yr from expected ISK depreciation vs USD
Hold USD Cash
ISK 908
−ISK 92
-1.9%/yr net in ISK
S&P 500
ISK 1692
+ISK 692
range: ISK 777–ISK 3316
10% USD return + 1.1% FX · ±16% vol
Gold
ISK 1545
+ISK 545
range: ISK 446–ISK 4176
8% USD return + 1.1% FX · ±24% vol
Bitcoin
ISK 3187
+ISK 2187
range: ISK 195–ISK 18.9k
25% USD return + 1.1% FX · ±54% vol

All values in ISK. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~1.1%/yr based on the inflation differential between Iceland (4.1%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how ISK ranks differently.
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