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ISK

Icelandic Krona

ISK · Iceland

38
Moderate
Risk
Historical Scores
333741Jul 2021Jul 2023May 2026
What does this mean for you?

The Icelandic Krona is in decent shape overall, scoring 38 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 7.4%/yr returns. Money in a basic account is slowly losing value. Calculator ↓

Inflation
5.9%
Debt / GDP
80.2%
GDP Growth
-1.0%
FX Volatility
9.2
Governance
Not available
Reserves
4.8 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 ISK5.9% inflation
ISK 752−ISK 248 (25% purchasing power lost)
Your ISK 1,000 buys 25% less in 5 years
What if you invested ISK 1,000 instead? (5yr, in ISK terms)
USD-denominated assets gain an additional ~2.9%/yr from expected ISK depreciation vs USD
Hold USD Cash
ISK 993
−ISK 7
-0.1%/yr net in ISK
S&P 500
ISK 1831
+ISK 831
range: ISK 852–ISK 3553
10% USD return + 2.9% FX · ±16% vol
Gold
ISK 1674
+ISK 674
range: ISK 494–ISK 4460
8% USD return + 2.9% FX · ±24% vol
Bitcoin
ISK 3417
+ISK 2417
range: ISK 220–ISK 19.9k
25% USD return + 2.9% FX · ±54% vol

All values in ISK. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~2.9%/yr based on the inflation differential between Iceland (5.9%) 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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