How to send money to Iceland from Denmark with the best DKK-ISK rate

For sending money to Iceland, Regency FX has the lowest fee at 0 DKK. Regency FX is cheapest overall, giving your recipient 910,230.47 ISK from 50,000 DKK, and Revolut is the fastest.

Best companies for DKK/ISK transfers

4 of 4 providers

Last updated on 28 October 2026

Based on 50,000 DKK transfer

Best companies for DKK/ISK transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee 762,54 kr 1 DKK = 18.2484 ISK +0.03% vs mid-market Recipient gets 898.505,00 kr Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
762,54 kr1 DKK = 18.2484 ISK
898.505,00 krYou pay50.000,00 kr
Promoted

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 18.2046 ISK +0.27% vs mid-market Recipient gets 910.230,47 kr Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Iceland with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 18.2046 ISK
910.230,47 krYou pay50.000,00 kr

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Showing top Denmark to Iceland deals for 50,000 DKK. Do a live search with your exact amount for today's best rates.
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Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 18.2046 ISK +0.27% vs mid-market Recipient gets 910.230,47 kr Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Iceland with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 18.2046 ISK
910.230,47 krYou pay50.000,00 kr

Wise

Pay via Bank transfer
Fee 762,54 kr 1 DKK = 18.2484 ISK +0.03% vs mid-market Recipient gets 898.505,00 kr Within a week
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
762,54 kr1 DKK = 18.2484 ISK
898.505,00 krYou pay50.000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee 775,00 kr 1 DKK = 18.1770 ISK +0.42% vs mid-market Recipient gets 894.762,00 kr Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Iceland with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
775,00 kr1 DKK = 18.1770 ISK
894.762,00 krYou pay50.000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Profee

Pay via Debit card
Fee 0,00 kr 1 DKK = 17.8653 ISK +2.15% vs mid-market Recipient gets 893.264,87 kr Minutes - 24 hours
Multi-currency cardReceive to bank account or debit card

Ways to receive money in Iceland with Profee when paying by debit card.

MethodFee & ratesRecipient gets
Card depositMinutes - 24 hours
Free1 DKK = 17.8653 ISK
893.264,87 krYou pay50.000,00 kr

Wise

Pay via Debit card
Fee 1.281,28 kr 1 DKK = 18.2484 ISK +0.03% vs mid-market Recipient gets 889.039,00 kr Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:SWIFT
1.281,28 kr1 DKK = 18.2484 ISK
889.039,00 krYou pay50.000,00 kr

Wise

Pay via Credit card
Fee 1.428,18 kr 1 DKK = 18.2484 ISK +0.03% vs mid-market Recipient gets 886.358,00 kr Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:SWIFT
1.428,18 kr1 DKK = 18.2484 ISK
886.358,00 krYou pay50.000,00 kr
How Our Results Work
Mid-market rate: 1 DKK = 18.2539 ISK Updates every 60 minutes.

How to send money from Denmark to Iceland

Pick a company

The simplest way to start is to use the cheapest company, which is Regency FX.

Regency FX was the cheapest on 26 of the 26 days it quoted kr50,000 transfers to Iceland.

This is based on a kr50,000 transfer and will change depending on how much you send.

I suggest with your amount to get the best DKK/ISK rate today.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, debit card, and credit card.

An instant bank transfer from your Danish bank is free, up to 500,000 kroner per deposit.

Verify and send

Most companies will verify you with MitID, which takes a minute if you already use it.

Compare amounts

How much DKK are you sending to Iceland?

How much DKK you send to Iceland heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from DKK 15,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
3.000 kr0.48%21,00 kr54.116,00 krwith debit card to bank deposit+1.067,08 kr
15.000 kr0.39%180,00 kr269.383,00 krwith debit card to bank deposit+1.878,63 kr
50.000 krThis page0.27%0,00 kr910.230,47 krwith bank transfer to bank deposit+14.870,58 kr

Mid-market rate: 1 DKK = 18.2539 ISK

DKK/ISK Exchange Rate History

Is today a good time to send money from Denmark to Iceland?

The cheapest way to send DKK to ISK can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 50,000 DKK transfers to Iceland.

ISK received for 50.000 kr, after fees

Wed, 28 Oct 2026Mid-market rate912.694,75 kr Regency FX 910.230,47 krRegency FX910.230,47 krWise898.505,00 krRevolut894.762,00 kr

870.000
880.000
890.000
900.000
910.000
920.000
At the mid-market rateWith the cheapest optionRegency FXWiseRevolut
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3214 – 916.072,50 kr
Regency FX Cheapest 18.2720 0,00 kr 913.599,10 kr −2.473,40 kr
Wise 18.3269 742,16 kr 902.744,00 kr −13.328,50 kr
Revolut 18.2597 775,00 kr 898.832,00 kr −17.240,50 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3010 – 915.050,20 kr
Regency FX Cheapest 18.2516 0,00 kr 912.579,56 kr −2.470,64 kr
Revolut 18.2332 775,00 kr 897.530,00 kr −17.520,20 kr
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3284 – 916.419,35 kr
Regency FX Cheapest 18.2789 0,00 kr 913.945,02 kr −2.474,33 kr
Wise 18.3285 732,65 kr 902.997,00 kr −13.422,35 kr
Revolut 18.2604 775,00 kr 898.870,00 kr −17.549,35 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3261 – 916.304,50 kr
Regency FX Cheapest 18.2766 0,00 kr 913.830,48 kr −2.474,02 kr
Wise 18.3276 742,55 kr 902.771,00 kr −13.533,50 kr
Revolut 18.2604 775,00 kr 898.869,00 kr −17.435,50 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3558 – 917.790,55 kr
Regency FX Cheapest 18.3063 0,00 kr 915.312,52 kr −2.478,03 kr
Wise 18.3549 737,71 kr 904.204,00 kr −13.586,55 kr
Revolut 18.2394 1.275,00 kr 888.713,00 kr −29.077,55 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3558 – 917.790,55 kr
Regency FX Cheapest 18.3063 0,00 kr 915.312,52 kr −2.478,03 kr
Wise 18.3549 737,71 kr 904.204,00 kr −13.586,55 kr
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3559 – 917.796,30 kr
Regency FX Cheapest 18.3064 0,00 kr 915.318,25 kr −2.478,05 kr
Wise 18.3580 747,62 kr 904.175,00 kr −13.621,30 kr
Revolut 18.1846 775,00 kr 895.136,00 kr −22.660,30 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3301 – 916.505,50 kr
Regency FX Cheapest 18.2806 0,00 kr 914.030,94 kr −2.474,56 kr
Wise 18.3297 757,24 kr 902.605,00 kr −13.900,50 kr
Revolut 18.2635 775,00 kr 899.022,00 kr −17.483,50 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3544 – 917.718,10 kr
Regency FX Cheapest 18.3048 0,00 kr 915.240,26 kr −2.477,84 kr
Wise 18.3552 737,92 kr 904.215,00 kr −13.503,10 kr
Revolut 18.2883 775,00 kr 900.240,00 kr −17.478,10 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3308 – 916.538,40 kr
Regency FX Cheapest 18.2813 0,00 kr 914.063,75 kr −2.474,65 kr
Wise 18.3301 757,39 kr 902.622,00 kr −13.916,40 kr
Revolut 18.2636 775,00 kr 899.025,00 kr −17.513,40 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3023 – 915.114,85 kr
Regency FX Cheapest 18.2529 0,00 kr 912.644,04 kr −2.470,81 kr
Wise 18.3014 762,10 kr 901.123,00 kr −13.991,85 kr
Revolut 18.2345 775,00 kr 897.591,00 kr −17.523,85 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3063 – 915.312,70 kr
Regency FX Cheapest 18.2568 0,00 kr 912.841,36 kr −2.471,34 kr
Wise 18.3033 757,36 kr 901.303,00 kr −14.009,70 kr
Revolut 18.1870 1.275,00 kr 886.159,00 kr −29.153,70 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.3063 – 915.312,70 kr
Regency FX Cheapest 18.2568 0,00 kr 912.841,36 kr −2.471,34 kr
Revolut 18.1870 1.275,00 kr 886.159,00 kr −29.153,70 kr
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 18.3026 752,49 kr 901.357,00 kr –
Revolut 18.2358 775,00 kr 897.657,00 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2194 – 910.972,05 kr
Regency FX Cheapest 18.1702 0,00 kr 908.512,43 kr −2.459,62 kr
Revolut 18.1540 775,00 kr 893.628,00 kr −17.344,05 kr
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2477 – 912.385,80 kr
Regency FX Cheapest 18.1984 0,00 kr 909.922,36 kr −2.463,44 kr
Wise 18.2469 762,55 kr 898.431,00 kr −13.954,80 kr
Revolut 18.1831 775,00 kr 895.063,00 kr −17.322,80 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2458 – 912.290,50 kr
Regency FX Cheapest 18.1965 0,00 kr 909.827,32 kr −2.463,18 kr
Wise 18.2487 723,32 kr 899.235,00 kr −13.055,50 kr
Revolut 18.1757 775,00 kr 894.700,00 kr −17.590,50 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2274 – 911.370,60 kr
Regency FX Cheapest 18.1782 0,00 kr 908.909,90 kr −2.460,70 kr
Wise 18.2204 742,61 kr 897.489,00 kr −13.881,60 kr
Revolut 18.1622 775,00 kr 894.032,00 kr −17.338,60 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 18.2199 747,49 kr 897.376,00 kr –
Revolut 18.1029 1.275,00 kr 882.066,00 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2193 – 910.965,75 kr
Regency FX Cheapest 18.1701 0,00 kr 908.506,14 kr −2.459,61 kr
Revolut 18.1029 1.275,00 kr 882.066,00 kr −28.899,75 kr
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 18.2219 747,62 kr 897.472,00 kr –
Revolut 18.1496 775,00 kr 893.415,00 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2225 – 911.124,30 kr
Regency FX Cheapest 18.1733 0,00 kr 908.664,26 kr −2.460,04 kr
Wise No quote collected this day – – – –
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2220 – 911.099,65 kr
Regency FX Cheapest 18.1728 0,00 kr 908.639,68 kr −2.459,97 kr
Wise 18.2218 747,54 kr 897.468,00 kr −13.631,65 kr
Revolut 18.1509 775,00 kr 893.477,00 kr −17.622,65 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 18.2198 757,20 kr 897.194,00 kr –
Revolut 18.1489 775,00 kr 893.380,00 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2148 – 910.740,05 kr
Regency FX Cheapest 18.1656 0,00 kr 908.281,05 kr −2.459,00 kr
Wise 18.2215 762,26 kr 897.185,00 kr −13.555,05 kr
Revolut 18.1491 775,00 kr 893.391,00 kr −17.349,05 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2534 – 912.670,60 kr
Regency FX Cheapest 18.2041 0,00 kr 910.206,39 kr −2.464,21 kr
Wise 18.2494 718,48 kr 899.358,00 kr −13.312,60 kr
Revolut 18.1067 1.275,00 kr 882.249,00 kr −30.421,60 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2534 – 912.670,60 kr
Regency FX Cheapest 18.2041 0,00 kr 910.206,39 kr −2.464,21 kr
Wise 18.2494 718,48 kr 899.358,00 kr −13.312,60 kr
Revolut 18.1067 1.275,00 kr 882.249,00 kr −30.421,60 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2470 – 912.348,60 kr
Regency FX Cheapest 18.1977 0,00 kr 909.885,26 kr −2.463,34 kr
Revolut 18.1738 775,00 kr 894.604,00 kr −17.744,60 kr
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2458 – 912.289,00 kr
Regency FX Cheapest 18.1965 0,00 kr 909.825,82 kr −2.463,18 kr
Wise No quote collected this day – – – –
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 18.2539 – 912.694,75 kr
Regency FX Cheapest 18.2046 0,00 kr 910.230,47 kr −2.464,28 kr
Wise 18.2484 762,54 kr 898.505,00 kr −14.189,75 kr
Revolut 18.1770 775,00 kr 894.762,00 kr −17.932,75 kr

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send 50.000 kr, after fees, as quoted by each company. The mid-market line shows what 50.000 kr converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more ISK per DKK than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of ISK on every transfer from Denmark.

Right now, Regency FX pays 910,230.47 ISK on 50,000 DKK, which is 2,464.28 ISK less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 915,318.25 ISK.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Iceland.

We've tracked 62 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

  1. Regency FXAppeared in 26 comparisons

    Cheapest every time

  2. WiseAppeared in 55 comparisons

    Cheapest in 24% of them

  3. RevolutAppeared in 49 comparisons

    Cheapest in 37% of them

Based on 62 comparisons across 3 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Wise (today's second cheapest) was the cheapest in only 24% of its comparisons, so it's rarely the cheapest option for transfers to Iceland.

Ways to send money from Denmark to Iceland

4 companies send money from Denmark to Iceland, across app, online, multi-currency account, global account, and broker.

For sending a few thousand kroner

Online transfers

Online transfer services like Wise work well when you need to make a one-off payment.

A kr50,000 transfer with Wise gets you 898,505 ISK. This includes a kr762.54 fee and a 0.03% exchange-rate markup.

In our comparisons over the past month, it was the cheapest online service on 23 of the 23 days it quoted.

For small and frequent transfers

Money transfer apps

MobilePay works for Nordic payments, but for transfers to Iceland a money transfer app like Wise gives you much better rates.

Wise charges DKK 762.54 to send kr50,000, with delivery in within a week.

Over the past month, Wise was the cheapest app on 100% of the days it appeared for kr50,000 transfers.

Apps work well for small and frequent transfers, like paying bills, sending money home, and similar.

For cross-border workers

Multi-currency accounts

If you live or work across Denmark and Iceland, you may need to use DKK and ISK.

A multi-currency account lets you keep both balances in one account.

With Wise, converting DKK 50,000 comes with a 0.03% exchange-rate markup.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

This works best for regular spending abroad, travelling, and receiving payments.

For cross-border invoices

Global accounts

Global accounts suit Danish businesses paying suppliers or contractors in Iceland. You can also receive and hold ISK without opening a local business account.

Airwallex and Wise Business offer business multi-currency accounts and tools for recurring business payments.

Ways to fund DKK and receive ISK in Iceland

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 50,000 DKK gives your recipient 910,230.47 ISK.

To pay for your transfer in Denmark, you can use bank transfer, debit card, debit card, and credit card.

You can pay for the transfer using your Danish bank

Send DKK by bank transfer using the account and reference in your quote.

In Iceland, you can receive ISK by bank deposit and card deposit.

For them to get money straight to their bank account, enter the recipient's IBAN in Iceland and account-holder name.

  1. 1
    Bank transfer Bank deposit

    You pay kr50,000.00

    kr910,230

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay kr50,000.00

    kr894,762

    -kr15,468

  3. 3
    Debit card Card deposit

    You pay kr50,000.00

    kr893,265

    -kr16,966

  4. 4
    Credit card Bank deposit

    You pay kr50,000.00

    kr886,358

    -kr23,872

Things to know before sending DKK to Iceland

Denmark does not use the euro, so every DKK transfer includes a currency conversion. The rate matters even when the payment starts from a Danish IBAN.

Best DKK/ISK transfer options

Cheapest way to send money to Iceland

For a kr50,000 transfer, Regency FX is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 910,230.47 ISK, which is 1.29% more than the next best option.

Fastest way to send money to Iceland

Revolut sends 894,762 ISK in within minutes when you pay by debit card and use bank deposit for the payout.

MobilePay is not international

MobilePay works for domestic payments and supported Nordic transfers.

You may be able to use it to pay for the transfers online, just like when depositing with any Danish bank account.

Family gifts have an annual allowance

Denmark does not tax the act of sending money abroad, but a gift can create Danish gift tax.

In 2026, most close relatives can receive up to DKK 80,600 from one donor without gift tax.

The general tax above the allowance is 15%.

Spouses are normally exempt, while different rules apply to other relationships.

The allowance also applies when the recipient lives outside Denmark.

For more info, Skattestyrelsen lists the 2026 allowances and rates.

How we analyse the market

We track 4 companies sending DKK to Iceland, registered with Finanstilsynet or passported in, and refreshed in real time on live searches.

Your money starts in kroner, so every transfer converts currency and the rate is what we lead on, alongside fees and the pay-in and payout options.

In the past 30 days alone, we analysed 62 comparisons across 3 amounts.

This page covers the cheapest and fastest options for DKK/ISK transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.