How to send money to Spain from Iceland with the best ISK-EUR rate
Compare the best deals on transfers from Iceland to Spain. Explore the cheapest, fastest, and most reliable providers with the best ISK to EUR exchange rates.
Read on for the insights and in-depth analysis, and all you need to send money to Spain from Iceland.
"Card-to-card transfers can be received in just two minutes."
"Card-to-card transfers can be received in just two minutes."
Overall top choice: Revolut
Of the 2 money transfer providers we tested and reviewed, Revolut was a standout option for its combination of speed and cost.
Sending 250,000 ISK to EUR will cost you kr0 in fees, and you will receive 1,690.36 EUR.
When sending money from Iceland to Spain, using Revolut in a great option.
How to to send from Iceland to Spain in the best way
Always compare rates
Money transfers to Spain should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Iceland to Spain.
Choose a provider
Select the provider that offers you the best value on your Iceland Krona & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Spain.
Summary of recent searches
Considerations to make when sending money from Iceland to Spain
Comparing the different providers offering services between Iceland and Spain, is the best way to send money with confidence.
The 2 providers we've compared ensures you will get the best options for your transfer to Spain from Iceland. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Revolut as the best overall, comparing gives you a comprehensive view of all the options for transferring Iceland Krona to Spain.
Cheapest way to send money to Spain from Iceland: Revolut
The cost is a combination of a fee of 0 ISK and an exchange rate for converting Iceland Krona to Euro that is 0.2% different to the mid-market rate.
We found that Revolut is 1.31% cheaper than the second-best option.
We would recommend Revolut for low cost, affordable transfers from Euros to Spain.
Fastest way to send money to Spain from Iceland: Profee.
If you send kr250,000 with Profee to Spain, the transfer time is minutes - 24 hours. This is currently the fastest option, but can vary depending on how much ISK you send to Spain.
Sending money from Iceland to Spain through Profee has a fee of 0 ISK.
To find the fastest company, we compared 2 money transfer providers for the overall speed of sending money from Iceland to Spain. This was made up of depositing Iceland Krona to a money transfer account and transfer times to Spain.
When looking for the fastest money transfer, Profee is our best choice for sending into Spain from Iceland.
Transfer a large amount of money
Revolut is the strongest option for large transfers of the 2 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Iceland to Spain can become expensive through your bank or with the wrong provider.
Our data shows Revolut as the best choice for sending large sums of money to Spain from Iceland.
Understanding the cost of sending money from Iceland to Spain
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Iceland to Spain.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Euro for your Iceland Krona. The current ISK-EUR mid-market rate is 0.0068 EUR per Iceland Krona.
This rate changes regularly so it can pay to track it. For comparison, the ISK-EUR mid-market rate for the past 7 days has averaged 0.0067 EUR per Iceland Krona, with a low of 0.0067 and a high of 0.0068.
Revolut is currently offering the best exchange rate from the 2 companies compared.
Often the ISK-EUR exchange rate you pay is the biggest cost factor when transferring Iceland Kronas to Spain.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Iceland Krona you’re sending to Spain. Revolut currently has the lowest fees for transfers into EUR of just 0 ISK. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Euro is the biggest indicator of the total cost of sending money to Spain from Iceland. The bigger the amount received in Spain, the lower the overall cost of sending from Iceland.
The best exchange rate for Iceland Krona to Euro transfers
When sending money between ISK and EUR getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much EUR you get for your ISK.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
In the past week, the mid-market rate from ISK to EUR has been 0.0067.
During this period, there was a high of 0.0068, and 0.0067 being the lowest point.
Revolut, which is our recommended service to send money online from Iceland to Spain offers an exchange rate with a 0.2% markup against the mid-market rate.
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Payment methods for Iceland to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Iceland to Spain.
By opting for a money transfer company such as Revolut for transfers from Iceland to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Revolut is the cheapest provider for bank transfers from the 2 we tested when sending ISK to Spain.
With a fee of ISK0 to send money from Iceland to Spain, Revolut offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Iceland to Spain is easy with Profee.
Profee is a market leader in debit card payments for transfers from Iceland to Spain, this is among a total of 2 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from Iceland to Spain, we to get the best deal as not many companies offer direct credit card deposits.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Iceland.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Iceland to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ISK to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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