Convert Turkish Lira to Icelandic Krona
Convert Turkish Lira (TRY) to Icelandic Krona (ISK) using daily updated exchange rates.
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About Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey and Turkish Northern Cyprus. Turkey redenominated in 2005, replacing the old Turkish lira at a rate of 1,000,000 to 1 to eliminate the impact of decades of high inflation. The Central Bank of the Republic of Turkey (TCMB) manages monetary policy. Turkey has experienced acute currency crises and high inflation periodically, with significant depreciations in 2018, 2021, and after the earthquake of 2023.
About Icelandic Krona
The Icelandic Krona (ISK) is the official currency of Iceland, one of the world's most sparsely populated countries but with a high standard of living. The krona has been subject to notable turbulence - during the 2008 global financial crisis, Iceland's banking system collapsed spectacularly and the krona lost about half its value virtually overnight, requiring capital controls that remained in place until 2017. The Central Bank of Iceland manages monetary policy. Iceland's economy is based on fishing, aluminium smelting, geothermal energy, and increasingly tourism.
Quick Reference Table
| Turkish Lira (TRY) | Icelandic Krona (ISK) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).