How can I buy cheap Krona?
How can I buy cheap Krona?
Author
Discussion

windandwave

Original Poster:

196 posts

273 months

Friday 24th October 2008
quotequote all
Now that the Icelandic economy has well and truly crashed, now might be a good time to visit. In fact (given how expensive everything is over there) now might be the only time I can afford to visit. But despite media reports that the Krona has plummetted, when I look at online exchange rates it seems that the rate quoted is still close to what it was pre-crisis. Is this their central bank setting an artificial exchange rate reminiscent of communist governments? And if it is, is there any way of buying the ISK at a more sane rate?

mechsympathy

58,719 posts

285 months

Friday 24th October 2008
quotequote all
In most places where people are craving hard currency turning up with handfuls of cash and making discreet enquiries with hotel doormen seems to work.