Philippine Peso to Icelandic Króna
Converter

Convert Philippine Peso to Icelandic Króna using today's official exchange rate from the European Central Bank.

1 PHP = 1.99 ISK
1 ISK = 0.5020 PHP
Source: European Central Bank · Rate date: 2026-05-15

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90-Day Philippine Peso to Icelandic Króna History

Daily ECB reference rates over the last 90 days. Updates skip weekends and ECB holidays.

Common Philippine Peso to Icelandic Króna amounts

PHP ISK
1 PHP 1.99 ISK
5 PHP 9.96 ISK
10 PHP 19.92 ISK
25 PHP 49.8 ISK
50 PHP 99.61 ISK
100 PHP 199.21 ISK
500 PHP 996.05 ISK
1,000 PHP 1,992.1 ISK
5,000 PHP 9,960.5 ISK
10,000 PHP 19,921 ISK

About the Philippine Peso

The Philippine Peso (symbol: ₱; code: PHP) is the official currency of the Philippines, issued by the Bangko Sentral ng Pilipinas. Each peso is divided into 100 sentimos. Overseas Filipino remittances account for nearly 10% of the country's GDP, making peso conversion rates a daily concern for millions of Filipinos working abroad. The peso is one of the most actively converted currencies for personal money transfers.

About the Icelandic Króna

The Icelandic Króna (symbol: kr; code: ISK) is the official currency of Iceland, issued by the Central Bank of Iceland. Famous for its dramatic collapse during the 2008 financial crisis, the króna has since stabilized. Iceland's small, export-driven economy — particularly fishing, aluminum, and tourism — makes the króna one of the most volatile small-nation currencies in Europe.

Frequently Asked Questions

How is this exchange rate calculated?

This conversion uses the European Central Bank reference rate, which is published once per business day at around 16:00 CET (Frankfurt time). The ECB calculates these rates from interbank market quotes provided by major banks. Reference rates are intended for information and statistical purposes — they are not commercial rates at which currencies can actually be bought or sold.

Will I get this exact rate from my bank?

No. The ECB reference rate is a benchmark used by economists, regulators, and accountants — not a retail rate. Banks, currency exchange services, and credit cards typically add a markup of 1 to 4 percent on top of the reference rate, plus possible fixed transaction fees. To know the actual rate you would pay, check directly with your bank or money transfer service before exchanging.

How often is this rate updated?

The European Central Bank updates exchange rates once per business day, around 16:00 CET. Rates are not updated on weekends or eurozone bank holidays — during these periods the most recent business-day rate remains in effect. We refresh our cached rate every six hours to balance accuracy with performance.

Why does the Philippine Peso to Icelandic Króna exchange rate change?

Exchange rates fluctuate based on many factors, including interest rate decisions by the Bangko Sentral ng Pilipinas and the Central Bank of Iceland, inflation differences between the Philippines and Iceland, trade balances, capital flows, and geopolitical events affecting market sentiment. Even small differences in expected economic conditions can move rates significantly over short periods.

Can I convert other currencies?

Yes. We support 15 major currencies for conversion: USD, EUR, GBP, JPY, CHF, CAD, AUD, CNY, INR, MXN, BRL, KRW, SGD, NZD, and SEK. Use the swap button above to flip the direction of this conversion, or open any other supported currency pair directly.

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