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NGM to ISK Converter and calculator

NGM/ISK: 1 NGM = 1.92 ISK. The price of converting 1 e-Money (NGM) to Icelandic Króna (ISK) is 1.92 ISK today.
NGM
NGM
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NGM to ISK real-time exchange rates, making it easy to convert e-Money (NGM) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 NGM is currently valued at 1.92 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NGM is currently valued at 1.92 ISK, which means buying 5 NGM would cost 9.62 ISK. Similarly, kr1 ISK can be converted to 0.5197 NGM, and kr50 ISK can be converted to 2.6 NGM, excluding any platform or gas fees.

Convert NGM to ISK

Convert ISK to NGM

e-Money
Icelandic Króna
1 NGM
1.92  ISK
Exchange 1 NGM for 1.92 ISK
2 NGM
3.85  ISK
Exchange 2 NGM for 3.85 ISK
5 NGM
9.62  ISK
Exchange 5 NGM for 9.62 ISK
10 NGM
19.24  ISK
Exchange 10 NGM for 19.24 ISK
20 NGM
38.49  ISK
Exchange 20 NGM for 38.49 ISK
50 NGM
96.21  ISK
Exchange 50 NGM for 96.21 ISK
100 NGM
192.43  ISK
Exchange 100 NGM for 192.43 ISK
200 NGM
384.86  ISK
Exchange 200 NGM for 384.86 ISK
500 NGM
962.14  ISK
Exchange 500 NGM for 962.14 ISK
1000 NGM
1,924.28  ISK
Exchange 1000 NGM for 1,924.28 ISK
5000 NGM
9,621.42  ISK
Exchange 5000 NGM for 9,621.42 ISK
10000 NGM
19,242.84  ISK
Exchange 10000 NGM for 19,242.84 ISK
In the table above, you'll find a comprehensive NGM to ISK converter that shows the value of e-Money in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 NGM to ISK, all the way up to 10000 NGM, providing a clear view of their respective values.
Icelandic Króna
e-Money
1 ISK
0.5197 NGM
Exchange 1 ISK for 0.5197 NGM
10 ISK
5.2 NGM
Exchange 10 ISK for 5.2 NGM
50 ISK
25.98 NGM
Exchange 50 ISK for 25.98 NGM
100 ISK
51.97 NGM
Exchange 100 ISK for 51.97 NGM
200 ISK
103.93 NGM
Exchange 200 ISK for 103.93 NGM
500 ISK
259.84 NGM
Exchange 500 ISK for 259.84 NGM
1000 ISK
519.67 NGM
Exchange 1000 ISK for 519.67 NGM
2000 ISK
1,039.35 NGM
Exchange 2000 ISK for 1,039.35 NGM
5000 ISK
2,598.37 NGM
Exchange 5000 ISK for 2,598.37 NGM
10000 ISK
5,196.74 NGM
Exchange 10000 ISK for 5,196.74 NGM
50000 ISK
25,983.69 NGM
Exchange 50000 ISK for 25,983.69 NGM
100000 ISK
51,967.39 NGM
Exchange 100000 ISK for 51,967.39 NGM
In the table above, you'll find a comprehensive ISK to NGM converter that shows the value of Icelandic Króna in e-Money across commonly used conversion amounts. The list covers conversions from 1 ISK to NGM, all the way up to 100000 ISK, providing a clear view of their respective values.

NGM to ISK chart

NGM/ISK: 1 NGM = 1.92 ISK; 2025/08/03 07:12:59
In the past 1D, e-Money has changed +2.67% to ISK. Based on the trend and price charts, e-Money(NGM) has changed +2.67% to ISK while Icelandic Króna(ISK) has changed % to NGM in the last 24 hours.
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NGM to ISK conversion data: Volatility and price changes of e-Money in ISK

The highest e-Money price in ISK over the past 7 days was 2.83 ISK while the lowest e-Money price in ISK over the past 7 days was 2.42 ISK. The relative change between the highs and lows in e-Money price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and NGM to ISK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
2.74 ISK
2.83 ISK
2.85 ISK
2.85 ISK
Low
2.59 ISK
2.42 ISK
1.53 ISK
1.17 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
+2.67%
-4.22%
+57.72%
+80.53%

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e-Money information

NGM to ISK market statistics

NGM/ISK:
kr1.92
NGM 24h volume:
kr5,197.18
NGM market cap:
kr38,024,399.01
NGM circulating supply:
19.76M NGM

Current NGM to ISK exchange rate

e-Money to Icelandic Króna is falling this week.
e-Money's current market price is kr1.92 per NGM, with a total market cap of kr38,024,399.01 ISK based on a circulating supply of 19,760,286 NGM. The trading volume of e-Money has changed by +19.45% (kr846.25 ISK) in the last 24 hours. Last trading day, NGM's trading volume was kr4,350.92.

More info about e-Money on Bitget

Icelandic Króna information

About the Icelandic Króna (ISK)

What Is the Icelandic Króna (ISK)?

The Icelandic Króna, abbreviated as ISK and often denoted by the currency sign “kr”, is the official currency of Iceland. The Icelandic Króna is a unique currency, given that Iceland is one of the smallest countries by population to have its own currency and monetary policy. The Icelandic Króna is the sole legal tender in Iceland, and it is used for all transactions within the country.

The Iceland Krona is issued by the Central Bank of Iceland (Seðlabanki Íslands). The Central Bank is responsible for the production and distribution of the currency, as well as for managing Iceland's monetary policy and maintaining the stability of the króna.

What Is the History of ISK?

The króna's roots trace back to the Scandinavian Monetary Union, drawing its name from the Latin word 'corona' meaning 'crown'. Initially, Iceland used the Danish krone, but started issuing its own banknotes in 1885. The Icelandic króna became distinct from the Danish krone after World War I and Icelandic sovereignty in 1918. Due to high inflation, the króna was revalued in 1981, with 100 old króna (ISJ) equating to 1 new króna (ISK).

Notes and Coins of ISK

The Icelandic Króna (ISK) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 1 króna, 5 krónur, 10 krónur, 50 krónur, and 100 krónur. The Central Bank of Iceland issues notes in denominations of 500 krónur, 1000 krónur, 2000 krónur, 5000 krónur, and the highest value of 10,000 krónur.

Is ISK a Stable Currency?

The Icelandic Króna (ISK) has historically been subject to considerable volatility, reflecting the challenges of maintaining currency stability in a small, open economy. Particularly impacted by the 2008 financial crisis, the króna saw a dramatic devaluation, with the exchange rate plummeting from about 90 króna to the euro at the start of 2008 to around 340 króna to the euro by the end of the year. This instability was a direct consequence of the collapse of Iceland's banking sector, which underscored the currency's vulnerability to global economic shifts. Moreover, the króna's value against major currencies like the US Dollar has also been prone to significant fluctuations. For instance, in the first half of 2006, the exchange rate ranged between 50 and 80 króna per US Dollar, but by late 2008, it had depreciated to approximately 135 króna per Dollar. These examples highlight the challenges faced by the Central Bank of Iceland in stabilizing a currency heavily influenced by external economic factors and the dynamics of Iceland's tourism and fisheries-dependent economy.

Is ISK Pegged to EUR?

No, the Iceland Krona (ISK) is not pegged to the Euro. Iceland maintains its own independent currency and monetary policy through the Central Bank of Iceland (Seðlabanki Íslands). The value of the Icelandic króna is determined by the foreign exchange market, meaning it is subject to fluctuations based on market dynamics, rather than being fixed or pegged to the Euro or any other currency.

Will Iceland Adopt the Euro as Its Currency?

As of January 2024, Iceland had not made any definitive plans to adopt the Euro as its official currency. The consideration of adopting the Euro is intertwined with the broader issue of European Union (EU) membership, which Iceland has approached with caution. Following the severe impact of the 2008 financial crisis on the Icelandic economy and the Icelandic Króna (ISK), there was increased discussion about the potential benefits of Euro adoption, such as enhanced economic stability and reduced currency volatility. However, such a move would require Iceland to cede control over its monetary policy to the European Central Bank, a significant concession for a country that values its economic sovereignty. Additionally, public opinion in Iceland has been divided on this issue, reflecting concerns about national independence and the implications for key sectors like fisheries.

Bitget crypto-to-fiat exchange data shows that the most popular e-Money currency pair is the NGM to ISK, with for e-Money's currency code being NGM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ISK.

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How to convert NGM to ISK

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NGM to ISK Conversion tables

The exchange rate of e-Money is increasing.
The exchange rate of 1 NGM to Icelandic Króna has changed by -4.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.67%, reaching a high of 2.74 ISK and a low of 2.59 ISK . One month ago, the value of 1 NGM was kr0.9500 ISK , which represents a +57.72% change from its current value. Over the last year, e-Money has changed by
+kr
2.18ISK
, resulting in a change of +446.61% in its value.
24 hours ago1 month ago1 year ago
Amount 07:12 am today 24 hours ago 24h change
0.5 NGM
kr0.9621kr0.9275
+2.67%
1 NGM
kr1.92kr1.85
+2.67%
5 NGM
kr9.62kr9.27
+2.67%
10 NGM
kr19.24kr18.55
+2.67%
50 NGM
kr96.21kr92.75
+2.67%
100 NGM
kr192.43kr185.5
+2.67%
500 NGM
kr962.14kr927.49
+2.67%
1000 NGM
kr1,924.28kr1,854.99
+2.67%

NGM to ISK FAQ

How much is 1 e-Money in ISK?
Right now, the price of 1 e-Money (NGM) in Icelandic Króna (ISK) is kr1.92.
How much NGM can I buy for 1 ISK?
Based on the current exchange rate, you can get 0.5197 NGM for 1 ISK.
How do I calculate or convert NGM to ISK?
You can use our NGM to ISK calculator at the top of this page to convert any amount of NGM to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 2.6 NGM, while 5 NGM will cost around 9.62ISK.
What is the highest price of NGM/ISK in history?
The all-time high price of 1 NGM in ISK is kr340.48. It remains to be seen if the value of 1 NGM/ISK will exceed the current all-time high.
What is the price trend of e-Money in ISK?
Over the past 7 days, the exchange rate of e-Money (NGM) has gone down by 4.22%.   Over the last month, the exchange rate of e-Money (NGM) has gone up by 57.72% against Icelandic Króna (ISK).

What factors influence the conversion rate of NGM to ISK?

There are many factors that affect the relationship between e-Money and Icelandic Króna, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of NGM/ISK. When there is positive news in the market about the widespread adoption of NGM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NGM/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NGM/ISK.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of NGM/ISK. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of e-Money and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular e-Money currency pairs: NGM to US Dollar (USD), NGM to Euro (EUR), NGM to Pound Sterling (GBP), NGM to Canadian Dollar (CAD), NGM to Indian Rupee (INR), NGM to Pakistani Rupee (PKR), NGM to Brazilian Real (BRL), NGM to…
The price of e-Money in the US is $0.01564 USD. Additionally, e-Money’s price is €0.01349 EUR in the eurozone, £0.01177 GBP in the UK, C$0.02159 CAD in Canada, ₹1.36 INR in India, ₨4.43 PKR in Pakistan, R$0.08668 BRL in Brazil, and more.
The most popular e-Money currency pair is the NGM to Icelandic Króna(ISK). The price of 1 e-Money (NGM) in Icelandic Króna (ISK) is kr1.92.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.