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FRXETH to ISK Converter and calculator

FRXETH/ISK: 1 FRXETH = 233,379.43 ISK. The price of converting 1 Frax Finance - Frax Ether (FRXETH) to Icelandic Króna (ISK) is 233,379.43 ISK today.
FRXETH
FRXETH
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FRXETH to ISK real-time exchange rates, making it easy to convert Frax Finance - Frax Ether (FRXETH) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 FRXETH is currently valued at 233379.43 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FRXETH is currently valued at 233379.43 ISK, which means buying 5 FRXETH would cost 1166897.15 ISK. Similarly, kr1 ISK can be converted to 0.{5}4285 FRXETH, and kr50 ISK can be converted to 0.{4}2142 FRXETH, excluding any platform or gas fees.

Convert FRXETH to ISK

Convert ISK to FRXETH

Frax Finance - Frax Ether
Icelandic Króna
1 FRXETH
233,379.43  ISK
2 FRXETH
466,758.86  ISK
5 FRXETH
1,166,897.15  ISK
10 FRXETH
2,333,794.31  ISK
20 FRXETH
4,667,588.61  ISK
50 FRXETH
11,668,971.53  ISK
100 FRXETH
23,337,943.06  ISK
200 FRXETH
46,675,886.12  ISK
500 FRXETH
116,689,715.31  ISK
1000 FRXETH
233,379,430.62  ISK
5000 FRXETH
1,166,897,153.1  ISK
10000 FRXETH
2,333,794,306.19  ISK
In the table above, you'll find a comprehensive FRXETH to ISK converter that shows the value of Frax Finance - Frax Ether in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 FRXETH to ISK, all the way up to 10000 FRXETH, providing a clear view of their respective values.
Icelandic Króna
Frax Finance - Frax Ether
10 ISK
0.{4}4285 FRXETH
50 ISK
0.0002142 FRXETH
100 ISK
0.0004285 FRXETH
200 ISK
0.0008570 FRXETH
500 ISK
0.002142 FRXETH
1000 ISK
0.004285 FRXETH
2000 ISK
0.008570 FRXETH
5000 ISK
0.02142 FRXETH
10000 ISK
0.04285 FRXETH
50000 ISK
0.2142 FRXETH
100000 ISK
0.4285 FRXETH
In the table above, you'll find a comprehensive ISK to FRXETH converter that shows the value of Icelandic Króna in Frax Finance - Frax Ether across commonly used conversion amounts. The list covers conversions from 1 ISK to FRXETH, all the way up to 100000 ISK, providing a clear view of their respective values.

FRXETH to ISK chart

FRXETH/ISK: 1 FRXETH = 233,379.43 ISK; 2025/05/01 05:52:29
In the past 1D, Frax Finance - Frax Ether has changed +0.20% to ISK. Based on the trend and price charts, Frax Finance - Frax Ether(FRXETH) has changed +0.20% to ISK while Icelandic Króna(ISK) has changed % to FRXETH in the last 24 hours.
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FRXETH to ISK conversion data: Volatility and price changes of Frax Finance - Frax Ether in ISK

The highest Frax Finance - Frax Ether price in ISK over the past 7 days was 237,096.96 ISK while the lowest Frax Finance - Frax Ether price in ISK over the past 7 days was 224,115.56 ISK. The relative change between the highs and lows in Frax Finance - Frax Ether price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and FRXETH to ISK prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
233,797.86 ISK
237,096.96 ISK
249,696.9 ISK
437,677.07 ISK
Low
225,571.39 ISK
224,115.56 ISK
178,890.31 ISK
178,890.31 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
+0.20%
+2.52%
-1.92%
-44.02%

Frax Finance - Frax Ether information

FRXETH to ISK market statistics

FRXETH/ISK:
kr233,379.43
FRXETH 24h volume:
kr57,758,844.59
FRXETH market cap:
--
FRXETH circulating supply:
0 FRXETH

Current FRXETH to ISK exchange rate

Frax Finance - Frax Ether to Icelandic Króna is rising this week.
Frax Finance - Frax Ether's current market price is kr233,379.43 per FRXETH, with a total market cap of kr0 ISK based on a circulating supply of -- FRXETH. The trading volume of Frax Finance - Frax Ether has changed by +437.39% (kr47,010,837.44 ISK) in the last 24 hours. Last trading day, FRXETH's trading volume was kr10,748,007.15.

More info about Frax Finance - Frax Ether 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 Frax Finance - Frax Ether currency pair is the FRXETH to ISK, with for Frax Finance - Frax Ether's currency code being FRXETH. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ISK.

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How to convert FRXETH to ISK

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1 FRXETH to kr233,379.43 ISK
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FRXETH to ISK Conversion tables

The exchange rate of Frax Finance - Frax Ether is decreasing.
The exchange rate of 1 FRXETH to Icelandic Króna has changed by +2.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.20%, reaching a high of 233,797.86 ISK and a low of 225,571.39 ISK . One month ago, the value of 1 FRXETH was kr237,950.08 ISK , which represents a -1.92% change from its current value. Over the last year, Frax Finance - Frax Ether has changed by
-kr
151,526.48ISK
, resulting in a change of -39.37% in its value.
24 hours ago1 month ago1 year ago
Amount05:52 am today24 hours ago24h change
0.5 FRXETHkr116,689.72kr116,451.92
+0.20%
1 FRXETHkr233,379.43kr232,903.83
+0.20%
5 FRXETHkr1,166,897.15kr1,164,519.17
+0.20%
10 FRXETHkr2,333,794.31kr2,329,038.33
+0.20%
50 FRXETHkr11,668,971.53kr11,645,191.67
+0.20%
100 FRXETHkr23,337,943.06kr23,290,383.35
+0.20%
500 FRXETHkr116,689,715.31kr116,451,916.74
+0.20%
1000 FRXETHkr233,379,430.62kr232,903,833.48
+0.20%

FRXETH to ISK FAQ

How much is 1 Frax Finance - Frax Ether in ISK?
Right now, the price of 1 Frax Finance - Frax Ether (FRXETH) in Icelandic Króna (ISK) is kr233,379.43.
How much FRXETH can I buy for 1 ISK?
Based on the current exchange rate, you can get 0.{5}4285 FRXETH for 1 ISK.
How do I calculate or convert FRXETH to ISK?
You can use our FRXETH to ISK calculator at the top of this page to convert any amount of FRXETH to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 0.{4}2142 FRXETH, while 5 FRXETH will cost around 1,166,897.15ISK.
What is the highest price of FRXETH/ISK in history?
The all-time high price of 1 FRXETH in ISK is kr525,925.58. It remains to be seen if the value of 1 FRXETH/ISK will exceed the current all-time high.
What is the price trend of Frax Finance - Frax Ether in ISK?
Over the past 7 days, the exchange rate of Frax Finance - Frax Ether (FRXETH) has gone up by 2.52%.   Over the last month, the exchange rate of Frax Finance - Frax Ether (FRXETH) has gone down by 1.92% against Icelandic Króna (ISK).

What factors influence the conversion rate of FRXETH to ISK?

There are many factors that affect the relationship between Frax Finance - Frax Ether 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 FRXETH/ISK. When there is positive news in the market about the widespread adoption of FRXETH or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FRXETH/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FRXETH/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 FRXETH/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 Frax Finance - Frax Ether and adjust their investment strategies accordingly in the evolving market.

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