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Bittensor to Icelandic Króna Converter and calculator

Convert 1Bittensor (TAO) to Icelandic Króna (ISK) equals kr 40,128.84 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Bittensor(TAO) to Icelandic Króna(ISK). This is the real-time data. The current conversion shows 1 TAO at a value of 1 TAO for 40,128.84 ISK . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

ISK 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.

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

TAO to ISK conversion rate trend

1D7D1M3M1YAll
In the past 1D, Bittensor has changed -3.11% to ISK. Based on the trend and price charts, Bittensor(TAO) has changed -3.11% to ISK while Icelandic Króna(ISK) has changed % to TAO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
kr39,998.04
0.0200% / 0.0320%vip-iconVIP 7
Binance
kr40,007.8
0.1000% / 0.1000%
Yes
Gate.io
kr39,882.34
0.1000% / 0.1000%
Yes
KuCoin
kr40,011.98
0.1000% / 0.1000%
Yes
Last updated 2024/06/22 02:00:25(UTC+0)

How to buy Bittensor

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Bittensor (TAO)
Use a variety of payment options to buy Bittensor on Bitget. We'll show you how.

Buy TAO (or USDT) for ISK (Icelandic Króna) offers

Bitget P2P trading does not currently support direct buying of TAO with ISK. However, you can buy USDT in Bitget P2P trading first, and then buy TAO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
金边安欣币行Verified Merchant
364 tradesCompletion rate 98.00%
1.01 USD
Amount825 USDT
Limit10 - 825 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
P
Ponreay_FXVerified Merchant
165 tradesCompletion rate 98.00%
1.01 USD
Amount1062.87 USDT
Limit10 - 1073.498 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
m
mundocriptoVerified Merchant
27 tradesCompletion rate 90.00%
1.018 USD
Amount410.18 USDT
Limit10 - 200 USD
Volet.com(Formerly Advcash)
Buy
I
Itzsheikhs Verified Merchant
217 tradesCompletion rate 99.00%
1.029 USD
Amount3727.47 USDT
Limit300 - 3835 USD
Wise
Buy
R
RechargeVerified Merchant
42 tradesCompletion rate 84.00%
1.039 USD
Amount131.7 USDT
Limit10 - 140 USD
Perfect MoneyVolet.com(Formerly Advcash)Air TM
Buy

Sell TAO (or USDT) for ISK (Icelandic Króna) offers

Bitget P2P trading currently does not support direct selling of TAO to ISK. However, you can first exchange TAO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
L
Lucas Carbal Trades Verified Merchant
25 tradesCompletion rate 86.00%
1.21 USD
Amount43100.86 USDT
Limit1000 - 46740 USD
Bank TransferBank of GeorgiaVolet.com(Formerly Advcash)RevolutZen
Sell
M
MILENA DOS SANTOSVerified Merchant
7 tradesCompletion rate 100.00%
1.2 USD
Amount39000 USDT
Limit2500 - 38000 USD
Bank Transfer
Sell
c
cR7_traderVerified Merchant
9 tradesCompletion rate 82.00%
1.1 USD
Amount4993.23 USDT
Limit100 - 5000 USD
WebMoney
Sell
D
DimTradeVerified Merchant
0 tradesCompletion rate 0.00%
1.1 USD
Amount4502.79 USDT
Limit100 - 1000 USD
WebMoney
Sell
T
TimalizalaysVerified Merchant
16 tradesCompletion rate 70.00%
1.03 USD
Amount50000 USDT
Limit2000 - 50000 USD
Cashapp
Sell

What factors influence the conversion rate of Bittensor to Icelandic Króna?

Bittensor to Icelandic Króna is falling this week.
Bittensor's current market price is kr 40,128.84 per TAO, with a total market cap of kr 279,535,733,280.24 ISK based on a circulating supply of 6,965,956 TAO. The trading volume of Bittensor has changed by -3.08% (kr -167,194,260.88 ISK) in the last 24 hours. Last trading day, TAO's trading volume was kr 5,430,677,262.56.
Market cap
$2.01B
24h volume
$37.76M
Circulating supply
6.97M TAO

Conversion tables

The exchange rate of Bittensor is decreasing.
1 TAO is currently valued at kr 40,128.84 ISK , which means buying 5 TAO will cost kr 200,644.21 ISK . Similarly, kr1 ISK can be traded for 0.{4}2492 TAO, and kr50 ISK can be converted to 0.001246 TAO, excluding any platform or gas fees.
The exchange rate of 1 TAO to Icelandic Króna has changed by -4.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.11%, reaching a high of 41,950.82 ISK and a low of 39,264.82 ISK . One month ago, the value of 1 TAO was kr 62,856.38 ISK , which represents a -36.11% change from its current value. Over the last year, Bittensor has changed by
+kr
4,836.18ISK
, resulting in a change of +436.34% in its value.

TAO to ISK

Amount
02:56 am today
0.5 TAO
kr20,064.42
1 TAO
kr40,128.84
5 TAO
kr200,644.21
10 TAO
kr401,288.41
50 TAO
kr2,006,442.05
100 TAO
kr4,012,884.1
500 TAO
kr20,064,420.51
1000 TAO
kr40,128,841.02

ISK to TAO

Amount02:56 am today
0.5ISK0.{4}1246  TAO
1ISK0.{4}2492  TAO
5ISK0.0001246  TAO
10ISK0.0002492  TAO
50ISK0.001246  TAO
100ISK0.002492  TAO
500ISK0.01246  TAO
1000ISK0.02492  TAO
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Today vs. 24 hours ago

Amount02:56 am today24 hours ago24h change
0.5 TAO$143.93$148.56
-3.11%
1 TAO$287.87$297.12
-3.11%
5 TAO$1,439.34$1,485.61
-3.11%
10 TAO$2,878.68$2,971.21
-3.11%
50 TAO$14,393.41$14,856.05
-3.11%
100 TAO$28,786.83$29,712.11
-3.11%
500 TAO$143,934.15$148,560.53
-3.11%
1000 TAO$287,868.3$297,121.06
-3.11%

Today vs. 1 month ago

Amount02:56 am today1 month ago1M change
0.5 TAO$143.93$225.45
-36.11%
1 TAO$287.87$450.91
-36.11%
5 TAO$1,439.34$2,254.53
-36.11%
10 TAO$2,878.68$4,509.07
-36.11%
50 TAO$14,393.41$22,545.33
-36.11%
100 TAO$28,786.83$45,090.66
-36.11%
500 TAO$143,934.15$225,453.31
-36.11%
1000 TAO$287,868.3$450,906.62
-36.11%
Buy Bittensor for 1 ISK
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount02:56 am today1 year ago1Y change
0.5 TAO$143.93$26.59
+436.34%
1 TAO$287.87$53.18
+436.34%
5 TAO$1,439.34$265.88
+436.34%
10 TAO$2,878.68$531.75
+436.34%
50 TAO$14,393.41$2,658.77
+436.34%
100 TAO$28,786.83$5,317.54
+436.34%
500 TAO$143,934.15$26,587.72
+436.34%
1000 TAO$287,868.3$53,175.45
+436.34%

Bittensor price prediction

What will the price of TAO be in 2025?

Based on TAO's historical price performance prediction model, the price of TAO is projected to reach $371.95 in 2025.

What will the price of TAO be in 2030?

In 2030, the TAO price is expected to rise by -14.00%. By the end of 2030, the TAO price is projected to reach $811.4, with a cumulative ROI of +181.87%.
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A welcome pack worth 1000 USDT for new Bitgetters!
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A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Bittensor and ISK.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Bittensor and ISK. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Bittensor in ISK, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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A welcome pack worth 1000 USDT for new Bitgetters!

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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.