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Ofero to Icelandic Króna (OFE to ISK)

OFE to ISK Converter and calculator

OFE/ISK: 1 OFE = 0.05404 ISK. The price of converting 1 Ofero (OFE) to Icelandic Króna (ISK) is 0.05404 ISK today.
OFE
OFE
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OFE to ISK real-time exchange rates, making it easy to convert Ofero (OFE) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 OFE is currently valued at 0.05404 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OFE is currently valued at 0.05404 ISK, which means buying 5 OFE would cost 0.2702 ISK. Similarly, kr1 ISK can be converted to 18.5 OFE, and kr50 ISK can be converted to 92.52 OFE, excluding any platform or gas fees.

Convert OFE to ISK

Convert ISK to OFE

Ofero
Icelandic Króna
1 OFE
0.05404  ISK
Exchange 1 OFE for 0.05404 ISK
2 OFE
0.1081  ISK
Exchange 2 OFE for 0.1081 ISK
5 OFE
0.2702  ISK
Exchange 5 OFE for 0.2702 ISK
10 OFE
0.5404  ISK
Exchange 10 OFE for 0.5404 ISK
20 OFE
1.08  ISK
Exchange 20 OFE for 1.08 ISK
50 OFE
2.7  ISK
Exchange 50 OFE for 2.7 ISK
100 OFE
5.4  ISK
Exchange 100 OFE for 5.4 ISK
200 OFE
10.81  ISK
Exchange 200 OFE for 10.81 ISK
500 OFE
27.02  ISK
Exchange 500 OFE for 27.02 ISK
1000 OFE
54.04  ISK
Exchange 1000 OFE for 54.04 ISK
5000 OFE
270.2  ISK
Exchange 5000 OFE for 270.2 ISK
10000 OFE
540.41  ISK
Exchange 10000 OFE for 540.41 ISK
In the table above, you'll find a comprehensive OFE to ISK converter that shows the value of Ofero in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 OFE to ISK, all the way up to 10000 OFE, providing a clear view of their respective values.
Icelandic Króna
Ofero
1 ISK
18.5 OFE
Exchange 1 ISK for 18.5 OFE
10 ISK
185.05 OFE
Exchange 10 ISK for 185.05 OFE
50 ISK
925.23 OFE
Exchange 50 ISK for 925.23 OFE
100 ISK
1,850.45 OFE
Exchange 100 ISK for 1,850.45 OFE
200 ISK
3,700.9 OFE
Exchange 200 ISK for 3,700.9 OFE
500 ISK
9,252.26 OFE
Exchange 500 ISK for 9,252.26 OFE
1000 ISK
18,504.52 OFE
Exchange 1000 ISK for 18,504.52 OFE
2000 ISK
37,009.03 OFE
Exchange 2000 ISK for 37,009.03 OFE
5000 ISK
92,522.58 OFE
Exchange 5000 ISK for 92,522.58 OFE
10000 ISK
185,045.16 OFE
Exchange 10000 ISK for 185,045.16 OFE
50000 ISK
925,225.8 OFE
Exchange 50000 ISK for 925,225.8 OFE
100000 ISK
1,850,451.61 OFE
Exchange 100000 ISK for 1,850,451.61 OFE
In the table above, you'll find a comprehensive ISK to OFE converter that shows the value of Icelandic Króna in Ofero across commonly used conversion amounts. The list covers conversions from 1 ISK to OFE, all the way up to 100000 ISK, providing a clear view of their respective values.

OFE to ISK chart

OFE/ISK: 1 OFE = 0.05404 ISK; 2025/12/26 05:58:01
In the past 1D, Ofero has changed -10.40% to ISK. Based on the trend and price charts, Ofero(OFE) has changed -10.40% to ISK while Icelandic Króna(ISK) has changed % to OFE in the last 24 hours.
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OFE to ISK conversion data: Volatility and price changes of in ISK

The highest price in ISK over the past 7 days was 0.1212 ISK while the lowest price in ISK over the past 7 days was 0.04840 ISK. The relative change between the highs and lows in price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and OFE 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
0.06069 ISK
0.1212 ISK
0.1212 ISK
0.1219 ISK
Low
0.05306 ISK
0.04840 ISK
0.04832 ISK
0.03937 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
-10.40%
+7.89%
-7.30%
-52.63%

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Ofero information

OFE to ISK market statistics

OFE/ISK:
kr0.05404
OFE 24h volume:
kr14,369.42
OFE market cap:
--
OFE circulating supply:
0 OFE

Current OFE to ISK exchange rate

Ofero to Icelandic Króna is rising this week.
Ofero's current market price is kr0.05404 per OFE, with a total market cap of kr0 ISK based on a circulating supply of -- OFE. The trading volume of Ofero has changed by -95.59% (kr-311,290.59 ISK) in the last 24 hours. Last trading day, OFE's trading volume was kr325,660.02.

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

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How to convert OFE to ISK

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OFE to ISK Conversion tables

The exchange rate of Ofero is decreasing.
The exchange rate of 1 OFE to Icelandic Króna has changed by +7.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.40%, reaching a high of 0.06069 ISK and a low of 0.05306 ISK . One month ago, the value of 1 OFE was kr0.05830 ISK , which represents a -7.30% change from its current value. Over the last year, Ofero has changed by
-kr
0.07451ISK
, resulting in a change of -57.97% in its value.
24 hours ago1 month ago1 year ago
Amount 05:58 am today 24 hours ago 24h change
0.5 OFE
kr0.02702kr0.03016
-10.40%
1 OFE
kr0.05404kr0.06031
-10.40%
5 OFE
kr0.2702kr0.3016
-10.40%
10 OFE
kr0.5404kr0.6031
-10.40%
50 OFE
kr2.7kr3.02
-10.40%
100 OFE
kr5.4kr6.03
-10.40%
500 OFE
kr27.02kr30.16
-10.40%
1000 OFE
kr54.04kr60.31
-10.40%

OFE to ISK FAQ

How much is 1 Ofero in ISK?
Right now, the price of 1 Ofero (OFE) in Icelandic Króna (ISK) is kr0.05404.
How much OFE can I buy for 1 ISK?
Based on the current exchange rate, you can get 18.5 OFE for 1 ISK.
How do I calculate or convert OFE to ISK?
You can use our OFE to ISK calculator at the top of this page to convert any amount of OFE to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 92.52 OFE, while 5 OFE will cost around 0.2702ISK.
What is the highest price of OFE/ISK in history?
The all-time high price of 1 OFE in ISK is kr5.65. It remains to be seen if the value of 1 OFE/ISK will exceed the current all-time high.
What is the price trend of in ISK?
Over the past 7 days, the exchange rate of Ofero (OFE) has gone up by 7.89%.   Over the last month, the exchange rate of Ofero (OFE) has gone down by 7.30% against Icelandic Króna (ISK).

What factors influence the conversion rate of OFE to ISK?

There are many factors that affect the relationship between Ofero 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 OFE/ISK. When there is positive news in the market about the widespread adoption of OFE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OFE/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OFE/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 OFE/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 Ofero 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 Ofero currency pairs: OFE to US Dollar (USD), OFE to Euro (EUR), OFE to Pound Sterling (GBP), OFE to Canadian Dollar (CAD), OFE to Indian Rupee (INR), OFE to Pakistani Rupee (PKR), OFE to Brazilian Real (BRL), OFE to…
The price of Ofero in the US is $0.0004303 USD. Additionally, Ofero’s price is €0.0003651 EUR in the eurozone, £0.0003187 GBP in the UK, C$0.0005886 CAD in Canada, ₹0.03864 INR in India, ₨0.1206 PKR in Pakistan, R$0.002380 BRL in Brazil, and more.
The most popular Ofero currency pair is the OFE to Icelandic Króna(ISK). The price of 1 Ofero (OFE) in Icelandic Króna (ISK) is kr0.05404.

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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.
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