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MATRIX to ISK Converter and calculator

MATRIX/ISK: 1 MATRIX = 0.09042 ISK. The price of converting 1 Matrix Labs (MATRIX) to Icelandic Króna (ISK) is 0.09042 ISK today.
MATRIX
MATRIX
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MATRIX to ISK real-time exchange rates, making it easy to convert Matrix Labs (MATRIX) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 MATRIX is currently valued at 0.09042 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MATRIX is currently valued at 0.09042 ISK, which means buying 5 MATRIX would cost 0.4521 ISK. Similarly, kr1 ISK can be converted to 11.06 MATRIX, and kr50 ISK can be converted to 55.3 MATRIX, excluding any platform or gas fees.

Convert MATRIX to ISK

Convert ISK to MATRIX

Matrix Labs
Icelandic Króna
1 MATRIX
0.09042  ISK
10 MATRIX
0.9042  ISK
200 MATRIX
18.08  ISK
500 MATRIX
45.21  ISK
1000 MATRIX
90.42  ISK
5000 MATRIX
452.09  ISK
10000 MATRIX
904.18  ISK
In the table above, you'll find a comprehensive MATRIX to ISK converter that shows the value of Matrix Labs in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 MATRIX to ISK, all the way up to 10000 MATRIX, providing a clear view of their respective values.
Icelandic Króna
Matrix Labs
100 ISK
1,105.98 MATRIX
200 ISK
2,211.96 MATRIX
500 ISK
5,529.89 MATRIX
1000 ISK
11,059.78 MATRIX
2000 ISK
22,119.56 MATRIX
5000 ISK
55,298.9 MATRIX
10000 ISK
110,597.8 MATRIX
50000 ISK
552,988.98 MATRIX
100000 ISK
1,105,977.95 MATRIX
In the table above, you'll find a comprehensive ISK to MATRIX converter that shows the value of Icelandic Króna in Matrix Labs across commonly used conversion amounts. The list covers conversions from 1 ISK to MATRIX, all the way up to 100000 ISK, providing a clear view of their respective values.

MATRIX to ISK chart

MATRIX/ISK: 1 MATRIX = 0.09042 ISK; 2025/06/16 08:37:25
In the past 1D, Matrix Labs has changed +4.32% to ISK. Based on the trend and price charts, Matrix Labs(MATRIX) has changed +4.32% to ISK while Icelandic Króna(ISK) has changed % to MATRIX in the last 24 hours.
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MATRIX to ISK conversion data: Volatility and price changes of Matrix Labs in ISK

The highest Matrix Labs price in ISK over the past 7 days was 0.09726 ISK while the lowest Matrix Labs price in ISK over the past 7 days was 0.08668 ISK. The relative change between the highs and lows in Matrix Labs price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and MATRIX 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
0.09042 ISK
0.09726 ISK
0.09880 ISK
0.09880 ISK
Low
0.08799 ISK
0.08668 ISK
0.08655 ISK
0.04812 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
+4.32%
-0.76%
-0.12%
+38.38%

Matrix Labs information

MATRIX to ISK market statistics

MATRIX/ISK:
kr0.09042
MATRIX 24h volume:
--
MATRIX market cap:
--
MATRIX circulating supply:
0 MATRIX

Current MATRIX to ISK exchange rate

Matrix Labs to Icelandic Króna is falling this week.
Matrix Labs's current market price is kr0.09042 per MATRIX, with a total market cap of kr0 ISK based on a circulating supply of -- MATRIX. The trading volume of Matrix Labs has changed by 0.00% (kr0 ISK) in the last 24 hours. Last trading day, MATRIX's trading volume was kr0.

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

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MATRIX to ISK Conversion tables

The exchange rate of Matrix Labs is decreasing.
The exchange rate of 1 MATRIX to Icelandic Króna has changed by -0.76% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.32%, reaching a high of 0.09042 ISK and a low of 0.08799 ISK . One month ago, the value of 1 MATRIX was kr0.09053 ISK , which represents a -0.12% change from its current value. Over the last year, Matrix Labs has changed by
-kr
0.03451ISK
, resulting in a change of -27.62% in its value.
24 hours ago1 month ago1 year ago
Amount 08:37 am today 24 hours ago 24h change
0.5 MATRIX
kr0.04521kr0.04334
+4.32%
1 MATRIX
kr0.09042kr0.08668
+4.32%
5 MATRIX
kr0.4521kr0.4334
+4.32%
10 MATRIX
kr0.9042kr0.8668
+4.32%
50 MATRIX
kr4.52kr4.33
+4.32%
100 MATRIX
kr9.04kr8.67
+4.32%
500 MATRIX
kr45.21kr43.34
+4.32%
1000 MATRIX
kr90.42kr86.68
+4.32%

MATRIX to ISK FAQ

How much is 1 Matrix Labs in ISK?
Right now, the price of 1 Matrix Labs (MATRIX) in Icelandic Króna (ISK) is kr0.09042.
How much MATRIX can I buy for 1 ISK?
Based on the current exchange rate, you can get 11.06 MATRIX for 1 ISK.
How do I calculate or convert MATRIX to ISK?
You can use our MATRIX to ISK calculator at the top of this page to convert any amount of MATRIX to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 55.3 MATRIX, while 5 MATRIX will cost around 0.4521ISK.
What is the highest price of MATRIX/ISK in history?
The all-time high price of 1 MATRIX in ISK is kr487.02. It remains to be seen if the value of 1 MATRIX/ISK will exceed the current all-time high.
What is the price trend of Matrix Labs in ISK?
Over the past 7 days, the exchange rate of Matrix Labs (MATRIX) has gone down by 0.76%.   Over the last month, the exchange rate of Matrix Labs (MATRIX) has gone down by 0.12% against Icelandic Króna (ISK).

What factors influence the conversion rate of MATRIX to ISK?

There are many factors that affect the relationship between Matrix Labs 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 MATRIX/ISK. When there is positive news in the market about the widespread adoption of MATRIX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MATRIX/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MATRIX/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 MATRIX/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 Matrix Labs 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 Matrix Labs currency pairs: MATRIX to US Dollar (USD), MATRIX to Euro (EUR), MATRIX to Pound Sterling (GBP), MATRIX to Canadian Dollar (CAD), MATRIX to Indian Rupee (INR), MATRIX to Pakistani Rupee (PKR), MATRIX to Brazilian Real (BRL), MATRIX to…
The price of Matrix Labs in the US is $0.0007257 USD. Additionally, Matrix Labs’s price is €0.0006278 EUR in the eurozone, £0.0005347 GBP in the UK, C$0.0009855 CAD in Canada, ₹0.06245 INR in India, ₨0.2052 PKR in Pakistan, R$0.004022 BRL in Brazil, and more.
The most popular Matrix Labs currency pair is the MATRIX to Icelandic Króna(ISK). The price of 1 Matrix Labs (MATRIX) in Icelandic Króna (ISK) is kr0.09042.

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