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GMAC to ISK Converter and calculator

GMAC/ISK: 1 GMAC = 0.4351 ISK. The price of converting 1 Gemach (GMAC) to Icelandic Króna (ISK) is 0.4351 ISK today.
GMAC
GMAC
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMAC to ISK real-time exchange rates, making it easy to convert Gemach (GMAC) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 GMAC is currently valued at 0.4351 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMAC is currently valued at 0.4351 ISK, which means buying 5 GMAC would cost 2.18 ISK. Similarly, kr1 ISK can be converted to 2.3 GMAC, and kr50 ISK can be converted to 11.49 GMAC, excluding any platform or gas fees.

Convert GMAC to ISK

Convert ISK to GMAC

Gemach
Icelandic Króna
1 GMAC
0.4351  ISK
Exchange 1 GMAC for 0.4351 ISK
2 GMAC
0.8701  ISK
Exchange 2 GMAC for 0.8701 ISK
5 GMAC
2.18  ISK
Exchange 5 GMAC for 2.18 ISK
10 GMAC
4.35  ISK
Exchange 10 GMAC for 4.35 ISK
20 GMAC
8.7  ISK
Exchange 20 GMAC for 8.7 ISK
50 GMAC
21.75  ISK
Exchange 50 GMAC for 21.75 ISK
100 GMAC
43.51  ISK
Exchange 100 GMAC for 43.51 ISK
200 GMAC
87.01  ISK
Exchange 200 GMAC for 87.01 ISK
500 GMAC
217.53  ISK
Exchange 500 GMAC for 217.53 ISK
1000 GMAC
435.07  ISK
Exchange 1000 GMAC for 435.07 ISK
5000 GMAC
2,175.35  ISK
Exchange 5000 GMAC for 2,175.35 ISK
10000 GMAC
4,350.69  ISK
Exchange 10000 GMAC for 4,350.69 ISK
In the table above, you'll find a comprehensive GMAC to ISK converter that shows the value of Gemach in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 GMAC to ISK, all the way up to 10000 GMAC, providing a clear view of their respective values.
Icelandic Króna
Gemach
1 ISK
2.3 GMAC
Exchange 1 ISK for 2.3 GMAC
10 ISK
22.98 GMAC
Exchange 10 ISK for 22.98 GMAC
50 ISK
114.92 GMAC
Exchange 50 ISK for 114.92 GMAC
100 ISK
229.85 GMAC
Exchange 100 ISK for 229.85 GMAC
200 ISK
459.7 GMAC
Exchange 200 ISK for 459.7 GMAC
500 ISK
1,149.24 GMAC
Exchange 500 ISK for 1,149.24 GMAC
1000 ISK
2,298.48 GMAC
Exchange 1000 ISK for 2,298.48 GMAC
2000 ISK
4,596.97 GMAC
Exchange 2000 ISK for 4,596.97 GMAC
5000 ISK
11,492.42 GMAC
Exchange 5000 ISK for 11,492.42 GMAC
10000 ISK
22,984.84 GMAC
Exchange 10000 ISK for 22,984.84 GMAC
50000 ISK
114,924.21 GMAC
Exchange 50000 ISK for 114,924.21 GMAC
100000 ISK
229,848.42 GMAC
Exchange 100000 ISK for 229,848.42 GMAC
In the table above, you'll find a comprehensive ISK to GMAC converter that shows the value of Icelandic Króna in Gemach across commonly used conversion amounts. The list covers conversions from 1 ISK to GMAC, all the way up to 100000 ISK, providing a clear view of their respective values.

GMAC to ISK chart

GMAC/ISK: 1 GMAC = 0.4351 ISK; 2025/08/25 19:17:32
In the past 1D, Gemach has changed -3.75% to ISK. Based on the trend and price charts, Gemach(GMAC) has changed -3.75% to ISK while Icelandic Króna(ISK) has changed % to GMAC in the last 24 hours.
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GMAC to ISK conversion data: Volatility and price changes of Gemach in ISK

The highest Gemach price in ISK over the past 7 days was 0.4598 ISK while the lowest Gemach price in ISK over the past 7 days was 0.3792 ISK. The relative change between the highs and lows in Gemach price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and GMAC 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
0.4598 ISK
0.4598 ISK
0.4603 ISK
0.4603 ISK
Low
0.4292 ISK
0.3792 ISK
0.1999 ISK
0.1088 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
-3.75%
+4.57%
+100.12%
+36.48%

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Gemach information

GMAC to ISK market statistics

GMAC/ISK:
kr0.4351
GMAC 24h volume:
--
GMAC market cap:
kr217,534,673.86
GMAC circulating supply:
500.00M GMAC

Current GMAC to ISK exchange rate

Gemach to Icelandic Króna is rising this week.
Gemach's current market price is kr0.4351 per GMAC, with a total market cap of kr217,534,673.86 ISK based on a circulating supply of 500,000,000 GMAC. The trading volume of Gemach has changed by 0.00% (kr0 ISK) in the last 24 hours. Last trading day, GMAC's trading volume was kr0.

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

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GMAC to ISK Conversion tables

The exchange rate of Gemach is increasing.
The exchange rate of 1 GMAC to Icelandic Króna has changed by +4.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.75%, reaching a high of 0.4598 ISK and a low of 0.4292 ISK . One month ago, the value of 1 GMAC was kr0.2174 ISK , which represents a +100.12% change from its current value. Over the last year, Gemach has changed by
+kr
0.3224ISK
, resulting in a change of +286.28% in its value.
24 hours ago1 month ago1 year ago
Amount 19:17 today 24 hours ago 24h change
0.5 GMAC
kr0.2175kr0.2260
-3.75%
1 GMAC
kr0.4351kr0.4520
-3.75%
5 GMAC
kr2.18kr2.26
-3.75%
10 GMAC
kr4.35kr4.52
-3.75%
50 GMAC
kr21.75kr22.6
-3.75%
100 GMAC
kr43.51kr45.2
-3.75%
500 GMAC
kr217.53kr226
-3.75%
1000 GMAC
kr435.07kr452
-3.75%

GMAC to ISK FAQ

How much is 1 Gemach in ISK?
Right now, the price of 1 Gemach (GMAC) in Icelandic Króna (ISK) is kr0.4351.
How much GMAC can I buy for 1 ISK?
Based on the current exchange rate, you can get 2.3 GMAC for 1 ISK.
How do I calculate or convert GMAC to ISK?
You can use our GMAC to ISK calculator at the top of this page to convert any amount of GMAC to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 11.49 GMAC, while 5 GMAC will cost around 2.18ISK.
What is the highest price of GMAC/ISK in history?
The all-time high price of 1 GMAC in ISK is kr91.02. It remains to be seen if the value of 1 GMAC/ISK will exceed the current all-time high.
What is the price trend of Gemach in ISK?
Over the past 7 days, the exchange rate of Gemach (GMAC) has gone up by 4.57%.   Over the last month, the exchange rate of Gemach (GMAC) has gone up by 100.12% against Icelandic Króna (ISK).

What factors influence the conversion rate of GMAC to ISK?

There are many factors that affect the relationship between Gemach 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 GMAC/ISK. When there is positive news in the market about the widespread adoption of GMAC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMAC/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMAC/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 GMAC/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 Gemach 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 Gemach currency pairs: GMAC to US Dollar (USD), GMAC to Euro (EUR), GMAC to Pound Sterling (GBP), GMAC to Canadian Dollar (CAD), GMAC to Indian Rupee (INR), GMAC to Pakistani Rupee (PKR), GMAC to Brazilian Real (BRL), GMAC to…
The price of Gemach in the US is $0.003524 USD. Additionally, Gemach’s price is €0.003032 EUR in the eurozone, £0.002618 GBP in the UK, C$0.004881 CAD in Canada, ₹0.3087 INR in India, ₨0.9935 PKR in Pakistan, R$0.01907 BRL in Brazil, and more.
The most popular Gemach currency pair is the GMAC to Icelandic Króna(ISK). The price of 1 Gemach (GMAC) in Icelandic Króna (ISK) is kr0.4351.

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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.