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RET to ISK Converter and calculator

RET/ISK: 1 RET = 0.{8}3417 ISK. The price of converting 1 Renewable Energy Token (RET) to Icelandic Króna (ISK) is 0.{8}3417 ISK today.
RET
RET
ISK
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RET to ISK real-time exchange rates, making it easy to convert Renewable Energy Token (RET) to Icelandic Króna (ISK). The conversion result is based on real-time data. The conversion result shows that 1 RET is currently valued at 0.{8}3417 ISK. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RET is currently valued at 0.{8}3417 ISK, which means buying 5 RET would cost 0.{7}1708 ISK. Similarly, kr1 ISK can be converted to 292,661,853.49 RET, and kr50 ISK can be converted to 1,463,309,267.47 RET, excluding any platform or gas fees.

Convert RET to ISK

Convert ISK to RET

Renewable Energy Token
Icelandic Króna
10 RET
0.{7}3417  ISK
20 RET
0.{7}6834  ISK
50 RET
0.{6}1708  ISK
100 RET
0.{6}3417  ISK
200 RET
0.{6}6834  ISK
500 RET
0.{5}1708  ISK
1000 RET
0.{5}3417  ISK
5000 RET
0.{4}1708  ISK
10000 RET
0.{4}3417  ISK
In the table above, you'll find a comprehensive RET to ISK converter that shows the value of Renewable Energy Token in Icelandic Króna across commonly used conversion amounts. The list covers conversions from 1 RET to ISK, all the way up to 10000 RET, providing a clear view of their respective values.
Icelandic Króna
Renewable Energy Token
1 ISK
292,661,853.49 RET
10 ISK
2,926,618,534.94 RET
50 ISK
14,633,092,674.7 RET
100 ISK
29,266,185,349.41 RET
200 ISK
58,532,370,698.82 RET
500 ISK
146,330,926,747.04 RET
1000 ISK
292,661,853,494.08 RET
2000 ISK
585,323,706,988.16 RET
5000 ISK
1,463,309,267,470.41 RET
10000 ISK
2,926,618,534,940.82 RET
50000 ISK
14,633,092,674,704.09 RET
100000 ISK
29,266,185,349,408.18 RET
In the table above, you'll find a comprehensive ISK to RET converter that shows the value of Icelandic Króna in Renewable Energy Token across commonly used conversion amounts. The list covers conversions from 1 ISK to RET, all the way up to 100000 ISK, providing a clear view of their respective values.

RET to ISK chart

RET/ISK: 1 RET = 0.{8}3417 ISK; 2025/06/21 22:31:00
In the past 1D, Renewable Energy Token has changed +0.27% to ISK. Based on the trend and price charts, Renewable Energy Token(RET) has changed +0.27% to ISK while Icelandic Króna(ISK) has changed % to RET in the last 24 hours.
1D7D1M3M1YAll

RET to ISK conversion data: Volatility and price changes of Renewable Energy Token in ISK

The highest Renewable Energy Token price in ISK over the past 7 days was 0.{8}3442 ISK while the lowest Renewable Energy Token price in ISK over the past 7 days was 0.{8}3335 ISK. The relative change between the highs and lows in Renewable Energy Token price in ISK over the last 7 days indicates a volatility of %. You can view additional volatility data and RET 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.{8}3437 ISK
0.{8}3442 ISK
0.{8}3787 ISK
0.{8}4790 ISK
Low
0.{8}3373 ISK
0.{8}3335 ISK
0.{8}2856 ISK
0.{8}2754 ISK
Average
0 ISK
0 ISK
0 ISK
0 ISK
Volatility
%
%
%
%
Change
+0.27%
+0.51%
+0.22%
-25.56%

Renewable Energy Token information

RET to ISK market statistics

RET/ISK:
kr0.{8}3417
RET 24h volume:
kr83,220,535.02
RET market cap:
kr68,740,443.5
RET circulating supply:
20.12P RET

Current RET to ISK exchange rate

Renewable Energy Token to Icelandic Króna is rising this week.
Renewable Energy Token's current market price is kr0.{8}3417 per RET, with a total market cap of kr68,740,443.5 ISK based on a circulating supply of 20,117,704,000,000,000 RET. The trading volume of Renewable Energy Token has changed by -0.23% (kr-195,192.80 ISK) in the last 24 hours. Last trading day, RET's trading volume was kr83,415,727.82.

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

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How to convert RET to ISK

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Bitget P2P trading does not currently support direct buying of RET with ISK. However, you can buy USDT in Bitget P2P trading first, and then buy RET with USDT via Bitget spot market.
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RET to ISK Conversion tables

The exchange rate of Renewable Energy Token is increasing.
The exchange rate of 1 RET to Icelandic Króna has changed by +0.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.27%, reaching a high of 0.{8}3437 ISK and a low of 0.{8}3373 ISK . One month ago, the value of 1 RET was kr0.{8}3409 ISK , which represents a +0.22% change from its current value. Over the last year, Renewable Energy Token has changed by
-kr
0.{8}9095ISK
, resulting in a change of -72.71% in its value.
24 hours ago1 month ago1 year ago
Amount 22:31 today 24 hours ago 24h change
0.5 RET
kr0.{8}1708kr0.{8}1704
+0.27%
1 RET
kr0.{8}3417kr0.{8}3408
+0.27%
5 RET
kr0.{7}1708kr0.{7}1704
+0.27%
10 RET
kr0.{7}3417kr0.{7}3408
+0.27%
50 RET
kr0.{6}1708kr0.{6}1704
+0.27%
100 RET
kr0.{6}3417kr0.{6}3408
+0.27%
500 RET
kr0.{5}1708kr0.{5}1704
+0.27%
1000 RET
kr0.{5}3417kr0.{5}3408
+0.27%

RET to ISK FAQ

How much is 1 Renewable Energy Token in ISK?
Right now, the price of 1 Renewable Energy Token (RET) in Icelandic Króna (ISK) is kr0.{8}3417.
How much RET can I buy for 1 ISK?
Based on the current exchange rate, you can get 292,661,853.49 RET for 1 ISK.
How do I calculate or convert RET to ISK?
You can use our RET to ISK calculator at the top of this page to convert any amount of RET to ISK. We've also included quick-reference tables for the most popular conversions. For example, 5 ISK is equivalent to 1,463,309,267.47 RET, while 5 RET will cost around 0.{7}1708ISK.
What is the highest price of RET/ISK in history?
The all-time high price of 1 RET in ISK is kr0.{6}1223. It remains to be seen if the value of 1 RET/ISK will exceed the current all-time high.
What is the price trend of Renewable Energy Token in ISK?
Over the past 7 days, the exchange rate of Renewable Energy Token (RET) has gone up by 0.51%.   Over the last month, the exchange rate of Renewable Energy Token (RET) has gone up by 0.22% against Icelandic Króna (ISK).

What factors influence the conversion rate of RET to ISK?

There are many factors that affect the relationship between Renewable Energy Token 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 RET/ISK. When there is positive news in the market about the widespread adoption of RET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RET/ISK. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RET/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 RET/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 Renewable Energy Token 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 Renewable Energy Token currency pairs: RET to US Dollar (USD), RET to Euro (EUR), RET to Pound Sterling (GBP), RET to Canadian Dollar (CAD), RET to Indian Rupee (INR), RET to Pakistani Rupee (PKR), RET to Brazilian Real (BRL), RET to…
The price of Renewable Energy Token in the US is $0.{10}2753 USD. Additionally, Renewable Energy Token’s price is €0.{10}2389 EUR in the eurozone, £0.{10}2046 GBP in the UK, C$0.{10}3781 CAD in Canada, ₹0.{8}2384 INR in India, ₨0.{8}7817 PKR in Pakistan, R$0.{9}1518 BRL in Brazil, and more.
The most popular Renewable Energy Token currency pair is the RET to Icelandic Króna(ISK). The price of 1 Renewable Energy Token (RET) in Icelandic Króna (ISK) is kr0.{8}3417.

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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.