In the currency pair ISK/JMD the first currency to consider is ISK and second currency JMD so right now we can say you could get a ISK with 1.11720 JMD.
In this currency pair, we find that the base currency (which can also be referred to as the transaction currency) is the ISK and the JMD acts as a counter currency that can also be referred to as the quote currency.
The minimum value of this pair during the last hours we have found in the amount of 1.12160, while the maximum has been in 1.12730 that, analyzing the difference, we have a variation of 0.00410 and a percentage variation of 0.36000%.