With the currency pair TRY/ISK we can see the difference in value between TRY and ISK , that is, today we need 6.97000 TRY/ISK to be able to have a TRY/ISK in our possession.
Going into terminology, in this case TRY is the transaction currency or base currency and the ISK acts as a counter currency that can also be referred to as the quote currency.
To be as descriptive as possible, we are going to comment that in the last few hours the minimum price this pair has reached has been 6.97000, but the maximum price has reached 7.00000 so with a variation of -0.03000, we have a percentage variation of -0.36000%.