Exchange Rate in Iceland

Iceland Exchange Rate | Economic News & Forecasts

Iceland - Exchange Rate

Economic activity likely remained muted in the third quarter, although full national accounts will not be released until the end of November. Visitor arrivals decreased year-on-year in September, as the collapse of WOW air earlier this year continued to ripple through the tourism sector, while wage growth in Q3 slowed in annual terms relative to Q2, which could have weighed on private consumption. More positively, the average unemployment rate dipped in the quarter, and consumer confidence in September rose to its highest level since July 2018. In other news, the IMF recently completed its Article IV mission in the country; while the Fund praised the fiscal and monetary policy response to the slowdown, it highlighted the need to generate greater employment in high-skilled jobs and boost productivity growth.

Iceland - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)115.3  127.5  130.1  113.3  103.6  

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Iceland Exchange Rate Chart

Iceland Exchange Rate
Note: Icelandic krona (ISK) per U.S. dollar.
Source: Thomson Reuters.

Iceland Facts

Bond Yield3.66-0.99 %Sep 04
Exchange Rate126.2-0.52 %Sep 04
Stock Market1,437-0.32 %Sep 04

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