Exchange Rate in Iceland
Iceland - Exchange Rate
While firm GDP figures are still outstanding, Q2 was likely a quarter to forget for Iceland’s economy. Tourist arrivals plunged year-on-year in the period, hit by WOW Air’s bankruptcy, while the unemployment rate spiked and real wage growth fell to a multi-year low—likely having a knock-on effect on private consumption. Moreover, the total fish catch fell roughly 20% in annual terms on lower fish stocks, which likely hurt the external sector. Early signs for the third quarter are similarly downbeat: In July, tourist arrivals fell by double digits and wage growth moderated further relative to the Q2 average. More positively, the total fish catch edged up in July, while recent Central Bank easing should be providing some support to domestic activity.Iceland - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 115.3 | 127.5 | 130.1 | 113.3 | 103.6 |
Iceland Exchange Rate Chart
Source: Thomson Reuters.
Iceland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.66 | -0.99 % | Sep 04 |
| Exchange Rate | 126.2 | -0.52 % | Sep 04 |
| Stock Market | 1,437 | -0.32 % | Sep 04 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
© Copyright: 2019 | Iceland Exchange Rate | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
