Exchange Rate in Iceland
Iceland - Exchange RateThe economy appears to have taken a hit in the first quarter, reflecting a poor performance in the key sectors of fishing and tourism. The total fish catch nosedived through the quarter as vessels failed to find any capelin, one of the industry’s primary exports by volume. Turning to tourism, data shows a slight decline in overnight stays in January and February, while March traffic data for the island’s main airport corroborates a slowdown in the sector in the quarter. Moreover, the tourism sector’s woes will likely be amplified, in Q2 and beyond, by the recent collapse of low-cost airline WOW Air on 28 March. The Central Bank said the collapse will likely dent economic growth noticeably, though it does not pose a serious risk to financial stability.
Iceland - Exchange Rate Data
|Exchange Rate (vs USD)||115.3||127.5||130.1||113.3||103.6|
5 years of economic forecasts for more than 30 economic indicators.
Iceland Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||4.25||-0.99 %||May 13|
|Exchange Rate||122.8||-0.52 %||May 13|
|Stock Market||1,477||-0.32 %||May 13|
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