Exchange Rate in Iceland
Iceland - Exchange Rate (average of period)The economy shrank at a historic 9.3% rate in the second quarter, following the first quarter’s softer drop, according to preliminary data. The fallout was a direct consequence of the pandemic, and the global trade disruptions and travel restrictions that followed. Turning to Q3, available data shows a recovery could be underway: Overnight stays continued to fall in August compared to the same period last year, although at a much slower pace than in June and July, reflecting the shorter mandatory quarantine period in place since mid-August in favor of tests for new arrivals. Similarly, exports declined at a slower pace in August than in July. However, the unemployment rate rose in August after slowly decreasing since April’s peak, boding ill for private consumption ahead.
Iceland - Exchange Rate vs EUR (aop) Data
|Exchange Rate (vs EUR)||141.3||119.1||124.3||133.3||135.8|
5 years of economic forecasts for more than 30 economic indicators.
Iceland Exchange Rate vs EUR (aop) Chart
Source: Thomson Reuters.
|Bond Yield||3.45||-0.99 %||Dec 31|
|Exchange Rate||121.1||-0.52 %||Jan 01|
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