Exchange Rate in Iceland

Iceland Exchange Rate vs EUR (aop) | Economic News & Forecasts

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

2015   2016   2017   2018   2019  
Exchange Rate (vs EUR)141.3  119.1  124.3  133.3  135.8  

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Iceland Exchange Rate vs EUR (aop) Chart

Iceland Exchange Rate
Note: Icelandic krona (SEK) per euro.
Source: Thomson Reuters.

Iceland Facts

Value Change Date
Bond Yield3.45-0.99 %Dec 31
Exchange Rate121.1-0.52 %Jan 01

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