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- Hagsjá/Economic Forecast

Overview of the Icelandic FX market

After floating between 121-125 for most of this year, the EUR/ISK rate rose temporarily above 125 a week ago. At closing yesterday a EUR cost ISK 124.9. FX market turnover in May was only ISK 7.4 billion, compared to ISK 30.3 billion in the same month last year. Turnover during the first 5 months of this year has fallen by 80% YoY.

Icelandic FX market - June 2018


News and Notifications - 09 July 2018 10:25 AM

Icelandic Economic Weekly: Monday 9 July 2018

According to preliminary figures the deficit on trade in goods was ISK 20.9bn. The CBI released its quarterly Economic Indicators.


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Vikubyrjun/Weekly bulletin - 02 July 2018 11:52 AM

Icelandic Economic Weekly: Monday 2 July 2018

The CPI based on prices in mid-June rose 0.62% MoM, well above expectations. The CBI released the minutes of the last meeting of the MPC.


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Hagsjá/Economic Forecast - 27 June 2018 01:13 PM

Overview of the Icelandic FX market

After floating between 121-125 for most of this year, the EUR/ISK rate rose temporarily above 125 a week ago. At closing yesterday a EUR cost ISK 124.9. FX market turnover in May was only ISK 7.4 billion, compared to ISK 30.3 billion in the same month last year. Turnover during the first 5 months of this year has fallen by 80% YoY.


More