Research

07.08.2019 10:49

Overview of the Icelandic FX market

The Icelandic króna remained nearly unchanged against the euro from mid-June to mid-July in very low trading. In mid-July, the króna began to appreciate, with the EUR/ISK reaching a low of 134.55 at the end of the month after peaking at 141.8 in mid-July. Turnover in the foreign exchange market in July was similar to that in June. Almost all turnover in July was in the second half of the month.

Icelandic FX market (PDF)

 

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