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Overview of the Icelandic FX market

The ISK depreciated slightly in December. At the end of the month, the euro stood at ISK 135.7, compared with 136.6 at the end of November. Turnover in the interbank foreign exchange market increased slightly MoM in December. Turnover was EUR 116m (ISK 15.7bn) as opposed to EUR 100m (ISK 13.5bn) in November.

Icelandic FX market (PDF)