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Overview of the Icelandic FX market

The ISK appreciated somewhat in November. At the end of the month, the euro stood at ISK 133.6, compared with 138.0 at the end of October. Turnover in the interbank foreign exchange market increased slightly MoM in November. Turnover was EUR 100m (ISK 13.5bn) as opposed to EUR 69m (ISK 9.5bn) in October.

Icelandic FX market (PDF)