Indicative exchange rates
The Central Bank of Iceland quotes the rate of exchange of the króna daily against ten foreign currencies, cf. Article 19 of the Central Bank of Iceland Act No. 36 from May 22, 2001. A buying, selling and mid rate is fixed for each of these currencies. As of December 1, 2006, exchange rates for a further twenty-five currencies will be calculated and published on the Central Bank’s website daily. It should be underlined that the exchange rates of the additional currencies are not officially fixed in the sense of the Central Bank Act, but are solely an indicative mid-rate.
Exchange rates of the following currencies will be fixed daily:
| US dollar | USD |
| Pound sterling | GBP |
| Canadian dollar | CAD |
| Danish krone | DKK |
| Norwegian krone | NOK |
| Swedish krona | SEK |
| Swiss franc | CHF |
| Japanese yen | JPY |
| Special drawing rights | XDR |
| Euro | EUR |
An indicative mid rate will be published for the following currencies as of December 1, 2006:
| Chinese yuan | CNY |
| Russian rouble | RUB |
| Polish zloty | PLN |
| Estonian kroon | EEK |
| Latvian lat | LVL |
| Lithuanian litas |
LTL |
| Nigerian naira | NGN |
| Taiwan dollar | TWD |
| South Korean won | KRW |
| Surinam dollar | SRD |
| Australian dollar | AUD |
| New Zealand dollar | NZD |
| Hong Kong dollar | HKD |
| Hungarian forint | HUF |
| Israeli shekel | ILS |
| South African rand | ZAR |
| Singapore dollar | SGD |
| Mexican peso | MXN |
| Maltese lira | MTL |
| Turkish lira | TRY |
| Croatian kuna | HRK |
| Indian rupee | INR |
| Bulgarian lev | BGN |
| Czech koruna | CZK |
| Brazilian real | BRL |
For further information contact Sturla Pálsson, Director of the International and Market Operations Department of the Central Bank of Iceland (sturla.palsson@sedlabanki.is), tel. +354 569-9638.
No. 44/2006
December 1, 2006