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:
|Special drawing rights||XDR|
An indicative mid rate will be published for the following currencies as of December 1, 2006:
|South Korean won||KRW|
|New Zealand dollar||NZD|
|Hong Kong dollar||HKD|
|South African rand||ZAR|
For further information contact Sturla Pálsson, Director of the International and Market Operations Department of the Central Bank of Iceland (email@example.com), tel. +354 569-9638.
December 1, 2006