ISK ap­pre­ci­ated in Feb­ru­ary

At the end of February, the EUR/ISK stood at 152.9, compared to 156.1 at the end of January, appreciating during the month. Both turnover and fluctuation was similar as in January. The CBI continued its regular programme of currency sales.
Peningaseðlar
4 March 2021 - Landsbankinn

The ISK appreciated in February against the currencies of all main trading partners. At the end of the month, the EUR/ISK stood at 152.9, compared to 156.1 at the end of January, the USD/ISK stood at 126.2, compared to 129.0 at the end of January.

Turnover in the FX interbank market in February was ISK 28.8 bn (EUR 186 m) and contracted by 11% between months. Of that amount, the CBI’s share was ISK 10.2 bn (EUR 66 m), representing 36% of total turnover.

In addition to its regular sale programme of EUR 3 m per business day, the CBI intervened in the market once in January, selling EUR 6 m on 2 February. The CBI has announced its intention of continuing its regular sale programme until the end of March.

ISK appreciated in February (pdf)

You may also be interested in
17 Feb. 2025
Sagareg winner of Gulleggið 2025
The winner of the 2025 Gulleggið startup competition is Sagareg, which aims to simplify the creation of drug marketing authorisation applications using artificial intelligence and specialised software.
New temp image
16 Feb. 2025
Landsbanki app and online bank are back in operation
The issue that caused the app and online bank to be unavailable earlier today has now been resolved. We apologize for any inconvenience this may have caused.
Starfsfólk í útibúi Landsbankans á Akureyri
14 Feb. 2025
Akureyri branch moves to new location
Landsbankinn’s Akureyri branch has moved to a new location at Hofsbót 2-4 in downtown Akureyri. The branch is open between 10-16 while ATMs and other self-service equipment is accessible around the clock.
Austurbakki
13 Feb. 2025
Open sale process of Keahótel ends without sale
The open sale process of the 35% shareholding of Hömlur ehf., a subsidiary of Landsbankinn, in Keahótel ehf., has ended without the conclusion of a sale agreement.
Austurbakki
11 Feb. 2025
Landsbankinn issues AT1 securities
Today, Landsbankinn completed the sale of Additional Tier 1 (AT1) securities in the amount of USD 100 million. This marks the Bank’s inaugural AT1 securities issuance, with the securities sold to investors at a fixed interest rate of 8.125%.
Landsbankinn
7 Feb. 2025
Landsbankinn changes interest rates
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on 13 February 2025.
7 Feb. 2025
Morning seminar on public-private partnership
Landsbankinn and the Federation of Icelandic Industries (SI) are hosting a joint seminar on Thursday, 13 March, on the public-private partnership in the field of infrastructure and transport.
Landsbankinn
5 Feb. 2025
Self-service solutions temporarily inaccessible 
Due to a system updates, customers will not be able to use the app and online banking on Wednesday, 5 February, between 21:30 and 23:00. Other self-service solutions will be inaccessible during work on the update.
Landsbankinn
5 Feb. 2025
No closures due to weather
Most Landsbankinn branches will remain closed today, 6 February, until the weather subsides. We will update information on a running basis, as opening hours are likely to vary between locations.
Landsbankinn
4 Feb. 2025
Downtime in the app and online banking early Wednesday morning
Due to a system updates, customers will not be able to use the app and online banking on Wednesday 5 February, between 6:00 and 7:00 in the morning. Other self-service solutions will be inaccessible for about an hour during work on the update.
Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies