Foreign Exchange Reserves in Iceland decreased to 904295.32 ISK Million in May from 970592.61 ISK Million in April of 2020.

Foreign Exchange Reserves in Iceland averaged 214648.36 ISK Million from 1980 until 2020, reaching an all time high of 1110368 ISK Million in November of 2011 and a record low of 610 ISK Million in February of 1980. This page provides - Iceland Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Foreign Exchange Reserves - values, historical data and charts - was last updated on July of 2020.

Foreign Exchange Reserves in Iceland is expected to be 776989.49 ISK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Iceland to stand at 776787.61 in 12 months time. In the long-term, the Iceland Foreign Exchange Reserves is projected to trend around 776642.74 ISK Million in 2021 and 776645.80 ISK Million in 2022, according to our econometric models.

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Iceland Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
904295.32 970592.61 1110368.00 610.00 1980 - 2020 ISK Million Monthly
Current Prices, NSA

Iceland Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.75 18.00 1.00 percent [+]
Money Supply M0 141.52 130.28 173.88 11.05 ISK Billion [+]
Money Supply M1 588.70 560.76 588.70 8.88 ISK Billion [+]
Interbank Rate 1.38 1.38 18.47 1.38 percent [+]
Money Supply M2 1319.24 1252.91 1319.24 0.06 ISK Billion [+]
Money Supply M3 2093.00 1967.98 2093.00 0.03 ISK Billion [+]
Foreign Exchange Reserves 904295.32 970592.61 1110368.00 610.00 ISK Million [+]
Banks Balance Sheet 4065831.00 3943862.00 14896283.00 257400.00 ISK Million [+]
Private Debt to GDP 314.90 336.70 400.80 272.80 percent [+]
Central Bank Balance Sheet 966671.00 853520.00 1638738.00 57829.00 ISK Million [+]


Iceland Foreign Exchange Reserves
In Iceland, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.