The Icelandic króna has been dropping relative to the Canadian dollar over the last week, so that today almost exactly 100 krónur are equal to one Canadian dollar, whereas two weeks ago they were worth about $1.10.
This means that our 34,000 krónur 3-day apartment rental in Reykjavik two weeks ago at that cost us $371 then would cost us $340 today. Not an earth-shattering drop for us, but extrapolated out over an entire economy I expect the drop is rather profound.
About This Blog
I am Peter Rukavina and this is my blog. I am a writer, letterpress printer, and a curious person.
To learn more about me, read my /now, look at my bio, listen to audio I’ve posted, read presentations and speeches I’ve written, or get in touch (peter@rukavina.net is the quickest way).
You can subscribe to an RSS feed of posts, an RSS feed of comments, or a podcast RSS feed that just contains audio posts. You can also receive a daily digests of posts by email.
Add new comment