Interbank Rate in Iceland remained unchanged at 8.34 percent on Thursday August 27. Interbank Rate in Iceland averaged 7.65 percent from 1998 until 2026, reaching an all time high of 18.60 percent in October of 2008 and a record low of 1.23 percent in December of 2020. source: Central Bank of Iceland

Interbank Rate in Iceland is expected to be 8.34 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Three Month Interbank Rate is projected to trend around 7.59 percent in 2027 and 7.34 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 6553262.00 6449197.00 ISK Million Jul 2026
Central Bank Balance Sheet 990077.00 1003555.00 ISK Million Jul 2026
Foreign Exchange Reserves 959096.00 972909.00 ISK Million Jul 2026
Interbank Rate 8.34 8.34 percent Aug 2026
Interest Rate 8.00 7.75 percent Aug 2026
Money Supply M0 196.47 169.19 ISK Billion Jul 2026
Money Supply M1 725.95 723.08 ISK Billion Jul 2026
Money Supply M2 2568.22 2465.61 ISK Billion Jul 2026
Money Supply M3 3600.09 3481.08 ISK Billion Jul 2026


Iceland Three Month Interbank Rate
In Iceland, the interbank rate is the rate of interest charged on short-term loans made between banks.
Actual Previous Highest Lowest Dates Unit Frequency
8.34 8.34 18.60 1.23 1998 - 2026 percent Daily