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Back in the spring I bought an issue of Iceland Review magazine on the newsstand in Halifax. At the back of the issue was a rosy advertising supplement about the Icelandic financial industry, including a spread about the health and promise of the country's banks (click on the image to see exciting notes in Flickr):
Surfing various financial and exchange websites this morning you get a variety of exchange rates for Icelandic króna against the Canadian dollar: Google says one króna is work 0.005 CAD, Yahoo says 0.01050 CAD, XE.com says 0.0102592 CAD, Oanda says 0.01034 CAD. That's a pretty big range. I suppose the only real rate is what someone is willing to buy an actual króna for.
From Pownce comes a pointer to Geode, a new extension for Firefox that uses Loki to geolocation-enable the browser.
Iceland Review magazine's Daily News page is a good source of the main headlines from Iceland.
Remember the $30 decrease in price of our rental apartment in Iceland due to the decreasing value of the Króna? Well, it's getting even worse: the apartment we paid an equivalent of $375 CAD for would now cost us $204 CAD.
Icelandair flies from Halifax to Reykjavik until October 20 if you're interested in helping the Icelandic economy and taking advantage of unprecedented value at the same time.










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