Politare

Exchange rate during each prime minister's tenure

Every prime minister since 1991, ranked by how exchange rate changed from their first day in office. Politare shows what happened during a tenure; it does not claim the office-holder caused it.

Sort by
Tenures
Period
Order
#Prime ministerIn officeTotalPer yearChart
1 Geir Haarde 15 Jun 2006 – 1 Feb 2009 +72.5% May 2006 → Jan 2009+22.7%/yr
2 Katrín Jakobsdóttir 30 Nov 2017 – 9 Apr 2024 +29.8% Oct 2017 → Mar 2024+4.2%/yr
3 Davíð Oddsson 30 Apr 1991 – 15 Sep 2004 +24.6% Mar 1991 → Aug 2004+1.6%/yr
4 Sigmundur Davíð Gunnlaugsson 23 May 2013 – 7 Apr 2016 +6.8% Apr 2013 → Mar 2016+2.3%/yr
5 Halldór Ásgrímsson 15 Sep 2004 – 15 Jun 2006 +0.3% Aug 2004 → May 2006+0.2%/yr
6 Jóhanna Sigurðardóttir 1 Feb 2009 – 23 May 2013 −3.9% Jan 2009 → Apr 2013−0.9%/yr
7 Kristrún Frostadóttir 21 Dec 2024 – now −12.4% Nov 2024 → Sep 2026−7.0%/yr

Sorted by total, highest first. Every row is indexed to the last month complete before the first day in office ("from" marks a start that had to move because that period had no data, or because the period cut it); Levels are per cent changes, rates are differences in %; "per year" compounds levels and divides rates. Tenures with under 12 months, or under three observations, are left out. ISK per US dollar, monthly average · Central Bank of Iceland's rate via the IMF (ER, kronur per US dollar, period average) · Iceland data · as of Oct 2026.

Sources: Statistics Iceland (national accounts, Labour Force Survey, register-based employment, wage index, consumer prices, house prices, population; Reykjavík's population and residents in work, the capital region's Labour Force Survey and flat prices), Central Bank of Iceland (exchange rate, via the IMF), IMF (World Economic Outlook: government debt), GISCO, World Bank (Worldwide Governance Indicators), V-Dem Institute, Transparency International, World Happiness Report, Wikidata, Wikimedia Commons; prime ministers checked against the official lists, Reykjavík's mayors against the city's own list and the council's minutes. Every chart is indexed to the office-holder's first day. Correlation is not credit. CreditsPrivacy