Quote:
Originally Posted by Katjamo
How are the icelandic prices now compared to before the economic crisis? I was in iceland a couple of years ago before the finansial collaps, and everything was soooo much more expensive than here in Denmark. But I hear that that has changed. Is that true?
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Yes, the economic crisis has changed a lot here in Iceland. First of all our currency plummeted in value, today I have to pay 24,9 ISK per 1 DKK, at the end of 2007 I only had to pay 12,3 ISK for 1 DKK. Which basically means that Danish goods have doubled in price
and that means no shopping trips to Strøget.
And the prices here too have gone through the roof (we do import a lot) so the country is being touted as the new cheap Iceland, since its much cheaper for foreigners to shop here than it was before the crisis.