Icelandic Krona (ISO-Code: ISK) is a very interesting trading opportunity.
The currency is fully convertible and the current Overnight Interest Rate is 15.25%.
Central Bank of Iceland
Furthermore, the curreny is very volatile (+/- 1% intra-day moves against EUR and USD are quite common).
Links:
ISK-Bonds
Article: Is there a commonality between Iceland, Turkey, South Africa, New Zealand and Australia?
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