Real exchange rate

07. May

April 2019

The real exchange rate of the Icelandic krona depreciated by 0.3% in Apríl 2019. The real exchange rate index measured by relative consumer prices is 10,6% lower than in the same month last year.

Quarterly index of the real exchange rate measured by relative consumer prices was 91,2 points (yearly average 2005 = 100) in the 1st quarter of 2019, an increase of 1,0% from the previous quarter.

Quarterly index of the real exchange rate measured by relative labor cost was 89.2 points (yearly average 2005 = 100) in the 4th quarter of 2018, a decrease of 9.7% from the previous quarter.



Supervisor: Statistics Department | fjarmalamarkadir@sedlabanki.is
Supervisor: Economic and monetary policy | raungengi@sedlabanki.is