Real exchange rate

08. January

December 2019

 The real exchange rate of the Icelandic krona increased by 0.8% in December 2019 compared to the previous month. The real exchange rate index measured by relative consumer prices was 1.3% higher in December compared to the same month in the year 2018.

Quarterly index of the real exchange rate measured by relative consumer prices was 91.0 points (yearly average 2005 = 100) in the 4th quarter of 2019 and was thus 1.3% higher compared to 3rd quarter of 2019.

Quarterly index of the real exchange rate measured by relative labor cost was 93.8 points (yearly average 2005 = 100) in the 3rd quarter of 2019, a decrease by 0.2% from the previous quarter.


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