Real exchange rate

08. September

August 2020

The real exchange rate of the Icelandic krona was 80.3 points in August 2020, a decrease of 1.1% compared to the previous month. The real exchange rate index measured by relative consumer prices in August 2020 was 11.1% lower compared to the same period last year.

Quarterly index of the real exchange rate measured by relative consumer prices was 81.9 points in the 2nd quarter of 2020 (2005 = 100), a 7.1% decrease from the previous quarter.

Quarterly index of the real exchange rate measured by relative labor cost was 85.7 points in the 2nd quarter of 2020 (2005 = 100), a 8.8% decrease from the previous quarter.

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