Real exchange rate

07. October

September 2020

The real exchange rate of the Icelandic krona was 80.3 points in September 2020, a decrease of 0.1% compared to the previous month. The real exchange rate index measured by relative consumer prices for September 2020 was 10.8% lower compared to the same month last year.

Quarterly index of the real exchange rate measured by relative consumer prices was 80.9 points in the 3rd quarter of 2020 (2005 = 100), this is 1.2% lower compared to the previous quarter.

Quarterly index of the real exchange rate measured by relative labor cost was 87.9 points in the 2nd quarter of 2020 (2005 = 100), a 6.2% decrease from the previous quarter - (figures for 3rd quarter of 2020 will be published in December when relevant data on this will be available).


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