Real exchange rate

08. June

May 2021


Real exchange rate of the Icelandic krona was 86.4 points in May 2021, an increase by 1.2% compared to the preceding month. The real exchange rate index measured by relative consumer prices for May 2021 was 8.0% higher compared to same month last year.

Quarterly index of the real exchange rate measured by relative consumer prices was 84.6 points in the first quarter of 2021 (2005 = 100), which is 3.0% higher compared to fourth quarter of 2020.

Quarterly index of the real exchange rate measured by relative labor cost was 83.5 points in the first quarter of 2021 (2005 = 100), an increase by 11.9% from the fourth quarter of 2020.




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