Real exchange rate

08. September

August 2021

Real exchange rate of the Icelandic krona was 87.2 points in August 2021, a decrease by 0.8% compared to the preceding month. The real exchange rate index measured by relative consumer prices for August 2021 was 8.6% higher compared to same month last year.

Quarterly index of the real exchange rate measured by relative consumer prices was 87.5 points in the second quarter of 2021 (2005 = 100), which is 3.4% higher compared to first quarter of 2021.

Quarterly index of the real exchange rate measured by relative labor cost was 86.7 points in the second quarter of 2021 (2005 = 100), a no change from first quarter of 2021.



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