Real exchange rate

07. October

September 2021

Real exchange rate of the Icelandic krona was 85.9 points in September 2021, a decrease by 1.4% compared to the preceding month. The real exchange rate index measured by relative consumer prices for September 2021 was 7.1% higher compared to the same month last year.

Quarterly index of the real exchange rate measured by relative consumer prices was 86.9 points in the third quarter of 2021 (2005 = 100), which is 0.7% lower compared to second 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) an increase of 6.3% compared to first quarter of 2021 - (figures for third quarter of 2021 will be published in December when relevant data on these will be available).



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