Real exchange rate of the Icelandic krona was 92.4 points in October, a decrease of 1.1% compared to preceding month. The real exchange rate index measured by relative consumer prices for October 2023 was 3.5% higher compared to the same month in previous year.

Quarterly index of the real exchange rate measured by relative consumer prices was 93.7 points in the 3rd quarter of 2023 (2005=100), which is 3.8% higher compared to 2nd quarter of 2023.

Quarterly index of the real exchange rate measured by relative labor cost was 97.0 points in the 2nd quarter of 2023 (2005 = 100), an increase by 9.6% compared to 1st quarter of 2023 - (real exchange rate measured by relative labor cost in 3rd quarter of 2023 will be published in the beginning of December when relevant data on this will be available).