Real exchange rate

08. July

June 2024

Real exchange rate of the Icelandic krona was 93.1 points in June, an increase of 0,6% compared to preceding month. The real exchange rate index measured by relative consumer prices for June 2024 was 2.9% higher compared to the same month in the year 2023.

Quarterly index of the real exchange rate measured by relative consumer prices was 93.0 points in the second quarter of 2024 (2005=100), which is an increase of 0.9% compared to first quarter of 2024.

The real exchange rate measured by relative labor cost was 98.8 points (2005 = 100) in the first quarter of 2024. This is an increase of 3.8% compared to the fourth quarter of 2023 - (real exchange rate measured by relative labor cost in fourth quarter of 2023, will be published in the beginning of September when relevant data on this will be available).


Supervisor: Data Management | support@sedlabanki.is
Supervisor: Economics and Monetary Policy | raungengi@sedlabanki.is