Real exchange rate

06. March

February 2017

The real exchange rate of the Icelandic krona appreciated by 2.5% in February 2017. The real exchange rate index measured by relative consumer prices is 18.2% higher than in the same month last year.


Quarterly index of the real exchange rate measured by relative labor cost was 94.0 points (yearly average 2005 = 100) in the fourth quarter of 2016 an increase of 10.6% from the previous quarter.



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