Real exchange rate of the Icelandic krona was 98.6 points in April, an increase by 2.4% compared to the preceding month.  The real exchange rate index measured by relative consumer prices for April was 7.2% higher compared to the same month of last year.

The quarterly index of the real exchange rate measured by relative consumer prices was 96.4 points in the first quarter of 2025 (2005=100), which is an increase of 1.0% compared to the fourth quarter of 2024.

The real exchange rate measured by relative labor cost was 94.1 points (2005 = 100) in the fourth quarter of 2024, a decrease of 2.1% compared to the third quarter of 2024 - (real exchange rate measured by relative labor cost in fourth first quarter of 2024, will be published in the beginning of June when relevant data on this will be available). 

See more detailed data for real exchange rate in the Databank.

Inquiries can be sent to support@sedlabanki.is