The base year of the real exchange rate index has been revised to 2015 (2015 annual average = 100), replacing 2005, as of this release.
Real exchange rate of the Icelandic krona was 126.4 points in January, an increase by 1.3% compared to the preceding month. The real exchange rate index measured by relative consumer prices for January was 5.2% higher compared to the same month last year.
The quarterly index of the real exchange rate measured by relative consumer prices was 126.8 points in the fourth quarter of 2025 (2015=100) which is a decrease of 1.9% compared to the third quarter of 2025.
The real exchange rate measured by relative labor cost was 149.1 points (2015=100) in the third quarter of 2025, a decrease of 0.3% compared to the second quarter of 2025.
See more detailed data for real exchange rate in the Databank.
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