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Real exchange rate in July 2025

Real exchange rate of the Icelandic krona was 102.0 points in July, an increase by 1.5% compared to the preceding month. The real exchange rate index measured by relative consumer prices for July was 8.7% higher compared to the same month last year.

The quarterly index of the real exchange rate measured by relative consumer prices was 99.5 points in the second quarter of 2025 (2005=100) which is an increase of 3.5% compared to the first quarter of 2025.

The real exchange rate measured by relative labor cost was 100.3 points (2005 = 100) in the first quarter of 2025, an increase of 3.8% compared to the fourth quarter of 2024.

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

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