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Real exchange rate in March 2026

Real exchange rate of the Icelandic krona was 128.3 points in March, a decrease by 0.0% compared to the preceding month. The real exchange rate index measured by relative consumer prices for March was 5.3% higher compared to the same month last year.

The quarterly index of the real exchange rate measured by relative consumer prices was 128.3 points in the first quarter of 2026 (2015=100) which is an increase of 1.2% compared to the fourth quarter of 2025.

The real exchange rate measured by relative labor cost was 140.1 points (2015=100) in the fourth quarter of 2025, a decrease of 3.8% compared to the third quarter of 2025.

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

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