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Real exchange rate in November 2024

Real exchange rate of the Icelandic krona was 94.6 points in November, an increase of 0.6% compared to the preceding month.  The real exchange rate index measured by relative consumer prices for November 2024 was 4.6% higher compared to the same month in the year 2023.

Quarterly index of the real exchange rate measured by relative consumer prices was 93.0 points in the third quarter of 2024 (2005=100), which is a decrease of 0.1% compared to second quarter of 2024.

The real exchange rate measured by relative labor cost was 96.6 points (2005 = 100) in the third quarter of 2024.  This is a decrease of 1.2% compared to the second quarter of 2024.

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

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