The real exchange rate of the Icelandic krona was 134.3 points in October, an increase of 0.8% compared to the preceding month. The real exchange rate index measured by relative consumer prices was 4.3% higher in October than in the same month last year.
The quarterly index of the real exchange rate measured by relative consumer prices was 131.6 points in the third quarter of 2026 (2005=100), an increase of 1.3% compared to the second quarter of 2026.
The real exchange rate measured by relative labor cost was 154.5 points (2015=100) in the second quarter of 2026, an increase of 9.0% compared with the first quarter of 2026.
Due to revisions to unit labour cost data, the real exchange rate index based on relative unit labour costs has been revised back to the first quarter of 1991.
See more detailed data for real exchange rate in the Databank.
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