Real exchange rate of the Icelandic krona was 94.1 points in last August, an increase of 2.2% compared to the preceding month. The real exchange rate index measured by relative consumer prices for August 2023 was 4.0% higher compared to the same month in the previous year.

Quarterly index of the real exchange rate measured by relative consumer prices was 91.0 points in the 2nd quarter of 2023 (2005=100), which is 4.5% higher compared to 1st quarter of 2023.

Quarterly index of the real exchange rate measured by relative labor cost was 97,7 points in the 2nd quarter of 2023 (2005 = 100), an increase by 7.5% compared to 1st quarter of 2023.