A relaxation oscillator includes an adjustable reference circuit generator to produce a reference current which is applied to a charging circuit. The charging circuit is configured to charge a capacitive node as a function of the reference current and a capacitance of an adjustable capacitor that is operably coupled to the capacitive node. A comparator having inputs operatively coupled to a reference voltage node and to the capacitive node, generates a comparator output. A control circuit alternatively enables the charging circuit to charge the capacitive node and to discharge the capacitive node in response to changes in the comparator output. Also, the control circuit outputs and oscillator output signal have an oscillator period as a function of the adjustable capacitance and the adjustable reference current.