Real effective exchange rate (unit labour costs - 12 trading partners, 1999=100) a reached 108 Index, 1999=100 in 2011 in Spain, according to the National Statistical Office. This is 2.03% less than in the previous year.
Historically, real effective exchange rate (unit labour costs - 12 trading partners, 1999=100) a in Spain reached an all time high of 116 Index, 1999=100 in 2008 and an all time low of 78.5 Index, 1999=100 in 1971.
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