Real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a reached 113 Index, 1999=100 in 2011 in Spain, according to the National Statistical Office. This is 1.24% less than in the previous year.
Historically, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in Spain reached an all time high of 122 Index, 1999=100 in 2008 and an all time low of 73.6 Index, 1999=100 in 1970.
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