Real effective exchange rate (unit labour costs - 37 trading partners, 2005=100) reached 93.9 Index, 2005=100 in second quarter of 2016 in Cyprus, according to the National Statistical Office. This is 0.203% more than in the previous quarter.
Historically, real effective exchange rate (unit labour costs - 37 trading partners, 2005=100) in Cyprus reached an all time high of 108 Index, 2005=100 in 4Q2009 and an all time low of 84.4 Index, 2005=100 in 4Q2000.
Cyprus has been ranked 27th within the group of 35 countries we follow in terms of real effective exchange rate (unit labour costs - 37 trading partners, 2005=100).
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