Real effective exchange rate (unit labour costs in the total economy - 37 trading partners, 2005=100 reached 106 Index, 2000=100 in 2015 in New Zealand, according to the National Statistical Office. This is 6.63% less than in the previous year.
Historically, real effective exchange rate (unit labour costs in the total economy - 37 trading partners, 2005=100 in New Zealand reached an all time high of 113 Index, 2000=100 in 2014 and an all time low of 64.6 Index, 2000=100 in 2000.
New Zealand has been ranked 13th within the group of 35 countries we follow in terms of real effective exchange rate (unit labour costs in the total economy - 37 trading partners, 2005=100.
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