Real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a reached 71.8 Index, 1999=100 in 2011 in Turkey, according to the National Statistical Office. This is 32.4% less than in the previous year.
Historically, real effective exchange rate (unit labour costs - 24 trading partners, 1999=100) a in Turkey reached an all time high of 245 Index, 1999=100 in 1970 and an all time low of 59.1 Index, 1999=100 in 1987.
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