Exchange Rate in Spain

Spain Exchange Rate | Economic News & Forecasts

Spain - Exchange Rate

The economy rebounded robustly in Q2 as an accelerating vaccine rollout prompted the lifting of restrictions, which in turn fueled domestic demand. A sizable bounce-back in household consumption amid stronger consumer confidence and an improving labor market led Q2’s reading. However, the external sector weighed on growth and fixed investment contracted at a sharper pace, likely due to lingering economic uncertainty. The recovery should have carried over into Q3: An uptick in consumer sentiment, coupled with strong services and manufacturing PMI readings in July, point to expanding economic activity. Moreover, the country received EUR 9 billion—the first tranche of its EU recovery fund package—in mid-August, which should support activity ahead. That said, June’s data on the stock of public debt—which rose to a new record high in absolute terms—confirms the country’s weak public finances.

Spain - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)-     -     -     -     -     

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Spain Exchange Rate Chart

Spain Exchange Rate
Note: U.S. dollar (USD) per euro.
Source: Thomson Reuters.

Spain Facts

Value Change Date
Bond Yield0.465.62 %Dec 31
Exchange Rate1.120.65 %Dec 31

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