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Spain Exchange Rate

Official exchange rate (LCU per US$, period average)  PA.NUS.FCRF

Spain's exchange rate was 0.96 in 2025, ranked 174th globally. This represents a 3.6% increase from 2024. Data from World Bank, covering 1960–2025.

0.96 +0.03 (+3.6%)
Year 2025 Rank #174 Global Peak 170.04 (1985) Source World Bank

Spain Exchange Rate (1960–2025)

Overview

Spain's exchange rate stood at 0.96 in 2025, a rise of +0.03 from 2024. Based on recent trends, this figure is projected to reach 0.96 by 2025. Spain ranked 174th globally.

Spain's exchange rate has experienced significant fluctuations over the past six decades, with the value of its currency relative to the US dollar varying from 60.00 in 1960 to an all-time peak of 170.04 in 1985. The currency's value plummeted during the 2008 global financial crisis, reaching an all-time trough of 0.68. However, since then, the exchange rate has recovered, reaching 0.96 in 2025, a value that ranks Spain 174th globally and places it on par with countries such as Germany. This recovery is a testament to Spain's economic resilience in the face of external shocks. A continuation of the current trend suggests that Spain's exchange rate may stabilize at current levels or potentially appreciate further, driven by factors such as economic growth, inflation, and monetary policy decisions, including a potential interest rate hike by the European Central Bank.

Data & projection

Year Exchange Rate YoY change Rank
2027* trend 0.99 - -
2026* trend 0.97 - -
2025* trend 0.96 - -
2025 0.96 +0.03 #174
2024 0.92 −0.00 #16
2023 0.92 −0.02 #20
2022 0.95 +0.10 #14
2021 0.85 −0.03 #18
2020 0.88 −0.02 #14
2019 0.89 +0.05 #17
2018 0.85 −0.04 #17
2017 0.89 −0.02 #14
2016 0.90 +0.00 #14
2015 0.90 +0.15 #14
2014 0.75 −0.00 #16
2013 0.75 −0.03 #14
2012 0.78 +0.06 #14
2011 0.72 −0.04 #15
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.0% GDP growth 2.5% C/A balance 2.7%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Spain matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Spain's exchange rate?▾

Spain's exchange rate was 0.96 in 2025. Ranked 174th globally. This represents a 3.6% increase from the previous year.

What was the highest exchange rate in Spain?▾

Spain's exchange rate peaked at 170.04 in 1985.

What was the lowest exchange rate in Spain?▾

The lowest exchange rate in Spain was 0.68 in 2008.

How does Spain rank in exchange rate?▾

Spain ranks 174th globally in exchange rate as of 2025.

What is the World Bank indicator code for exchange rate?▾

The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.

What is the projected exchange rate of Spain in 2025?▾

Spain's exchange rate is projected to reach 0.96 by 2025 based on trend extrapolation.

What is the exchange rate of Spain in 2025?▾

The exchange rate of Spain in 2025 was 0.96. This ranks 174th in the world.

Cite this page

APA
Spain Exchange Rate. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/spain/exchange-rate/
BibTeX
@misc{historysaid_spain_exchange-rate, title = {Spain Exchange Rate}, url = {https://historysaid.com/spain/exchange-rate/}, publisher = {HistorySaid}, year = {2026} }
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