Purchasing Power Parity Calculator
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Purchasing Power Parity Calculator for Spain (USD vs EUR)
What is Spain's (EUR) equivalent in USD based on purchasing power?
Use this calculator to find purchasing power parity for Spain's (EUR). Purchasing power parity (PPP) is a theory that estimates the amount of adjustment needed on the exchange rate between countries to make the exchange of goods and services of the two countries equal. This means that a good or service should have the same price in one country as it does in another country, after taking into account the exchange rate between the two countries.
Spain Purchasing Power Parity
The current PPP rate for Spain's (EUR) is 0.671.
What does this mean?
This means that 1 USD is euqivalent to 0.671 EUR in Spain based on the general cost & standard of living in Spain.