I know that compilers use __STDC__ to indicate that a compiler is standard C and, from, there, you can use __STDC_VERSION__ to figure out which
According to this post to the GCC mailing list, the final value is, as you suspected, 201112L.
With -std=c11 in gcc, 201112L is used for __STDC_VERSION__
See this gcc patch on December 20, 2011 on gcc ml:
https://www.mail-archive.com/gcc-patches@gcc.gnu.org/msg23572.html
And note that apparently the ISO version of C11 forgot to update the 201ymmL from the Draft.
The intended final
__STDC_VERSION__value,201112L, is also implemented (the editor forgot to update the201ymmLplaceholders before sending the document for publication by ISO).
See also DR #411, which makes it official that the intended value is 201112l. The editor has said that "The committee is trying to get it approved as a TC as soon as possible.". (TC = "Technical Corrigendum")
EDIT (July 16, 2012): Technical Corrigendum 1 (ISO/IEC 9899:2011/Cor 1:2012) released on July 15, 2012 fixes the __STDC_VERSION__ to 201112L.