An index of a currency's value relative to a group (or basket) of other currencies, where the currencies in the basket are given weights based on the amount of trade between the countries that use the currencies. Also called a trade-weighted exchange rate.
Related information about effective exchange rate:
- Trade Weighted Effective Exchange Rate Index - Wikipedia, the free ...
The Trade Weighted Effective Exchange Rate Index, a common form of the effective exchange rate index, is a multilateral exchange rate index. It is compiled as ...
- Trade weighted index - Wikipedia, the free encyclopedia
The Trade Weighted Effective Exchange Rate Index, a common form of the effective exchange rate index, is a multilateral exchange rate index. It is compiled as ...
- Exchange rate - Wikipedia, the free encyclopedia
A nominal effective exchange rate (NEER) is weighted with the inverse of the ... A real effective exchange rate (REER) adjusts NEER by appropriate foreign price ...
- Real Effective Exchange Rate (REER) Definition | Investopedia
The weighted average of a country's currency relative to an index or basket of other major currencies adjusted for the effects of inflation. The weights are ...
- BIS effective exchange rate indices
Nov 15, 2012 ... Effective exchange rate (EER) indices for a total of 61 economies: data starting from 1964/1994.
- What is effective exchange rate (EXR)? definition and meaning
Definition of effective exchange rate (EXR): Multilateral rate that measures the overall nominal value of a currency in the foreign exchange market. It is computed ...
- Effective exchange rate calculations - Central Bank of Iceland
exchange rate indices (including the official effective exchange rate) do not fully serve their ... The effective exchange rate is a key concept in economics.
- ECB: Daily nominal effective exchange rate
The nominal effective exchange rate for the euro is calculated by the European Central Bank (ECB). It is based on weighted averages of bilateral euro exchange ...