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REAL EFFECTIVE EXCHANGE RATES

Statistics Directorate    
French Equivalent: Taux de change effectifs réels

Definition:
Real effective exchange rates take account of price level differences between trading partners. Movements in real effective exchange rates provide an indication of the evolution of a country’s aggregate external price competitiveness.

Source Publication:
The OECD Economic Outlook: Sources and Methods.

Cross References:
Exchange rates
Nominal effective exchange rate

Hyperlink:
http://www.oecd.org/eco/outlook/sources-and-methods.htm

Statistical Theme: Financial statistics - Exchange rates

Created on Tuesday, September 25, 2001

Last updated on Friday, March 28, 2014