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VALUES AT CURRENT EXCHANGE RATES (AT CURRENT USD)

Statistics Directorate    
Definition:
Values at current exchange rates (at current USD) are series at current domestic prices converted to a common currency by way of current exchange rates. Because exchange rates are price relatives of currencies, this expresses domestic values in terms of a foreign currency.

Source Publication:
Statistical Series for the Euro Area - Conclusions and Recommendations of the OECD ASTF Euro Subgroup, 15 May 2001.

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Monday, November 19, 2001