National Accounts   |   Statistics Division

Latest Data Upload: December 2013
 

Glossary - Definition of Term

Term
Weighted average exchange rate
Definition Weighted average exchange rate is calculated as a weighted average of the exchange rates that prevailed during the specific period of time, where the weights are based on the authorities’ estimates of the shares of transactions conducted at various exchange rates.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 

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