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real exchange rate

(ECONOMICS) ratio between a country's foreign exchange rate and the real purchasing power of its local currency.

The actual exchange rate between (say) the yen and the US dollar tells you nothing about the relative strength of the two currencies. The US dollar buys 92.57 yen (17 May 2010) right now, which sounds like a lot. But $100, converted into ¥9,257, only buys $71 worth of actual goods & services. In order for the yen:dollar exchange rate to reflect real purchasing power of the two currencies, the US dollar should be able to buy ¥130.

The real exchange rate for the US dollar against the Japanese yen is 1.41 (meaning the yen is costlier than the dollar in real terms).

The recent (March-May) fall of the euro against the US dollar has brought the real exchange rate of the two currencies into approximate parity.

by Abu Yahya May 17, 2010

4👍 2👎


Rated F Beats

Canadian Music Producer

Rated F Beats is at it again with another hit!

by Rated F BEATS April 11, 2022


Jerry rates nature

A guy on YouTube who touched nature and rates it

Jerry rates nature is the best YouTube channel since old smosh

by Shield599 May 17, 2022


Jerry rates nature

A awesome YouTuber who touches bushes and shit

Jerry rates nature is my favorite youtuber ever

by Shield599 May 17, 2022


XX rated movie

A movie From a another country

Have you heard about that new XX rated movie That is from Japan that came to America? Ava let's go watch it together It will be a banger.

by 459395 March 4, 2022


heart rate shy

Someone that isn't confortable with their own heart rate. Scared of looking like a toc because of their unreasonably high resting heart rate.

"Hey Frank, what's your heart rate?"

"Nah fam, it's way too high I don't wanna show it to you. I'm heart rate shy bro"

by nabanane February 6, 2020


low rev rate

See Dick Allen bowl any pattern in the PBA.

Zeke Bayt has to have a 700 rev rate and Dick Allen has a low rev rate of 290 at best.

by RevCounter October 4, 2020