Effective Exchange Rate

英文名称：Effective Exchange Rate 中文名称：有效汇率／实际汇率
衡量某一货币在外汇市场上的多边汇率，即总体汇率水平，通过对该国家主要贸易伙伴以及产生重要影响的货币汇率进行加权平均而计算得出。 eb1619e81e59668d2db8098284f6daa5 
e.g. Although some experts held that the yuan is depreciating against the euro and yen in the real term and the real effective exchange rate of RMB has not appreciated too much, China's exports to the USA accounts for 20 percent of its total.