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It measures the quantity of the real GDP of other countries that you get for a unit of your countries real GDP

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Q: What does real exchange rate measure?
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Related questions

What is REER in exchange rate?

The real effective exchange rate based on real exchange instead of nominal exchange rate in foreign currency exchange.


How does the real exchange rate work with standard of living of a country.If the standard of living of a country is more compared with other country how can it be termed interms of real exchange rate?

The real Exchange rate excludes the effects of inflation in the increase in exchange rate so if there is a lot of difference between real and nominal (real << nominal) the standard of living is deteriorating in the country.


What is RER in exchange rate?

The real exchange rate based on constant price to eliminate the effect of price change


Difference between REER and NEER?

Nominal effective exchange rate (NEER) and Real effective exchange rate (REER)


What is the Pound - Euro Exchange Rate?

As of today the exchange rates:1 GBP = 1.13263 EUR1 EUR = 0.8829 GBPYou can find real-time exchange rate at this site: http://poundtoeuroconverter.net


What is the exchange rate in US?

The real time exchange rate for us dollar http://usd.exchangerates24.com/


Exchange rate of cuba?

Real time exchange rates of cuba and currency converter for cup please visit http://cup.exchangerates24.com/


How do you calculate exchange rate?

The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date.


How much is and American 1 dollar bill in russia?

56 rubles. Doesn't matter if real exchange rate would be higher. Thanks to Obama, exchange rate for export would be this. Thanks to Obama. ;)


What has the author Georgios Chorteas written?

Georgios Chorteas has written: 'PPP and the real exchange rate-real interest rate differential puzzle revisited:evidence from non-stationary panal data'


What has the author Ariel T Burstein written?

Ariel T. Burstein has written: 'Large devaluations and the real exchange rate' -- subject(s): Devaluation of currency, Foreign exchange rates 'Investment prices and exchange rates' -- subject(s): Foreign exchange rates, Investment analysis, Investments, Prices, Stocks 'Factor prices and international trade' 'Distribution costs and real exchange rate dynamics during exchange-rate-based-stabilizations' -- subject(s): Foreign exchange rates, Price maintenance 'Trade liberalization and firm dynamics' 'The importance of nontradable goods' prices in cyclical real exchange rate fluctuations' -- subject(s): Foreign exchange rates, Mathematical models, Prices 'Why are rates of inflation so low after large devaluations?' -- subject(s): Devaluation of currency, Econometric models, Foreign exchange rates, Inflation (Finance)


What is a good currency exchange rates calculator?

Google has a currency exchange rate calculator as well as xe, x-rates, and Go Currency. Alternatively there are currency exchange rate calculators located at malls where you can exchange one currency for another.