Exchange rates (1 Viewer)

[vanessahidayat]

what are two ways that exchange rates are measured in terms of?

 

[onlinenooby]

Bilateral - simply one currency measured in terms of another. i.e. $AUD 1 = $US 0.94

TWI - Trade Weighted Index - AUD measured against a basket of its 23 largest trading partners, measured according to each countries size of trade.