HSC Together Year 12 Economics: Exchange Rates and the Trade Weighted Index

Economics

Back to other subjects

Exchange Rates and the Trade Weighted Index

An exchange rate at its most basic is the value of one currency relative to another. This is known as a bilateral exchange rate. The Trade Weighted Index (TWI) is an average of foreign exchange rates weighted against the amount of trade conducted with that country. Hence the TWI is more reflective of the currency’s strength relative to the global economy.

 

Watch the videos to learn about the measurement of exchange rates using bilateral rates and the TWI in HSC Economics:

 

 

Want to learn more? Check out more of our HSC Economics resources here!

45,861 students have a head start...

Get exclusive HSC content & advice from our team of experts delivered weekly to your inbox!

Here’s how we help...

Holistic K-12 Tutoring

Attend our master-class workshops on how to ace your essays, assessments and exams!

Comprehensive Workshops

Attend our master-class workshops on how to ace your essays, assessments and exams!

AOS asset - Rocket

Study, Uni, Career Mentoring

Attend our master-class workshops on how to ace your essays, assessments and exams!

Senior School Workshops

Attend our master-class workshops on how to ace your essays, assessments and exams!

45,861 students have a head start...

Get exclusive study content & advice from our team of experts delivered weekly to your inbox!

AOS Website Asset 2

Looking for Academic Support?

Discover how we can help you!

AOS Website Asset 1