1. According to the tightness of the management system, it can be divided into official and market exchange rate ¢Ù official exchange rate (legal exchange rate) : this exchange rate mainly refers to the exchange rate stipulated by the official (such as the Ministry of Finance, the central bank or the designated foreign exchange professional bank).
In countries with strict foreign exchange regulations that prohibit the existence of free markets, the official exchange rate is the official exchange rate, but there is no market exchange rate.
(2) Market exchange rate: It refers to the actual exchange rate at which foreign exchange is freely traded.
In countries with a relatively loose foreign exchange management system, the official exchange rate is usually only a formality, with prices and no market, but the actual exchange rate is adopted at the market rate.
2. According to the nature and use of foreign exchange funds, it can be divided into Commercial Rate and Financial Rate.
¢Ù Trade exchange rate: this mainly refers to the exchange rate used for import and export trade and its dependent costs.
¢Ú Financial exchange rate: mainly refers to the exchange rate of capital transfer and tourism.