Theory of ExB shear suppression of turbulence in toroidal geometry [Phys. Plasmas 2, 1648 (1995)] is extended to include fast time variations of the ExB flows often observed in nonlinear simulations of tokamak turbulence. It is shown that the quickly time varying components of the ExB flows, while they typically contribute significantly to the instantaneous ExB shearing rate, are less effective than the slowly time varying components in suppressing turbulence. This is because the shear flow pattern changes before eddies get distorted enough. The effective ExB shearing rate capturing this important physics is analytically derived and estimated from zonal flow statistics of gyrofluid simulation. This provides new insights into understanding recent gyrofluid and gyrokinetic simulations that yield a reduced, but not completely quenched, level of turbulence in the presence of turbulence-driven zonal flows. (C) 1999 American Institute of Physics. [S1070-664X(99)04603-0].