International Merchandise Trade Statistics: Trade Balance: Commodities for Argentina
Argentine Peso, Monthly, Not Seasonally Adjusted
ARGXTNTVA01NCMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
699,018,900,000.00
Year-over-Year Change
-70.30%
Date Range
1/1/1990 - 5/1/2025
Summary
The 'Argentine Peso, Monthly, Not Seasonally Adjusted' series tracks the value of the Argentine peso against the U.S. dollar, providing important insights into Argentina's exchange rate and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the exchange rate between the Argentine peso and the U.S. dollar on a monthly basis, without seasonal adjustments. It is a key indicator for analyzing Argentina's trade, competitiveness, and overall economic performance.
Methodology
The data is collected by the Federal Reserve from official sources and calculated as the monthly average exchange rate.
Historical Context
This exchange rate trend is closely monitored by policymakers, investors, and analysts to assess Argentina's economic stability and guide economic decision-making.
Key Facts
- The Argentine peso has experienced significant volatility over the past decade.
- Argentina has implemented various exchange rate regimes, including fixed and floating exchange rates.
- The peso's exchange rate is a crucial factor in Argentina's international trade and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate between the Argentine peso and the U.S. dollar, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Argentine peso exchange rate is a crucial indicator for assessing Argentina's economic performance, trade competitiveness, and the effectiveness of its monetary and exchange rate policies.
Q: How is this data collected or calculated?
A: The data is collected by the Federal Reserve from official sources and calculated as the monthly average exchange rate.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor the Argentine peso exchange rate to guide economic decision-making, including trade policies, monetary policy, and assessments of Argentina's overall economic stability.
Q: Are there update delays or limitations?
A: The data is provided on a monthly basis, and there may be occasional delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Argentine Peso, Monthly, Not Seasonally Adjusted (ARGXTNTVA01NCMLM), retrieved from FRED.