National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPCRTD01SKA636S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,361,000,000.00
Year-over-Year Change
217.17%
Date Range
1/1/1993 - 1/1/2013
Summary
This economic trend measures the annual sum of national currency over component sub-periods, providing insights into currency flows and exchange rates.
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
The National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted metric tracks the total amount of a country's national currency exchanged over the course of a year. This data point is useful for analyzing currency market dynamics and exchange rate movements.
Methodology
The data is collected by the U.S. Federal Reserve through transactions and currency exchanges.
Historical Context
This trend is relevant for policymakers, traders, and economists analyzing currency market conditions and international trade flows.
Key Facts
- The data is reported annually by the Federal Reserve.
- This metric tracks the total volume of national currency exchanged, not just the exchange rate.
- Analyzing this trend can provide insights into a country's trade balance and capital flows.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual sum of a country's national currency exchanged over the course of a year, providing insights into currency flows and exchange rate dynamics.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for policymakers, traders, and economists to analyze currency market conditions, international trade flows, and capital movements.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through currency exchange transactions.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and economists to monitor currency market dynamics and inform decisions related to international trade, monetary policy, and exchange rate management.
Q: Are there update delays or limitations?
A: The data is reported annually by the Federal Reserve, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPCRTD01SKA636S), retrieved from FRED.