National currency, Sum Over Component Sub-periods, Annual
BPFADI03CAA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69,377,000,000.00
Year-over-Year Change
61.93%
Date Range
1/1/1990 - 1/1/2013
Summary
This economic trend measures the annual sum of the national currency's value over component sub-periods, providing insights into long-term currency fluctuations.
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 trend tracks the aggregated value of a country's national currency over the course of a year. This metric is useful for analyzing broad trends in a currency's valuation and is often utilized by economists and policymakers to assess macroeconomic conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is commonly referenced in discussions of exchange rate policies and international trade dynamics.
Key Facts
- The trend has been tracked since the 1970s.
- It is measured in the national currency's unit of account.
- The data is released on a yearly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of a country's national currency over the course of a year, providing insights into long-term currency fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This trend is useful for analyzing broad trends in a currency's valuation and is often utilized by economists and policymakers to assess macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is commonly referenced in discussions of exchange rate policies and international trade dynamics.
Q: Are there update delays or limitations?
A: The data is released on a yearly basis, so there may be a delay in availability compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, National Currency, Sum Over Component Sub-periods, Annual (BPFADI03CAA636N), retrieved from FRED.