Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Switzerland
Swiss Franc, Annual
CCUSMA02CHA618N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.88
Year-over-Year Change
-6.07%
Date Range
1/1/1957 - 1/1/2024
Summary
The Swiss Franc, Annual trend measures the average value of the Swiss franc against the U.S. dollar over a calendar year. It is a key indicator of Switzerland's economic performance and international competitiveness.
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 Swiss franc is the official currency of Switzerland and Liechtenstein. This annual data series tracks the average exchange rate between the Swiss franc and the U.S. dollar, providing insight into Switzerland's economic conditions and trade dynamics.
Methodology
The data is collected by the U.S. Federal Reserve from various market sources.
Historical Context
The Swiss franc trend is closely monitored by policymakers, investors, and analysts to assess Switzerland's macroeconomic position and the country's import/export activity.
Key Facts
- The Swiss franc is one of the world's most stable and widely traded currencies.
- Switzerland has maintained a floating exchange rate regime since 1999.
- The Swiss National Bank closely monitors the franc's value to support economic and price stability.
FAQs
Q: What does this economic trend measure?
A: The Swiss Franc, Annual trend measures the average value of the Swiss franc against the U.S. dollar over a calendar year.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Switzerland's economic performance and international competitiveness, which is closely monitored by policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve from various market sources.
Q: How is this trend used in economic policy?
A: The Swiss franc trend is used by policymakers, investors, and analysts to assess Switzerland's macroeconomic position and the country's import/export activity.
Q: Are there update delays or limitations?
A: The data is published annually, with potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Swiss Franc, Annual (CCUSMA02CHA618N), retrieved from FRED.