Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for France
Euro, Quarterly
CCUSMA02FRQ618N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.88
Year-over-Year Change
-6.16%
Date Range
1/1/1957 - 4/1/2025
Summary
The Euro, Quarterly trend measures the exchange rate between the U.S. dollar and the euro on a quarterly basis. This data is crucial for analyzing international trade, investment flows, and the relative strength of national economies.
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 Euro, Quarterly series tracks the U.S. dollar's value compared to the euro, the official currency of the European Union. This cross-rate is a key indicator of economic conditions and can impact the competitiveness of exports, the purchasing power of consumers, and the investment decisions of multinational corporations.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Policymakers and market analysts closely monitor the Euro, Quarterly trend to assess trade balances, inflationary pressures, and the overall health of the global economy.
Key Facts
- The euro was introduced in 1999 as the official currency of the European Union.
- The Euro, Quarterly trend reached its highest point in July 2008 at 1.58 dollars per euro.
- Fluctuations in the Euro, Quarterly rate can significantly impact the profits of multinational corporations.
FAQs
Q: What does this economic trend measure?
A: The Euro, Quarterly trend measures the exchange rate between the U.S. dollar and the euro, the official currency of the European Union, on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Euro, Quarterly trend is a crucial indicator for analyzing international trade, investment flows, and the relative strength of national economies.
Q: How is this data collected or calculated?
A: The data for the Euro, Quarterly trend is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the Euro, Quarterly trend to assess trade balances, inflationary pressures, and the overall health of the global economy.
Q: Are there update delays or limitations?
A: The Euro, Quarterly data is released on a timely basis with minimal delays, providing up-to-date information for economic analysis and decision-making.
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Citation
U.S. Federal Reserve, Euro, Quarterly (CCUSMA02FRQ618N), retrieved from FRED.