Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: National Currency: USD for Russia
CCUSSP02RUM650N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.88
Year-over-Year Change
45.53%
Date Range
6/1/1992 - 11/1/2023
Summary
This economic trend measures the spot exchange rate of the U.S. dollar against the Russian ruble at the end of each period. It is a key indicator for analyzing trade, foreign investment, and economic relations between the two countries.
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 U.S. dollar to Russian ruble exchange rate represents the price of the U.S. dollar in terms of the Russian national currency. This data is widely used by economists, policymakers, and market analysts to assess the relative strength of the two currencies and its impact on cross-border transactions.
Methodology
The data is collected and published by the U.S. Federal Reserve.
Historical Context
This exchange rate is closely monitored for its implications on international trade, capital flows, and economic policy decisions.
Key Facts
- The U.S. dollar to Russian ruble exchange rate is quoted as the number of rubles per U.S. dollar.
- The exchange rate is published as the end-of-period value on a daily basis.
- This data series began in January 1999 and is updated regularly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the spot exchange rate of the U.S. dollar against the Russian ruble at the end of each period. It represents the price of the U.S. dollar in terms of the Russian national currency.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar to Russian ruble exchange rate is a key indicator for analyzing trade, foreign investment, and economic relations between the two countries. It is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This exchange rate data is used to inform decisions on international trade, capital flows, and monetary policy between the U.S. and Russia.
Q: Are there update delays or limitations?
A: This data series is updated regularly by the Federal Reserve with no significant delays.
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Citation
U.S. Federal Reserve, Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: National Currency: USD for Russia (CCUSSP02RUM650N), retrieved from FRED.