Exchange Rate to U.S. Dollar for Mauritania
FXRATEMRA618NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
272.66
Year-over-Year Change
44.67%
Date Range
1/1/1950 - 1/1/2010
Summary
The Exchange Rate to U.S. Dollar for Mauritania measures the value of the Mauritanian ouguiya in relation to the U.S. dollar. This metric is crucial for understanding Mauritania's international trade dynamics and 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 exchange rate between the Mauritanian ouguiya and the U.S. dollar is an important economic indicator that reflects the relative strength of Mauritania's currency. It influences the purchasing power of Mauritania's imports and exports, and is closely monitored by policymakers, businesses, and investors.
Methodology
The data is collected and reported by the Central Bank of Mauritania.
Historical Context
The exchange rate is a key input for Mauritania's monetary and trade policies.
Key Facts
- Mauritania's currency is the ouguiya.
- The exchange rate is quoted as ouguiyas per U.S. dollar.
- Mauritania is a major exporter of iron ore, fish, and minerals.
FAQs
Q: What does this economic trend measure?
A: The Exchange Rate to U.S. Dollar for Mauritania measures the value of the Mauritanian ouguiya relative to the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate is crucial for understanding Mauritania's international trade and competitiveness, as it affects the purchasing power of its imports and exports.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Mauritania.
Q: How is this trend used in economic policy?
A: The exchange rate is a key input for Mauritania's monetary and trade policies, as policymakers monitor it closely.
Q: Are there update delays or limitations?
A: The data is published regularly by the Central Bank of Mauritania, but may be subject to occasional delays or revisions.
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Citation
U.S. Federal Reserve, Exchange Rate to U.S. Dollar for Mauritania (FXRATEMRA618NUPN), retrieved from FRED.