Exchange Rate to U.S. Dollar for Romania
FXRATEROA618NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.18
Year-over-Year Change
258.05%
Date Range
1/1/1957 - 1/1/2010
Summary
The Exchange Rate to U.S. Dollar for Romania is an economic indicator that tracks the value of the Romanian leu against the U.S. dollar. It is a key metric for assessing Romania's international trade 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 Romanian leu and the U.S. dollar is an important barometer of Romania's economic performance and integration with global markets. It influences the prices of imports and exports, and is closely monitored by policymakers and international investors.
Methodology
The data is collected and published by the U.S. Federal Reserve.
Historical Context
Exchange rate trends are closely analyzed by economists, central banks, and international organizations to inform monetary and trade policies.
Key Facts
- Romania officially adopted the leu as its currency in 1867.
- The leu-dollar exchange rate reached an all-time high of 4.8444 in 2020.
- Romania's exchange rate is managed in a floating regime by the National Bank of Romania.
FAQs
Q: What does this economic trend measure?
A: The Exchange Rate to U.S. Dollar for Romania measures the nominal exchange rate between the Romanian leu and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate is a critical indicator of Romania's international competitiveness and can impact trade, inflation, and capital flows.
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: Central banks and policymakers analyze exchange rate trends to inform monetary and trade policies.
Q: Are there update delays or limitations?
A: The data is published in a timely manner with minimal delays, though it may not capture intraday volatility.
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Citation
U.S. Federal Reserve, Exchange Rate to U.S. Dollar for Romania (FXRATEROA618NUPN), retrieved from FRED.