Labor Compensation: Earnings: Manufacturing and Mining: Hourly for Austria
Euro, Quarterly
LCEAMM01ATQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,898.42
Year-over-Year Change
8.39%
Date Range
1/1/1965 - 7/1/2022
Summary
The Euro, Quarterly series measures the quarterly exchange rate between the U.S. dollar and the euro. This key indicator is closely watched by economists, policymakers, and international businesses to assess economic conditions and manage currency risk.
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 value of the euro relative to the U.S. dollar on a quarterly basis. The exchange rate is a vital economic metric that reflects trade flows, capital movements, and relative economic performance between the two currency areas.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on daily market exchange rates.
Historical Context
The euro-dollar exchange rate is a major focus for monetary and trade policy, as well as financial market analysis.
Key Facts
- The euro was introduced in 1999 and is used by 19 of the 27 EU member states.
- The euro-dollar exchange rate reached a record high of 1.60 in 2008 and a record low of 0.82 in 2000.
- Changes in the euro-dollar rate can significantly impact the competitiveness of EU and U.S. exports.
FAQs
Q: What does this economic trend measure?
A: The Euro, Quarterly series tracks the quarterly average exchange rate between the U.S. dollar and the euro, the official currency of the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a critical indicator for economists, policymakers, and businesses engaged in international trade and finance, as fluctuations can have significant impacts on economic competitiveness and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on daily market exchange rates.
Q: How is this trend used in economic policy?
A: Central banks and governments monitor the euro-dollar exchange rate closely to assess the competitiveness of exports, manage trade imbalances, and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Euro, Quarterly series is published by the Federal Reserve with a lag of approximately one quarter, reflecting the time required to collect and process the underlying exchange rate data.
Related Trends
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Austria
QATNAM770A
Consumer Price Index: Harmonized Prices: Restaurants and Hotels (COICOP 11): Total for Austria
AUTCPHP1100GPM
Leading Indicators OECD: Component series: BTS - Production: Original series for Austria
AUTLOCOBPORSTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for Austria
AUTCP040200GYM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Austria
LREM74MAATQ156S
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Austria
LRUNTTTTATQ156S
Citation
U.S. Federal Reserve, Euro, Quarterly (LCEAMM01ATQ189N), retrieved from FRED.