Labor Compensation: Earnings: All Activities: Hourly for Spain
Euro, Annual, Not Seasonally Adjusted
LCEATT01ESA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.50
Year-over-Year Change
16.16%
Date Range
1/1/1981 - 1/1/2022
Summary
This trend measures the annual exchange rate between the Euro and the U.S. dollar on a not seasonally adjusted basis. It is a key indicator of the relative strength of the Euro currency and the health of the Eurozone economy.
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/USD exchange rate is a widely watched economic indicator that reflects the value of the Euro relative to the U.S. dollar. It is used by policymakers, analysts, and businesses to assess the competitiveness of Eurozone exports and the purchasing power of European consumers.
Methodology
The data is collected and published by the Federal Reserve based on market exchange rates.
Historical Context
The Euro/USD exchange rate is closely monitored for its implications on trade, inflation, and monetary policy decisions.
Key Facts
- The Euro was introduced in 1999 and is used by 19 EU member states.
- The Euro/USD rate reached a historic high of 1.60 in 2008.
- Exchange rates impact the competitiveness of Eurozone exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual exchange rate between the Euro and the U.S. dollar on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Euro/USD exchange rate is a key indicator of the relative strength of the Euro and the health of the Eurozone economy, with implications for trade, inflation, and monetary policy.
Q: How is this data collected or calculated?
A: The data is collected and published by the Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The Euro/USD exchange rate is closely monitored by policymakers, analysts, and businesses for its implications on trade, inflation, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published annually by the Federal Reserve with no significant update delays.
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Labor Compensation: Earnings: All Activities: Hourly for Spain
LCEATT01ESQ189N
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PRINTO01ESQ657S
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PRMNTO01ESA657S
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Citation
U.S. Federal Reserve, Euro, Annual, Not Seasonally Adjusted (LCEATT01ESA189N), retrieved from FRED.