Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Australia
Australian Dollar, Quarterly, Seasonally Adjusted
MANMM101AUQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,618,600,000,000.00
Year-over-Year Change
23.01%
Date Range
4/1/1960 - 7/1/2023
Summary
This trend measures the quarterly, seasonally adjusted value of the Australian dollar against a trade-weighted basket of currencies. It is a key indicator of Australia's international trade competitiveness and economic performance.
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 Australian Dollar, Quarterly, Seasonally Adjusted series tracks the relative strength of the Australian currency compared to major trading partners. It is widely used by economists, policymakers, and market analysts to assess Australia's export/import dynamics and overall economic health.
Methodology
The data is collected and calculated by the Australian Bureau of Statistics using a proprietary trade-weighted index formula.
Historical Context
Policymakers and central banks closely monitor this trend to inform monetary and fiscal decisions that impact the country's international trade and investment flows.
Key Facts
- The index is based on trade with Australia's 25 largest partners.
- The Australian dollar has appreciated over 30% against the U.S. dollar since 2000.
- Currency movements impact the competitiveness of Australian exports and imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted value of the Australian dollar against a trade-weighted basket of currencies.
Q: Why is this trend relevant for users or analysts?
A: The Australian Dollar, Quarterly, Seasonally Adjusted series is a key indicator of Australia's international trade competitiveness and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Australian Bureau of Statistics using a proprietary trade-weighted index formula.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor this trend to inform monetary and fiscal decisions that impact the country's international trade and investment flows.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and the index formula may not fully capture all factors influencing the Australian dollar's performance.
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Citation
U.S. Federal Reserve, Australian Dollar, Quarterly, Seasonally Adjusted (MANMM101AUQ189S), retrieved from FRED.