Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Brazil
Brazilian Real, Monthly, Not Seasonally Adjusted
MANMM101BRM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
618,650,095,000.00
Year-over-Year Change
1.94%
Date Range
7/1/1994 - 11/1/2023
Summary
The Brazilian Real, Monthly, Not Seasonally Adjusted data series measures the monthly exchange rate between the Brazilian real and the U.S. dollar. This metric is a key indicator of Brazil's economic performance and international trade dynamics.
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 Brazilian real is Brazil's national currency. This data series tracks the monthly nominal exchange rate between the real and the U.S. dollar on an unadjusted basis. It provides insight into the relative strength of the Brazilian economy and can inform policy decisions, investment strategies, and trade analysis.
Methodology
The data is collected by the U.S. Federal Reserve from official exchange rate sources.
Historical Context
The Brazilian real exchange rate is closely monitored by policymakers, investors, and analysts for its implications on Brazil's economic competitiveness and international trade flows.
Key Facts
- The Brazilian real is the official currency of Brazil.
- Brazil is one of the world's largest emerging economies.
- Exchange rates impact a country's import/export competitiveness.
FAQs
Q: What does this economic trend measure?
A: This data series measures the monthly nominal exchange rate between the Brazilian real and the U.S. dollar on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Brazilian real exchange rate is a key indicator of Brazil's economic performance and international trade dynamics, informing policy decisions, investment strategies, and trade analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve from official exchange rate sources.
Q: How is this trend used in economic policy?
A: The Brazilian real exchange rate is closely monitored by policymakers, investors, and analysts for its implications on Brazil's economic competitiveness and international trade flows.
Q: Are there update delays or limitations?
A: The data is provided on a monthly basis with no known update delays or limitations.
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NAEXKP01BRQ652S
Real Exports of Goods and Services for Brazil
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Citation
U.S. Federal Reserve, Brazilian Real, Monthly, Not Seasonally Adjusted (MANMM101BRM189N), retrieved from FRED.