Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Euro Area (19 Countries)
Euro, Quarterly, Seasonally Adjusted
MANMM101EZQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,546,826,883,437.30
Year-over-Year Change
6.22%
Date Range
1/1/1970 - 7/1/2023
Summary
The 'Euro, Quarterly, Seasonally Adjusted' series tracks the value of the euro relative to other major currencies on a quarterly basis, with adjustments made for seasonal factors.
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
This economic trend provides insight into the strength and stability of the euro, which is a critical indicator for international trade, investment, and economic policy. It is closely monitored by economists, financial analysts, and policymakers.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using a proprietary methodology.
Historical Context
The euro-dollar exchange rate is a key barometer for global economic conditions and the effectiveness of monetary policies.
Key Facts
- The euro is the official currency of 19 of the 27 member states of the European Union.
- The euro was introduced in 1999 and is the second most widely traded currency after the U.S. dollar.
- The euro-dollar exchange rate is a major indicator of the relative strength of the U.S. and European economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the euro relative to other major currencies, such as the U.S. dollar, on a quarterly basis, with adjustments made for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a critical indicator for international trade, investment, and economic policy, and is closely monitored by economists, financial analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using a proprietary methodology.
Q: How is this trend used in economic policy?
A: The euro-dollar exchange rate is a key barometer for global economic conditions and the effectiveness of monetary policies, and is used by policymakers and analysts to inform decision-making.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, and there may be some delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Euro, Quarterly, Seasonally Adjusted (MANMM101EZQ189S), retrieved from FRED.