Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Russia

Russian Ruble, Annual, Not Seasonally Adjusted

MANMM101RUA189N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

15,432,700,000,000.00

Year-over-Year Change

204.83%

Date Range

1/1/1995 - 1/1/2022

Summary

The Russian Ruble, Annual, Not Seasonally Adjusted trend measures the annual exchange rate between the Russian ruble and the U.S. dollar. This metric is crucial for economists and policymakers to analyze Russia's economic performance and global 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

This trend represents the annual average exchange rate of the Russian ruble against the U.S. dollar. It is an important indicator of Russia's economic strength, international competitiveness, and currency stability, providing context for trade, investment, and policy decisions.

Methodology

The data is collected by the U.S. Federal Reserve based on market exchange rates.

Historical Context

Analysts and policymakers use this trend to evaluate Russia's macroeconomic conditions and the impact of economic and geopolitical factors on the ruble's value.

Key Facts

  • The Russian ruble is the official currency of Russia.
  • The ruble experienced significant volatility during the 2014 Russian financial crisis.
  • Russia is one of the world's largest exporters of oil and natural gas.

FAQs

Q: What does this economic trend measure?

A: This trend measures the annual average exchange rate between the Russian ruble and the U.S. dollar, providing insight into Russia's currency value and economic performance.

Q: Why is this trend relevant for users or analysts?

A: The ruble exchange rate is a crucial indicator for evaluating Russia's economic strength, international competitiveness, and the impact of economic and geopolitical factors on the country's currency.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Federal Reserve based on market exchange rates.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this trend to assess Russia's macroeconomic conditions and the implications for trade, investment, and policy decisions.

Q: Are there update delays or limitations?

A: The data is provided on an annual basis, so it may not capture short-term fluctuations in the ruble exchange rate.

Related Trends

Citation

U.S. Federal Reserve, Russian Ruble, Annual, Not Seasonally Adjusted (MANMM101RUA189N), retrieved from FRED.