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

Russian Ruble, Annual, Seasonally Adjusted

MANMM101RUA189S • 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, Seasonally Adjusted trend measures the annual exchange rate between the Russian ruble and the U.S. dollar, adjusted for seasonal variations. This metric is crucial for analyzing Russia's economic performance and its integration with global financial markets.

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 Russian Ruble, Annual, Seasonally Adjusted series tracks the yearly average value of the Russian ruble relative to the U.S. dollar, with adjustments made to account for regular seasonal patterns. This exchange rate is a key indicator of Russia's economic health and its trade competitiveness on the international stage.

Methodology

The data is collected by the U.S. Federal Reserve through monitoring of international currency markets.

Historical Context

Policymakers and analysts use this trend to assess Russia's macroeconomic conditions and the impacts of monetary and fiscal policies.

Key Facts

  • The Russian ruble is the official currency of the Russian Federation.
  • Russia is one of the world's largest economies and a major player in global energy markets.
  • Exchange rate fluctuations can significantly impact Russia's trade balance and economic growth.

FAQs

Q: What does this economic trend measure?

A: The Russian Ruble, Annual, Seasonally Adjusted trend measures the yearly average exchange rate between the Russian ruble and the U.S. dollar, with adjustments made to account for regular seasonal patterns.

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

A: This trend is crucial for analyzing Russia's economic performance and its integration with global financial markets, as the ruble exchange rate is a key indicator of the country's trade competitiveness and macroeconomic conditions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Federal Reserve through monitoring of international currency markets.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to assess Russia's macroeconomic conditions and the impacts of monetary and fiscal policies on the country's exchange rate and trade balance.

Q: Are there update delays or limitations?

A: The data is published regularly by the U.S. Federal Reserve, with potential delays and limitations due to the complexities of international currency markets and data collection processes.

Related Trends

Citation

U.S. Federal Reserve, Russian Ruble, Annual, Seasonally Adjusted (MANMM101RUA189S), retrieved from FRED.