Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Sweden
Swedish Krona, Quarterly, Seasonally Adjusted
MANMM101SEQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,883,900,173,143.43
Year-over-Year Change
27.84%
Date Range
1/1/1998 - 10/1/2018
Summary
This economic trend measures the quarterly, seasonally adjusted exchange rate of the Swedish krona against the U.S. dollar. It is an important indicator for analyzing Sweden's international trade and competitiveness.
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 Swedish krona exchange rate reflects the relative value of the Swedish currency compared to the U.S. dollar. This data is used by economists, policymakers, and businesses to assess Sweden's economic performance and trade position.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Historical Context
The Swedish krona exchange rate is closely monitored for its implications on Sweden's exports, imports, and overall economic stability.
Key Facts
- The Swedish krona is the official currency of Sweden.
- Sweden is a major exporter of goods like machinery, motor vehicles, and pharmaceuticals.
- The krona exchange rate is an important factor in Sweden's international competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted exchange rate of the Swedish krona against the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The Swedish krona exchange rate is an important indicator for analyzing Sweden's international trade performance and overall economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Q: How is this trend used in economic policy?
A: The Swedish krona exchange rate is closely monitored by policymakers, economists, and businesses for its implications on Sweden's exports, imports, and overall economic stability.
Q: Are there update delays or limitations?
A: The data is provided on a quarterly basis and may be subject to revisions by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Swedish Krona, Quarterly, Seasonally Adjusted (MANMM101SEQ189S), retrieved from FRED.