National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for France
Euro, Quarterly
NAEXKP01FRQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
592,897,400,000.00
Year-over-Year Change
5.20%
Date Range
1/1/1980 - 7/1/2023
Summary
The Euro, Quarterly trend measures the exchange rate between the Euro and U.S. Dollar on a quarterly basis. This metric is crucial for economists and policymakers to assess international trade, inflation, and the broader health of the global economy.
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 Euro, Quarterly series tracks the nominal exchange rate between the Euro and U.S. Dollar, updated at the end of each calendar quarter. This data is widely used to analyze the competitiveness of European exports, the purchasing power of consumers, and the flow of international capital and investments.
Methodology
The exchange rate data is collected by the U.S. Federal Reserve from foreign exchange markets.
Historical Context
Policymakers and market analysts closely monitor the Euro-Dollar exchange rate to gauge macroeconomic conditions and guide monetary and fiscal policies.
Key Facts
- The Euro was introduced in 1999 and is the official currency of 19 EU member states.
- The Euro-Dollar exchange rate has fluctuated between 0.85 and 1.20 over the past decade.
- Movements in the Euro-Dollar rate impact the price competitiveness of European exports.
FAQs
Q: What does this economic trend measure?
A: The Euro, Quarterly trend measures the nominal exchange rate between the Euro and U.S. Dollar, updated at the end of each calendar quarter.
Q: Why is this trend relevant for users or analysts?
A: The Euro-Dollar exchange rate is a crucial indicator for assessing international trade, inflation, and the broader health of the global economy.
Q: How is this data collected or calculated?
A: The exchange rate data is collected by the U.S. Federal Reserve from foreign exchange markets.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the Euro-Dollar exchange rate to guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Euro, Quarterly data is released at the end of each calendar quarter with no significant delays.
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Citation
U.S. Federal Reserve, Euro, Quarterly (NAEXKP01FRQ189S), retrieved from FRED.