National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for France
Euro, Annual
NAEXKP03FRA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
574,477,800,000.00
Year-over-Year Change
16.90%
Date Range
1/1/1980 - 1/1/2022
Summary
The Euro, Annual trend measures the annual average exchange rate between the Euro and the U.S. Dollar. This key indicator is closely monitored by policymakers and market analysts to assess the relative strength of the European 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, Annual trend provides the average annual exchange rate between the Euro and the U.S. Dollar. This metric is widely used to analyze the purchasing power and international competitiveness of the European economy in relation to the United States.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on daily market exchange rates.
Historical Context
The Euro, Annual trend is an important input for economic policy decisions and market analyses.
Key Facts
- The Euro was introduced in 1999.
- The Euro is the official currency of 19 out of 27 EU member states.
- The Euro, Annual trend has ranged from 0.7335 to 1.3705 over the past two decades.
FAQs
Q: What does this economic trend measure?
A: The Euro, Annual trend measures the average annual exchange rate between the Euro and the U.S. Dollar.
Q: Why is this trend relevant for users or analysts?
A: The Euro, Annual trend is a key indicator of the relative strength and purchasing power of the European economy compared to the United States.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on daily market exchange rates.
Q: How is this trend used in economic policy?
A: The Euro, Annual trend is an important input for policymakers and market analysts assessing the competitiveness and performance of the European economy.
Q: Are there update delays or limitations?
A: The Euro, Annual trend is updated annually by the Federal Reserve with a short publication delay.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for France
FRACP100000GYM
Harmonized Index of Consumer Prices: Non-Alcoholic Beverages for France
CP0120FRM086NEST
Bank's Cost to Income Ratio for France
DDEI07FRA156NWDB
Nominal Gross Fixed Capital Formation for France
NFISAXDCFRQ
Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for France
CP0121FRM086NEST
Total Reserves excluding Gold for France
TRESEGFRM052N
Citation
U.S. Federal Reserve, Euro, Annual (NAEXKP03FRA189S), retrieved from FRED.