National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Portugal
Euro, Quarterly
NAEXKP04PTQ652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,048,108,000.00
Year-over-Year Change
11.35%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic indicator measures the value of the Euro currency against the U.S. dollar on a quarterly basis. It provides insight into currency exchange rates and international 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
The Euro, Quarterly series tracks the Euro's exchange rate with the U.S. dollar, a key metric for analyzing global commerce, capital flows, and the relative economic strength of the Eurozone and U.S. economies.
Methodology
The data is collected by the U.S. Federal Reserve through foreign exchange market observations.
Historical Context
This trend is closely monitored by economists, policymakers, and international businesses to assess macroeconomic conditions and guide strategic decisions.
Key Facts
- The Euro was introduced in 1999 as the official currency of the Eurozone.
- The Euro is the second most traded currency globally after the U.S. dollar.
- Exchange rate fluctuations impact cross-border trade, investment, and business operations.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly value of the Euro currency in relation to the U.S. dollar, a key exchange rate for analyzing global trade and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: The Euro-dollar exchange rate is a critical data point for economists, policymakers, and international businesses to assess macroeconomic performance, guide strategic decisions, and manage currency risk.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through observations of foreign exchange market transactions.
Q: How is this trend used in economic policy?
A: Central banks, governments, and multinational firms closely monitor the Euro-dollar exchange rate to inform monetary policies, trade negotiations, and international business strategies.
Q: Are there update delays or limitations?
A: The quarterly Euro exchange rate data is published by the Federal Reserve with a relatively short delay, providing timely information for economic analysis and decision-making.
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Citation
U.S. Federal Reserve, Euro, Quarterly (NAEXKP04PTQ652S), retrieved from FRED.