National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Russia
Russian Ruble, Annual
NAEXKP04RUA652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,491,521,900,000.00
Year-over-Year Change
57.67%
Date Range
1/1/2003 - 1/1/2016
Summary
This series tracks the annual average exchange rate of the Russian ruble against the U.S. dollar. It is a key indicator of Russia's economic performance and global 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 Russian ruble is the official currency of the Russian Federation. The annual average exchange rate reflects the ruble's value relative to the U.S. dollar over a 12-month period, providing insight into Russia's trade balance, inflation, and macroeconomic conditions.
Methodology
The data is collected and reported by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The ruble exchange rate is closely monitored by policymakers, investors, and analysts to assess Russia's economic health and competitiveness.
Key Facts
- The Russian ruble is one of the world's most actively traded emerging market currencies.
- Russia's ruble exchange rate has experienced significant volatility in recent years.
- The ruble's value is influenced by factors such as oil prices, sanctions, and domestic monetary policy.
FAQs
Q: What does this economic trend measure?
A: This series tracks the annual average exchange rate of the Russian ruble against the U.S. dollar, a key indicator of Russia's economic performance and global trade dynamics.
Q: Why is this trend relevant for users or analysts?
A: The ruble exchange rate is closely monitored by policymakers, investors, and analysts to assess Russia's economic health, trade competitiveness, and macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The ruble exchange rate is a key input for policymakers and institutions when evaluating Russia's economic performance, trade dynamics, and the impacts of sanctions or other policy measures.
Q: Are there update delays or limitations?
A: The annual average exchange rate data is published with a lag, and may not fully capture short-term volatility in the ruble's value.
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Citation
U.S. Federal Reserve, Russian Ruble, Annual (NAEXKP04RUA652S), retrieved from FRED.