Sales: Manufacturing: Intermediate Goods: Value for Euro Area (19 Countries)
Annual, Not Seasonally Adjusted
SLMNIG02EZA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.38
Year-over-Year Change
48.70%
Date Range
1/1/1990 - 1/1/2022
Summary
This series measures the annual, not seasonally adjusted Nicaraguan nominal exchange rate against the U.S. dollar. It is a key indicator of a country's economic performance 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 annual, not seasonally adjusted Nicaraguan nominal exchange rate tracks the value of the Nicaraguan córdoba relative to the U.S. dollar over a one-year period. This metric is widely used by economists and policymakers to assess a country's international competitiveness, trade balance, and macroeconomic stability.
Methodology
The data is collected and reported by the Central Bank of Nicaragua.
Historical Context
Exchange rate trends influence a country's import/export activity, inflation, and overall economic conditions.
Key Facts
- The Nicaraguan córdoba has been pegged to the U.S. dollar since 2018.
- Nicaragua's exchange rate has remained relatively stable over the past decade.
- The exchange rate is a crucial factor in Nicaragua's import/export competitiveness.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted nominal exchange rate between the Nicaraguan córdoba and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate is a key indicator of a country's international competitiveness, trade balance, and macroeconomic stability, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Nicaragua.
Q: How is this trend used in economic policy?
A: Exchange rate trends influence a country's import/export activity, inflation, and overall economic conditions, making this metric important for informing monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data is reported promptly by the Central Bank of Nicaragua with no significant delays or limitations.
Related Trends
Harmonized Index of Consumer Prices: Fully Administered Prices for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
APFULLEZCCM086NEST
International Trade: Imports: Value (Goods): Total for the Euro Area (19 Countries)
XTIMVA01EZM664S
Unemployed Population: Aged 55-64: Males for the Euro Area (19 Countries)
LFUN55MAEZQ647S
Activity Rate: Aged 15-64: All Persons for the Euro Area (19 Countries)
LRAC64TTEZQ156S
Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Euro Area (18 countries)
00XTOBEZ18M086NEST
Balance of Payments BPM6: Capital Account: Capital Account Balance: Capital Account Balance for the Euro Area (19 Countries)
EA19B6CATT00NCCUQ
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SLMNIG02EZA661N), retrieved from FRED.