Exchange Rate (market+estimated) for Japan
XRNCUSJPA618NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.01
Year-over-Year Change
-7.43%
Date Range
1/1/1950 - 1/1/2019
Summary
The Exchange Rate (market+estimated) for Japan measures the value of the Japanese yen relative to the U.S. dollar. This trend is a key economic indicator used by policymakers and analysts to assess Japan's trade competitiveness and monitor potential currency manipulation.
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
This series represents the foreign exchange rate between the Japanese yen and the U.S. dollar, including both market-observed and estimated exchange rates. It provides a comprehensive view of the yen's value against the dollar, which is crucial for evaluating Japan's trade position and international economic influence.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market observations and estimations.
Historical Context
The exchange rate is closely watched by policymakers, central banks, and market participants to inform decisions on trade, monetary policy, and international economic strategies.
Key Facts
- The Japanese yen is one of the world's major reserve currencies.
- Japan is the third-largest economy and a key U.S. trade partner.
- Exchange rate fluctuations can impact Japan's export competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the exchange rate between the Japanese yen and the U.S. dollar, including both market-observed and estimated values.
Q: Why is this trend relevant for users or analysts?
A: The yen-dollar exchange rate is a crucial economic indicator used to assess Japan's trade competitiveness, monitor potential currency manipulation, and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market observations and estimations.
Q: How is this trend used in economic policy?
A: The exchange rate is closely watched by policymakers, central banks, and market participants to inform decisions on trade, monetary policy, and international economic strategies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays, providing a timely and comprehensive view of the yen-dollar exchange rate.
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Citation
U.S. Federal Reserve, Exchange Rate (market+estimated) for Japan (XRNCUSJPA618NRUG), retrieved from FRED.