International Merchandise Trade Statistics: Exports: Commodities for Estonia
Euro, Monthly, Not Seasonally Adjusted
XTEXVA01EEM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,563,400,000.00
Year-over-Year Change
2.65%
Date Range
1/1/1993 - 4/1/2025
Summary
This trend measures the monthly exchange rate between the Euro and the U.S. dollar, providing insights into relative currency values and their economic implications.
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/USD exchange rate is a key indicator of global trade and financial market conditions. It reflects the relative strength and stability of the two major economies and impacts factors like international commerce, investment flows, and monetary policy.
Methodology
The data is collected by the U.S. Federal Reserve from foreign exchange markets.
Historical Context
Policymakers and analysts closely monitor the Euro/USD exchange rate to assess economic performance and guide decisions.
Key Facts
- The Euro was introduced in 1999 and is the official currency of 19 EU member states.
- The Euro/USD exchange rate reached an all-time high of 1.60 in 2008 and a low of 0.85 in 2000.
- Exchange rate fluctuations impact the relative prices of goods and services between the Eurozone and the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate between the Euro and the U.S. dollar, providing insight into the relative values of the two currencies.
Q: Why is this trend relevant for users or analysts?
A: The Euro/USD exchange rate is a key indicator of global trade and financial market conditions, impacting international commerce, investment flows, and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve from foreign exchange markets.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Euro/USD exchange rate to assess economic performance and guide decisions related to trade, investment, and monetary policy.
Q: Are there update delays or limitations?
A: The data is reported monthly, with minimal delay, and represents the market exchange rate between the Euro and U.S. dollar.
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Citation
U.S. Federal Reserve, Euro, Monthly, Not Seasonally Adjusted (XTEXVA01EEM664N), retrieved from FRED.