International Trade: Exports: Value (Goods): Total for the Euro Area (19 Countries)
Euro, monthly level, Quarterly, Not Seasonally Adjusted
XTEXVA01EZQ664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
724,067,600,000.00
Year-over-Year Change
28.08%
Date Range
1/1/1990 - 1/1/2023
Summary
This trend measures the monthly level of the Euro currency, reported quarterly and not seasonally adjusted. It provides important insights into exchange rate dynamics and international trade patterns.
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 monthly level trend represents the value of the Euro currency against a basket of other global currencies. It is a key indicator used by economists, policymakers, and market analysts to assess the strength and competitiveness of the Eurozone economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is widely referenced in discussions of monetary policy, international trade, and Eurozone economic performance.
Key Facts
- The Euro is the official currency of 19 of the 27 European Union member states.
- The Euro was introduced in 1999 and became physical currency in 2002.
- The Euro is the second most traded currency in the global foreign exchange market after the U.S. dollar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of the Euro currency, reported quarterly and not seasonally adjusted. It reflects the value of the Euro against other major global currencies.
Q: Why is this trend relevant for users or analysts?
A: The Euro monthly level trend is a crucial indicator for understanding exchange rate dynamics, international trade patterns, and the overall performance of the Eurozone economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is widely referenced by policymakers, economists, and market analysts when discussing monetary policy, international competitiveness, and Eurozone economic conditions.
Q: Are there update delays or limitations?
A: The data is reported quarterly and may have a short delay in publication, but it provides a reliable and comprehensive representation of the monthly Euro level.
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Citation
U.S. Federal Reserve, Euro, monthly level, Quarterly, Not Seasonally Adjusted (XTEXVA01EZQ664N), retrieved from FRED.