International Merchandise Trade Statistics: Exports: Commodities for Ireland
Euro, Monthly, Not Seasonally Adjusted
XTEXVA01IEM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,827,600,000.00
Year-over-Year Change
12.91%
Date Range
1/1/1955 - 4/1/2025
Summary
This trend measures the nominal exchange rate between the U.S. dollar and the euro on a monthly basis, without seasonal adjustment. It is a key indicator of international trade and capital flows.
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/U.S. dollar exchange rate is a widely-tracked economic indicator that reflects the relative strength of the two currencies. This unadjusted monthly data is used by economists and policymakers to analyze exchange rate dynamics and their impacts on import/export activity, foreign investment, and international competitiveness.
Methodology
The data is collected by the U.S. Federal Reserve from foreign exchange markets.
Historical Context
The euro/dollar exchange rate is closely monitored by central banks, governments, and financial markets for its implications on trade, inflation, and economic growth.
Key Facts
- The euro was introduced in 1999, replacing national currencies in the Eurozone.
- The euro is the second most widely traded currency after the U.S. dollar.
- Exchange rates fluctuate based on economic conditions, trade flows, and interest rate differentials.
FAQs
Q: What does this economic trend measure?
A: This trend measures the nominal monthly exchange rate between the U.S. dollar and the euro, without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The euro/dollar exchange rate is a crucial indicator of international trade and capital flows that is closely watched by economists, policymakers, and financial markets.
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: Central banks, governments, and financial institutions use the euro/dollar exchange rate to analyze trade dynamics, inform monetary policy decisions, and assess economic competitiveness.
Q: Are there update delays or limitations?
A: The data is published monthly with no known update delays, but may not capture intraday exchange rate volatility.
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Citation
U.S. Federal Reserve, Euro, Monthly, Not Seasonally Adjusted (XTEXVA01IEM664N), retrieved from FRED.