International Merchandise Trade Statistics: Exports: Commodities for Portugal
Euro, Monthly, Not Seasonally Adjusted
XTEXVA01PTM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,014,400,000.00
Year-over-Year Change
2.54%
Date Range
1/1/1955 - 5/1/2025
Summary
The 'Euro, Monthly, Not Seasonally Adjusted' series tracks the end-of-month exchange rate between the U.S. dollar and the euro. This metric is crucial for analyzing international trade, foreign investment, and exchange rate policy.
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 U.S. dollar price of the euro on the last trading day of each month, without seasonal adjustments. It is a key indicator for evaluating the relative strength of the two currencies and their impacts on the global economy.
Methodology
The data is collected by the U.S. Federal Reserve from foreign exchange markets.
Historical Context
Policymakers and analysts use this exchange rate trend to inform decisions about trade, monetary policy, and financial markets.
Key Facts
- The euro was introduced in 1999 and is the official currency of 19 EU member states.
- The U.S. dollar is the world's primary reserve currency, held by central banks and used in global trade.
- Exchange rates fluctuate based on factors like economic growth, inflation, and interest rate policies.
FAQs
Q: What does this economic trend measure?
A: This series tracks the end-of-month U.S. dollar price of the euro, providing a gauge of the relative strength of the two currencies.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a crucial indicator for evaluating international trade, foreign investment flows, and the impacts of exchange rate movements on the global economy.
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 use this exchange rate trend to inform decisions about trade, monetary policy, and financial markets.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant publication delays.
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Citation
U.S. Federal Reserve, Euro, Monthly, Not Seasonally Adjusted (XTEXVA01PTM664N), retrieved from FRED.