International Merchandise Trade Statistics: Imports: Commodities for Switzerland
Swiss Franc, Annual, Not Seasonally Adjusted
XTIMVA01CHA664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
222,566,100,000.00
Year-over-Year Change
25.90%
Date Range
1/1/1955 - 1/1/2024
Summary
The Swiss Franc, Annual, Not Seasonally Adjusted series measures the annual exchange rate between the Swiss franc and the U.S. dollar. This metric is crucial for analyzing trade, investment, and economic conditions between Switzerland and its global partners.
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 Swiss franc is the official currency of Switzerland and Liechtenstein. This annual exchange rate data point reflects the purchasing power parity between the Swiss franc and the U.S. dollar, providing important context for economic analysis and policymaking.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Economists and policymakers use this exchange rate trend to gauge Switzerland's economic performance and trade dynamics.
Key Facts
- The Swiss franc is one of the world's most stable and widely traded currencies.
- Switzerland has maintained a floating exchange rate regime since 1973.
- The Swiss National Bank closely monitors the franc's exchange rate to support economic and price stability.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual average exchange rate between the Swiss franc and the U.S. dollar, providing insight into the purchasing power parity between the two currencies.
Q: Why is this trend relevant for users or analysts?
A: The Swiss franc exchange rate is a key indicator for evaluating Switzerland's trade competitiveness, economic performance, and the global demand for the Swiss currency.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this exchange rate trend to assess Switzerland's trade dynamics, monitor inflationary pressures, and inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual exchange rate data is released with a lag, and may not fully reflect short-term currency market fluctuations.
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Switzerland
CHECP010000IXOBQ
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Citation
U.S. Federal Reserve, Swiss Franc, Annual, Not Seasonally Adjusted (XTIMVA01CHA664N), retrieved from FRED.