International Merchandise Trade Statistics: Trade Balance: Commodities for France
Euro, Annual, Seasonally Adjusted
XTNTVA01FRA664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-103,750,700,000.00
Year-over-Year Change
27.25%
Date Range
1/1/1970 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted value of the euro currency in relation to the U.S. dollar. It provides important insights into international exchange rates and macroeconomic conditions.
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, Annual, Seasonally Adjusted series tracks the annual average exchange rate between the euro and the U.S. dollar, with seasonal variations removed. This metric is widely followed by economists, policymakers, and market participants to gauge the relative strength of the euro and analyze its impact on trade, investment, and inflation.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Changes in the euro-dollar exchange rate have significant implications for international trade, monetary policy, and asset prices.
Key Facts
- The euro was introduced in 1999 as the official currency of the European Union.
- The euro-dollar exchange rate reached an all-time high of 1.60 in 2008.
- Exchange rate fluctuations impact the cost of imports and exports for businesses.
FAQs
Q: What does this economic trend measure?
A: The Euro, Annual, Seasonally Adjusted series tracks the annual average exchange rate between the euro and the U.S. dollar, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: Changes in the euro-dollar exchange rate have significant implications for international trade, monetary policy, and asset prices, making this metric widely followed by economists, policymakers, and market participants.
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: Central banks and governments closely monitor exchange rate trends to inform monetary and trade policies, as well as to assess the competitiveness of domestic industries in global markets.
Q: Are there update delays or limitations?
A: The Euro, Annual, Seasonally Adjusted series is updated on a regular basis by the Federal Reserve, with minimal publication delays.
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Broad Effective Exchange Rate for France
NBFRBIS
Percentage of Foreign Bank Assets Among Total Bank Assets for France
DDOI14FRA156NWDB
Harmonized Index of Consumer Prices: Furniture and Furnishings for France
CP0511FRM086NEST
Gross Portfolio Debt Liabilities to GDP for France
DDDM10FRA156NWDB
Balance of Payments: Other Investment: Assets (or Net Acquisition of Assets) for France
FRAB6FAOI02CXCUQ
Harmonized Index of Consumer Prices: Passenger Transport by Railway for France
CP0731FRM086NEST
Citation
U.S. Federal Reserve, Euro, Annual, Seasonally Adjusted (XTNTVA01FRA664S), retrieved from FRED.