International Merchandise Trade Statistics: Trade Balance: Commodities for Luxembourg
Euro, Quarterly, Seasonally Adjusted
XTNTVA01LUQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,994,400,000.00
Year-over-Year Change
-13.38%
Date Range
1/1/1988 - 1/1/2025
Summary
This economic trend measures the nominal exchange rate between the Euro and U.S. Dollar on a quarterly, seasonally adjusted basis. It is a key indicator for analyzing 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, Quarterly, Seasonally Adjusted trend represents the foreign exchange value of the Euro against the U.S. Dollar, providing insights into the relative strength and purchasing power of these major currencies. This data is widely used by economists, policymakers, and market analysts to assess exchange rate dynamics.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on daily foreign exchange market quotations.
Historical Context
The Euro-Dollar exchange rate is a critical input for understanding international trade, foreign investment, and the relative competitiveness of economies.
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 can significantly impact the cost of imports and exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the nominal exchange rate between the Euro and the U.S. Dollar on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Euro-Dollar exchange rate is a critical indicator for analyzing international trade, capital flows, and the relative competitiveness of the U.S. and European economies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on daily foreign exchange market quotations.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and market analysts use the Euro-Dollar exchange rate to inform decisions related to international trade, monetary policy, and exchange rate management.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical lag of 1-2 months.
Related Trends
Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Luxembourg
CP0122LUM086NEST
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Luxembourg
IR3TIB01LUM156N
Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 74 Years for Luxembourg
LRIN74FELUA156S
Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Luxembourg
CSCICP03LUM665S
Harmonized Index of Consumer Prices: Transport for Luxembourg
CP0700LUM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Luxembourg
CPALTT01LUM659N
Citation
U.S. Federal Reserve, Euro, Quarterly, Seasonally Adjusted (XTNTVA01LUQ664S), retrieved from FRED.