Labor Compensation: Earnings: Industry: Hourly for Spain
Euro, Quarterly, Not Seasonally Adjusted
LCEAIN01ESQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.09
Year-over-Year Change
8.47%
Date Range
1/1/1981 - 7/1/2023
Summary
This economic trend measures the Euro exchange rate on a quarterly basis without seasonal adjustments. It provides important insights into the relative strength and stability of the Euro compared to other major currencies.
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, Not Seasonally Adjusted series tracks the value of the Euro against a trade-weighted basket of currencies on a quarterly frequency. This data is widely used by economists, policymakers, and market analysts to assess the Euro's performance and competitiveness in global trade and financial markets.
Methodology
The data is collected by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Trends in the Euro exchange rate are closely monitored for their implications on trade, inflation, and monetary policy.
Key Facts
- The Euro is the official currency of 19 out of 27 European Union member states.
- The Euro was introduced in 1999 and became a physical currency in 2002.
- The Euro is the second most-traded currency in the world after the U.S. dollar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the Euro against a trade-weighted basket of currencies on a quarterly basis, without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Euro exchange rate is a key indicator of the Euro's strength and competitiveness, which has important implications for trade, inflation, and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Trends in the Euro exchange rate are closely monitored by policymakers, central banks, and market participants for their impact on trade, inflation, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the quarter.
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Citation
U.S. Federal Reserve, Euro, Quarterly, Not Seasonally Adjusted (LCEAIN01ESQ189N), retrieved from FRED.