National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Switzerland
Swiss Franc, Annual
NAEXKP07CHA652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
410,042,323,263.00
Year-over-Year Change
34.90%
Date Range
1/1/1980 - 1/1/2022
Summary
The Swiss Franc, Annual trend measures the annual changes in the Swiss franc exchange rate relative to the U.S. dollar. This data is important for analyzing economic and trade dynamics 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 Switzerland's official currency and a widely traded international currency. The annual rate of change in the Swiss franc's value against the U.S. dollar is a key indicator of Switzerland's economic performance and competitiveness.
Methodology
This data is collected and reported by the U.S. Federal Reserve based on international exchange rate information.
Historical Context
The Swiss franc exchange rate is closely monitored by policymakers, investors, and analysts for its impacts on Swiss exports, imports, and overall economic conditions.
Key Facts
- The Swiss franc is one of the world's most traded currencies.
- Switzerland has historically maintained a strong, stable currency.
- The Swiss franc's value is closely watched for its economic implications.
FAQs
Q: What does this economic trend measure?
A: The Swiss Franc, Annual trend measures the year-over-year change in the value of the Swiss franc relative to the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The Swiss franc exchange rate is a critical indicator of Switzerland's economic competitiveness and trade dynamics with global partners.
Q: How is this data collected or calculated?
A: This data is collected and reported by the U.S. Federal Reserve based on international exchange rate information.
Q: How is this trend used in economic policy?
A: The Swiss franc exchange rate is closely monitored by policymakers, investors, and analysts for its impacts on Swiss exports, imports, and overall economic conditions.
Q: Are there update delays or limitations?
A: The Swiss Franc, Annual data is published with a short delay and provides a comprehensive view of annual exchange rate changes.
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Citation
U.S. Federal Reserve, Swiss Franc, Annual (NAEXKP07CHA652S), retrieved from FRED.