International Merchandise Trade Statistics: Exports: Commodities for Ireland
Euro, Quarterly, Seasonally Adjusted
XTEXVA01IEQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86,450,400,000.00
Year-over-Year Change
75.95%
Date Range
1/1/1955 - 1/1/2025
Summary
The 'Euro, Quarterly, Seasonally Adjusted' trend measures the exchange rate between the U.S. dollar and the euro on a quarterly basis with seasonal adjustments, providing insight into the relative strength of these 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
This economic indicator tracks the price of the euro in U.S. dollar terms, which is an important metric for international trade, investment, and macroeconomic analysis. It is used to assess currency market dynamics and the competitiveness of the eurozone economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market transactions.
Historical Context
Policymakers and analysts closely monitor exchange rate trends to gauge the impact on exports, imports, and international capital flows.
Key Facts
- The euro was introduced in 1999 and is used by 19 of the 27 EU member states.
- The euro-dollar exchange rate reached an all-time high of 1.60 in 2008.
- Exchange rates are a key factor in the competitiveness of national economies.
FAQs
Q: What does this economic trend measure?
A: The 'Euro, Quarterly, Seasonally Adjusted' indicator tracks the U.S. dollar price of the euro on a quarterly basis, with adjustments made for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a critical metric for understanding international trade, investment flows, and the relative economic strength of the U.S. and eurozone economies.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on foreign exchange market transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor exchange rate trends to assess the impact on exports, imports, and international capital flows, which informs decisions on trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve with a typical lag of 2-3 months.
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Citation
U.S. Federal Reserve, Euro, Quarterly, Seasonally Adjusted (XTEXVA01IEQ664S), retrieved from FRED.