Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Austria

Euro, Monthly

CCUSMA02ATM618N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.86

Year-over-Year Change

-7.08%

Date Range

1/1/1957 - 7/1/2025

Summary

The Euro, Monthly series measures the value of the Euro against the U.S. dollar on a monthly basis. This metric is crucial for understanding international trade, foreign exchange markets, and the relative strength of the Eurozone economy.

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, Monthly series tracks the exchange rate between the Euro and the U.S. dollar, which is an important indicator of the Eurozone's economic performance and global competitiveness. It is widely used by economists, policymakers, and financial analysts to assess the Euro's purchasing power, import/export dynamics, and overall macroeconomic conditions.

Methodology

The data is collected by the U.S. Federal Reserve based on market exchange rates.

Historical Context

The Euro, Monthly series is closely monitored by central banks, governments, and international organizations to inform monetary and fiscal policies.

Key Facts

  • The Euro was introduced in 1999 and is used by 19 of the 27 European Union member states.
  • The Euro is the second most traded currency in the global foreign exchange market after the U.S. dollar.
  • The value of the Euro relative to the U.S. dollar can impact the competitiveness of Eurozone exports and imports.

FAQs

Q: What does this economic trend measure?

A: The Euro, Monthly series measures the exchange rate between the Euro and the U.S. dollar on a monthly basis.

Q: Why is this trend relevant for users or analysts?

A: The Euro-dollar exchange rate is a crucial indicator of the Eurozone's economic performance and global competitiveness, and is widely used by economists, policymakers, and financial analysts.

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: The Euro, Monthly series is closely monitored by central banks, governments, and international organizations to inform monetary and fiscal policies.

Q: Are there update delays or limitations?

A: The Euro, Monthly series is updated regularly by the U.S. Federal Reserve, with no significant delays or limitations.

Related Trends

Citation

U.S. Federal Reserve, Euro, Monthly (CCUSMA02ATM618N), retrieved from FRED.