Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Euro Area (19 Countries)
CCUSMA02EZM618N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.86
Year-over-Year Change
-7.08%
Date Range
1/1/1979 - 7/1/2025
Summary
This economic trend tracks the average daily exchange rate between the US dollar and the euro, providing insight into the relative strength of the two 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 US Dollar Exchange Rate for the Euro Area (19 Countries) measures the average value of the US dollar in terms of the Euro, a key global currency. This data is used by economists, policymakers, and businesses to assess the competitiveness of US exports and imports.
Methodology
The data is collected and calculated by the US Federal Reserve based on currency exchange rates observed in global markets.
Historical Context
This exchange rate is closely monitored for its implications on international trade, capital flows, and the broader health of the global economy.
Key Facts
- The Euro was introduced in 1999 and is used by 19 countries in the Eurozone.
- The US dollar is the world's most widely traded and held currency.
- Exchange rates fluctuate daily based on market forces of supply and demand.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average daily exchange rate between the US dollar and the euro, the official currency used by 19 countries in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: The US dollar-euro exchange rate is a key indicator of the relative strength and competitiveness of the two economies, with implications for international trade, investment, and monetary policy.
Q: How is this data collected or calculated?
A: The US Federal Reserve collects and calculates this data based on currency exchange rates observed in global financial markets.
Q: How is this trend used in economic policy?
A: Central banks, policymakers, and businesses closely monitor the US dollar-euro exchange rate to assess the health of the global economy and make informed decisions about trade, investment, and monetary policy.
Q: Are there update delays or limitations?
A: This data is updated daily by the Federal Reserve and represents the average of exchange rates observed over that period, with no significant delays or limitations.
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Citation
U.S. Federal Reserve, Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Euro Area (19 Countries) (CCUSMA02EZM618N), retrieved from FRED.