Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for France
CCUSMA02FRM618N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.87
Year-over-Year Change
-6.65%
Date Range
1/1/1957 - 6/1/2025
Summary
This trend measures the average daily exchange rate of the US dollar against the French franc, providing insights into the relative value and purchasing power of the US currency in France.
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 France tracks the market value of the US dollar compared to the French franc, which was the official currency of France prior to the Euro. This metric is widely used by economists, financial analysts, and policymakers to assess global trade dynamics, international investment, and the purchasing power of the US dollar.
Methodology
The data is collected by the US Federal Reserve through daily monitoring of foreign exchange markets.
Historical Context
The exchange rate is a key indicator for understanding the competitiveness of US exports and imports, as well as the attractiveness of US assets for foreign investors.
Key Facts
- The US dollar-French franc exchange rate is based on the value of the two currencies in foreign exchange markets.
- Exchange rates fluctuate daily based on supply, demand, and other economic factors.
- The exchange rate is an important factor in the competitiveness of US goods and services in the French market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average daily exchange rate of the US dollar against the French franc, the former currency of France.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a key indicator for understanding global trade dynamics, international investment flows, and the purchasing power of the US currency.
Q: How is this data collected or calculated?
A: The data is collected by the US Federal Reserve through daily monitoring of foreign exchange markets.
Q: How is this trend used in economic policy?
A: The exchange rate is used by policymakers, economists, and financial analysts to assess the competitiveness of US exports and imports, as well as the attractiveness of US assets for foreign investors.
Q: Are there update delays or limitations?
A: The data is published daily, with no significant update delays. However, exchange rates can fluctuate rapidly, so the trend may not fully capture intraday volatility.
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Citation
U.S. Federal Reserve, Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for France (CCUSMA02FRM618N), retrieved from FRED.