Average Monthly New York Rates of Exchange on Paris
M1404AUSM306NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.16
Year-over-Year Change
-0.39%
Date Range
1/1/1876 - 7/1/1914
Summary
The 'Average Monthly New York Rates of Exchange on Paris' trend measures the average monthly exchange rate between the U.S. dollar and the French franc, providing insights into international currency movements.
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 average value of the U.S. dollar relative to the French franc, which is useful for analyzing international trade, capital flows, and currency market dynamics between the two countries.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Policymakers and analysts use this trend to understand broader macroeconomic conditions and make informed decisions.
Key Facts
- The series began in January 1914.
- The data is reported on a monthly basis.
- Rates are expressed in U.S. dollars per French franc.
FAQs
Q: What does this economic trend measure?
A: The 'Average Monthly New York Rates of Exchange on Paris' measures the average monthly exchange rate between the U.S. dollar and the French franc.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into international currency movements, which is useful for analyzing trade, capital flows, and broader macroeconomic conditions between the U.S. and France.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand broader macroeconomic conditions and make informed decisions related to trade, investment, and monetary policy.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Average Monthly New York Rates of Exchange on Paris (M1404AUSM306NNBR), retrieved from FRED.