Monetary Aggregates and Their Components: Broad Money and Components: M3 for Australia
Australian Dollar, Annual, Seasonally Adjusted
MABMM301AUA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,745,608,333,333.33
Year-over-Year Change
121.34%
Date Range
1/1/1960 - 1/1/2022
Summary
The Australian Dollar, Annual, Seasonally Adjusted trend measures the annual value of the Australian dollar in terms of U.S. dollars, adjusted for seasonal variations. This data is closely monitored by economists and policymakers to assess Australia's economic performance and international trade dynamics.
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 series represents the annual average exchange rate between the Australian dollar and the U.S. dollar, with seasonal adjustments to account for predictable fluctuations throughout the year. The Australian dollar's value relative to other major currencies is an important indicator of Australia's international competitiveness and can influence trade, investment, and macroeconomic policy decisions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Policymakers and market analysts use this trend to evaluate Australia's economic health and guide decisions around trade, monetary policy, and international investment.
Key Facts
- The Australian dollar is one of the most traded currencies globally.
- Australia is a major exporter of commodities, so the dollar's value impacts trade.
- The Australian dollar is considered a commodity currency, closely tied to global resource prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual average exchange rate between the Australian dollar and the U.S. dollar, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Australian dollar's value relative to other currencies is an important indicator of Australia's international competitiveness and can influence trade, investment, and macroeconomic policy decisions.
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 market analysts use this trend to evaluate Australia's economic health and guide decisions around trade, monetary policy, and international investment.
Q: Are there update delays or limitations?
A: The data is updated annually and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Australian Dollar, Annual, Seasonally Adjusted (MABMM301AUA189S), retrieved from FRED.