Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Australia
Australian Dollar, Annual, Not Seasonally Adjusted
MANMM101AUA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,641,600,000,000.00
Year-over-Year Change
268.48%
Date Range
1/1/1960 - 1/1/2022
Summary
This trend tracks the annual exchange rate of the Australian dollar against the U.S. dollar on a non-seasonally adjusted basis. It is a key indicator of Australia's economic performance and 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
The Australian dollar exchange rate is a fundamental economic indicator that reflects the relative strength and competitiveness of the Australian economy. Policymakers and analysts closely monitor this trend to assess Australia's trade balance, inflationary pressures, and overall macroeconomic conditions.
Methodology
The data is collected and published by the U.S. Federal Reserve based on daily currency exchange rates.
Historical Context
The Australian dollar exchange rate influences Australian exports, imports, and capital flows, and is closely watched by the Reserve Bank of Australia and international investors.
Key Facts
- The Australian dollar is one of the most actively traded currencies globally.
- Australia is a major exporter of commodities like iron ore, coal, and natural gas.
- The Australian dollar is considered a commodity currency, sensitive to global demand and prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual average exchange rate of the Australian dollar against the U.S. dollar on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Australian dollar exchange rate is a key indicator of Australia's economic performance and trade dynamics, influencing the country's exports, imports, and capital flows.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Reserve based on daily currency exchange rates.
Q: How is this trend used in economic policy?
A: The Australian dollar exchange rate is closely watched by the Reserve Bank of Australia and international investors to assess the country's trade balance, inflationary pressures, and overall macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is published annually without significant delays, providing a timely snapshot of the Australian dollar's performance over the year.
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Citation
U.S. Federal Reserve, Australian Dollar, Annual, Not Seasonally Adjusted (MANMM101AUA189N), retrieved from FRED.