Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Czech Republic
Czech Koruna, Annual, Not Seasonally Adjusted
MANMM101CZA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,125,600,000,000.00
Year-over-Year Change
104.06%
Date Range
1/1/1992 - 1/1/2022
Summary
This economic trend tracks the annual, not seasonally adjusted exchange rate of the Czech koruna against the U.S. dollar. It provides insight into the relative strength and stability of the Czech currency, which is important for assessing the country'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 Czech koruna is the official currency of the Czech Republic. This annual, not seasonally adjusted exchange rate series measures the average value of the koruna in U.S. dollar terms over a 12-month period. It is a key indicator of the Czech economy's external 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 analysts use this trend to monitor the Czech Republic's economic health and its trade relationships with the United States and other major trading partners.
Key Facts
- The Czech koruna has been the official currency of the Czech Republic since 1993.
- The Czech Republic is a member of the European Union but has not yet adopted the euro.
- The koruna is one of the most traded emerging market currencies globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted exchange rate of the Czech koruna against the U.S. dollar. It provides insight into the value of the Czech currency over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: The Czech koruna exchange rate is an important indicator of the Czech economy's external 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 analysts use this trend to monitor the Czech Republic's economic health and its trade relationships with the United States and other major trading partners.
Q: Are there update delays or limitations?
A: The data is reported annually and may have a short delay before publication.
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Citation
U.S. Federal Reserve, Czech Koruna, Annual, Not Seasonally Adjusted (MANMM101CZA189N), retrieved from FRED.