National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Czech Republic
Czech Koruna, Quarterly
NAEXKP03CZQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
269,141,000,000.00
Year-over-Year Change
7.21%
Date Range
1/1/1995 - 7/1/2023
Summary
The Czech Koruna, Quarterly trend measures the exchange rate between the Czech Koruna and the U.S. dollar on a quarterly basis. This data is important for economists and policymakers to assess the competitiveness of the Czech economy and its 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, Quarterly series tracks the value of the Czech currency relative to the U.S. dollar over time. This exchange rate is a key economic indicator used to analyze the strength of the Czech economy and its international trade performance.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The Czech Koruna exchange rate is closely monitored by policymakers, investors, and analysts to gauge the country's economic health and trade competitiveness.
Key Facts
- The Czech Koruna is the official currency of the Czech Republic.
- The Czech Republic joined the European Union in 2004 but has not yet adopted the Euro.
- The Czech Koruna has experienced fluctuations in value relative to the U.S. dollar over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Czech Koruna, Quarterly series measures the exchange rate between the Czech Koruna and the U.S. dollar on a quarterly basis.
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 competitiveness and trade dynamics, which is closely monitored by policymakers, investors, and analysts.
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: The Czech Koruna exchange rate is used by policymakers, economists, and market participants to assess the Czech Republic's economic health and trade competitiveness, which informs policy decisions.
Q: Are there update delays or limitations?
A: The Czech Koruna, Quarterly data is published by the U.S. Federal Reserve on a regular basis, with minimal update delays.
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Citation
U.S. Federal Reserve, Czech Koruna, Quarterly (NAEXKP03CZQ189S), retrieved from FRED.