National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Germany
Euro, Annual
NAEXKP03DEA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
711,156,600,000.00
Year-over-Year Change
29.50%
Date Range
1/1/1991 - 1/1/2022
Summary
The Euro, Annual trend measures the annual exchange rate between the Euro and the U.S. Dollar. This metric is crucial for economists and policymakers analyzing international trade, currency markets, and the relative strength of the Euro.
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 Euro, Annual trend tracks the yearly average exchange rate between the Euro and the U.S. Dollar. This data point is widely used by economists, analysts, and policymakers to assess the relative value of the Euro, which impacts cross-border commerce, investment flows, and the purchasing power of consumers and businesses.
Methodology
The data is collected by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The Euro, Annual exchange rate is a key economic indicator referenced by central banks, governments, and financial markets.
Key Facts
- The Euro was introduced in 1999 and is used by 19 of the 27 EU member states.
- The Euro, Annual rate reached a high of 1.47 USD/EUR in 2008 and a low of 1.11 USD/EUR in 2017.
- Changes in the Euro, Annual rate impact the cost of imports/exports and the purchasing power of consumers.
FAQs
Q: What does the Euro, Annual trend measure?
A: The Euro, Annual trend measures the yearly average exchange rate between the Euro and the U.S. Dollar.
Q: Why is the Euro, Annual trend relevant for users or analysts?
A: The Euro, Annual exchange rate is a key economic indicator used by policymakers, economists, and market participants to assess the relative strength of the Euro and its impact on international trade, investment, and consumer purchasing power.
Q: How is the Euro, Annual data collected or calculated?
A: The data is collected by the U.S. Federal Reserve based on market exchange rates.
Q: How is the Euro, Annual trend used in economic policy?
A: Central banks, governments, and financial markets closely monitor the Euro, Annual exchange rate to inform monetary policy, trade negotiations, and investment decisions.
Q: Are there any update delays or limitations with the Euro, Annual data?
A: The Euro, Annual data is published annually with no major update delays, providing a reliable long-term perspective on the Euro's exchange rate performance.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Germany
LRHUTTFEDEM156S
Share Prices: All Shares/Broad: Total for Germany
DEUSPASTT01GYQ
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Germany
DEUB6BLTT02STSAQ
Financial Market: Real Effective Exchange Rates: CPI Based for Germany
CCRETT01DEM661N
Mutual Fund Assets to GDP for Germany
DDDI07DEA156NWDB
Consumer Price Index for Germany
DDOE01DEA086NWDB
Citation
U.S. Federal Reserve, Euro, Annual (NAEXKP03DEA189S), retrieved from FRED.