National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Australia
Australian Dollar, Annual
NAEXKP04AUA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
540,252,000,000.00
Year-over-Year Change
20.52%
Date Range
1/1/1960 - 1/1/2022
Summary
The Australian Dollar, Annual trend measures the yearly average exchange rate between the Australian dollar and the U.S. dollar. This data point is a key indicator of 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
The Australian Dollar, Annual series tracks the yearly average value of the Australian dollar relative to the U.S. dollar. This metric is widely used by economists, policymakers, and investors to analyze Australia's economic competitiveness, trade flows, and macroeconomic conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on daily foreign exchange market rates.
Historical Context
Policymakers and analysts monitor this trend to gauge Australia's trade balance, export/import dynamics, and international purchasing power.
Key Facts
- The Australian dollar is one of the most actively traded currencies globally.
- Australia is a major exporter of commodities like minerals, agricultural products, and energy.
- Exchange rate movements impact the competitiveness of Australian exports and imports.
FAQs
Q: What does this economic trend measure?
A: The Australian Dollar, Annual trend measures the yearly average exchange rate between the Australian dollar and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used to analyze Australia's economic competitiveness, trade flows, and macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on daily foreign exchange market rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge Australia's trade balance, export/import dynamics, and international purchasing power.
Q: Are there update delays or limitations?
A: The Federal Reserve provides this annual data series with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Australian Dollar, Annual (NAEXKP04AUA189S), retrieved from FRED.