National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Portugal
Euro, Annual
NAEXKP04PTA652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,248,421,000.00
Year-over-Year Change
4.59%
Date Range
1/1/1995 - 1/1/2022
Summary
The Euro, Annual trend measures the annual exchange rate between the U.S. dollar and the Euro, a major global currency. This metric is crucial for analyzing international trade, foreign investment, and macroeconomic policy.
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 series tracks the yearly average market exchange rate between the U.S. dollar and the Euro, the official currency of the European Union. This data point is widely used by economists, policymakers, and market analysts to assess economic performance and guide decision-making.
Methodology
The Federal Reserve collects this data from foreign exchange markets.
Historical Context
The Euro-Dollar exchange rate is a key indicator for U.S. and EU economic conditions, trade dynamics, and monetary policy.
Key Facts
- The Euro was introduced in 1999 and is used by 19 of the 27 EU member states.
- In 2022, the annual Euro-Dollar exchange rate was approximately 1.05.
- Exchange rates can significantly impact the competitiveness of exports and imports.
FAQs
Q: What does this economic trend measure?
A: The Euro, Annual trend measures the yearly average market exchange rate between the U.S. dollar and the Euro, the official currency of the European Union.
Q: Why is this trend relevant for users or analysts?
A: The Euro-Dollar exchange rate is a crucial indicator for analyzing international trade, foreign investment, and macroeconomic policy in the U.S. and EU.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data from foreign exchange markets.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Euro-Dollar exchange rate to assess economic performance and guide decision-making in areas like trade, investment, and monetary policy.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes the annual Euro, Annual data with a typical delay of a few months.
Related Trends
Number of Listed Companies for Portugal
DDOM01PTA644NWDB
Amount Outstanding of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Portugal
IDSNFAMRIAOPT
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Portugal
LFAC24TTPTA647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal
PRTCP030000GYM
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 74 Years for Portugal
LFAC74FEPTA647N
Liquid Assets to Deposits and Short Term Funding for Portugal
DDSI06PTA156NWDB
Citation
U.S. Federal Reserve, Euro, Annual (NAEXKP04PTA652S), retrieved from FRED.