Orders: Manufacturing: Total Orders: Value for Austria
Euro, Monthly level, Quarterly, Seasonally Adjusted
ODMNTO02ATQ180S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,763,983,538.22
Year-over-Year Change
23.46%
Date Range
10/1/1972 - 4/1/2018
Summary
The 'Euro, Monthly level, Quarterly, Seasonally Adjusted' series tracks the value of the euro currency in relation to the U.S. dollar. This metric is a key indicator of international trade dynamics and the relative strength of the European economy.
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
This data series represents the monthly average exchange rate between the euro and U.S. dollar, adjusted for seasonal factors on a quarterly basis. The euro-dollar exchange rate is a widely monitored economic indicator used by policymakers, investors, and analysts to assess the competitiveness of European exports and the flow of capital between the Eurozone and other major economies.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of foreign exchange markets.
Historical Context
The euro-dollar exchange rate informs decision-making around monetary policy, trade agreements, and international investment.
Key Facts
- The euro was introduced in 1999 and is the official currency of 19 of the 27 EU member states.
- The euro-dollar exchange rate reached an all-time high of 1.60 in 2008 and a low of 0.84 in 2000.
- Fluctuations in the euro-dollar rate impact the price competitiveness of European exports and the purchasing power of European consumers.
FAQs
Q: What does this economic trend measure?
A: The 'Euro, Monthly level, Quarterly, Seasonally Adjusted' series tracks the monthly average exchange rate between the euro and U.S. dollar, adjusted for seasonal factors on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a crucial economic indicator used by policymakers, investors, and analysts to assess the competitiveness of European exports, the flow of capital between the Eurozone and other major economies, and broader trends in international trade and investment.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of foreign exchange markets.
Q: How is this trend used in economic policy?
A: The euro-dollar exchange rate informs decision-making around monetary policy, trade agreements, and international investment in the Eurozone and global economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of 2-3 weeks.
Related Trends
Outstanding International Private Debt Securities to GDP for Austria
DDDM05ATA156NWDB
Credit to Private Non-Financial Sector by Domestic Banks, Adjusted for Breaks, for Austria
CRDQATBPABIS
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Austria
AUTCP040000CTGYM
Consumer Price Index: All Items: Total for Austria
AUTCPALTT01IXNBM
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Austria
LREMTTTTATQ156S
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Austria
CPGRLE01ATA657N
Citation
U.S. Federal Reserve, 'Euro, Monthly level, Quarterly, Seasonally Adjusted' (ODMNTO02ATQ180S), retrieved from FRED.