Production: Manufacturing: Total Manufacturing for Australia
Australian Dollar, Quarterly level, Quarterly, Not Seasonally Adjusted
PRMNTO01AUQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,850,000,000.00
Year-over-Year Change
4.50%
Date Range
7/1/1974 - 7/1/2023
Summary
This trend measures the quarterly level of the Australian dollar exchange rate, providing insight into the currency's relative value and economic performance.
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 (AUD) is a floating currency, and its exchange rate reflects the broader economic conditions and policies in Australia. This quarterly series is a key indicator for analysts and policymakers assessing the country's trade, investment, and macroeconomic dynamics.
Methodology
The data is collected and reported by the Federal Reserve based on market exchange rates.
Historical Context
The AUD exchange rate is closely monitored by the Reserve Bank of Australia and influences the country's international competitiveness and trade flows.
Key Facts
- The AUD is the 5th most traded currency globally.
- Australia is the 13th largest economy in the world.
- The AUD exchange rate impacts Australia's import and export competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly level of the Australian dollar exchange rate, which reflects the currency's value relative to other major global currencies.
Q: Why is this trend relevant for users or analysts?
A: The AUD exchange rate is a critical indicator for assessing Australia's trade position, international competitiveness, and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The AUD exchange rate is closely monitored by the Reserve Bank of Australia, as it influences the country's international trade and investment flows.
Q: Are there update delays or limitations?
A: This quarterly series may have a short delay in reporting compared to daily or monthly exchange rate data.
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Citation
U.S. Federal Reserve, Australian Dollar, Quarterly level, Quarterly, Not Seasonally Adjusted (PRMNTO01AUQ189N), retrieved from FRED.