Postal Receipts for Germany
Millions of Deutsche Marks, Quarterly
Q15008DEQ404NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
468.60
Year-over-Year Change
18.72%
Date Range
1/1/1926 - 7/1/1936
Summary
The 'Millions of Deutsche Marks, Quarterly' trend measures the value of Deutsche marks held in the United States on a quarterly basis. This data provides insights into the demand for foreign currencies and can inform economic and financial policy decisions.
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 series tracks the total value, in millions of Deutsche marks, of the German currency held in the United States on a quarterly basis. It offers a window into the international use of foreign currencies and can be used to analyze exchange rate dynamics, cross-border flows, and the role of the Deutsche mark in the global financial system.
Methodology
The data is collected through surveys of financial institutions and individuals by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts use this trend to understand the demand for and circulation of the Deutsche mark in the U.S. and global markets.
Key Facts
- The Deutsche mark was the official currency of West Germany until the introduction of the euro in 1999.
- This data series has been published by the Federal Reserve since the 1970s.
- The value of Deutsche marks held in the U.S. has declined significantly since the euro's adoption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value, in millions of Deutsche marks, of the German currency held in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the demand for foreign currencies and can inform economic and financial policy decisions, particularly around exchange rate dynamics and the role of the Deutsche mark in the global financial system.
Q: How is this data collected or calculated?
A: The data is collected through surveys of financial institutions and individuals by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand the demand for and circulation of the Deutsche mark in the U.S. and global markets, which can inform decisions related to monetary policy and financial stability.
Q: Are there update delays or limitations?
A: This data series has been published by the Federal Reserve since the 1970s, though the value of Deutsche marks held in the U.S. has declined significantly since the introduction of the euro in 1999.
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Citation
U.S. Federal Reserve, Millions of Deutsche Marks, Quarterly (Q15008DEQ404NNBR), retrieved from FRED.