Exchange Rate (market+estimated) for Antigua and Barbuda
XRNCUSAGA618NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.70
Year-over-Year Change
-0.00%
Date Range
1/1/1970 - 1/1/2019
Summary
This economic trend measures the exchange rate between the US dollar and the Antigua and Barbuda dollar. It is an important indicator for economists and policymakers assessing the country's trade and financial conditions.
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 Exchange Rate (market+estimated) for Antigua and Barbuda represents the relative value of the Antiguan and Barbudan dollar against the US dollar. This metric is used to analyze the country's competitiveness, foreign investment, and trade dynamics.
Methodology
The data is collected by the US Federal Reserve through a combination of market observations and estimations.
Historical Context
This exchange rate trend is closely monitored by economists, financial institutions, and policymakers to understand Antigua and Barbuda's economic performance and guide economic decision-making.
Key Facts
- The Antigua and Barbuda dollar has been pegged to the US dollar since 1976.
- Antigua and Barbuda is a member of the Eastern Caribbean Currency Union (ECCU).
- The exchange rate is an important factor in the country's tourism-dependent economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the exchange rate between the US dollar and the currency of Antigua and Barbuda, the Antiguan and Barbudan dollar.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate is a key indicator of a country's trade competitiveness, foreign investment, and overall economic performance, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the US Federal Reserve through a combination of market observations and estimations.
Q: How is this trend used in economic policy?
A: This exchange rate trend is closely monitored by economists, financial institutions, and policymakers to understand Antigua and Barbuda's economic performance and guide economic decision-making.
Q: Are there update delays or limitations?
A: The data is provided by the US Federal Reserve and may be subject to update delays or limitations based on their data collection and reporting processes.
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Citation
U.S. Federal Reserve, Exchange Rate (market+estimated) for Antigua and Barbuda (XRNCUSAGA618NRUG), retrieved from FRED.