Exchange Rate (market+estimated) for Brunei Darussalam
XRNCUSBNA618NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.36
Year-over-Year Change
-9.48%
Date Range
1/1/1970 - 1/1/2019
Summary
The Exchange Rate (market+estimated) for Brunei Darussalam measures the value of the Brunei dollar relative to the U.S. dollar. It is a key indicator of Brunei's economic health and international trade competitiveness.
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 exchange rate series combines market observations and estimated values to track the Brunei dollar's fluctuations against the U.S. dollar. It provides important insights into Brunei's monetary policy, import/export dynamics, and overall economic performance.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using a combination of market exchange rates and estimates.
Historical Context
Economists and policymakers monitor this exchange rate trend to assess Brunei's macroeconomic conditions and trade relationships.
Key Facts
- The Brunei dollar has been pegged to the Singapore dollar since 1967.
- Brunei has one of the highest GDP per capita in the world.
- Brunei's economy is heavily dependent on oil and gas exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the exchange rate between the Brunei dollar and the U.S. dollar, providing insights into Brunei's trade and macroeconomic conditions.
Q: Why is this trend relevant for users or analysts?
A: The Brunei dollar exchange rate is an important indicator for understanding Brunei's economic performance, international competitiveness, and trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using a combination of market exchange rates and estimates.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this exchange rate trend to assess Brunei's macroeconomic conditions and trade relationships, informing policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays or revisions due to the combination of market observations and estimates.
Related Trends
Exchange Rate (market+estimated) for Lebanon
XRNCUSLBA618NRUG
Exchange Rate (market+estimated) for Guinea-Bissau
XRNCUSGWA618NRUG
Exchange Rate (market+estimated) for Luxembourg
XRNCUSLUA618NRUG
Exchange Rate (market+estimated) for Indonesia
XRNCUSIDA618NRUG
Price level of Output-side Real GDP at Current Purchasing Power Parities (Purchasing Power Parity/Exchange Rate) for Peru
PLGDPOPEA670NRUG
Exchange Rate (market+estimated) for Comoros
XRNCUSKMA618NRUG
Citation
U.S. Federal Reserve, Exchange Rate (market+estimated) for Brunei Darussalam (XRNCUSBNA618NRUG), retrieved from FRED.