Exchange Rate (market+estimated) for Sri Lanka
XRNCUSLKA618NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.74
Year-over-Year Change
61.58%
Date Range
1/1/1950 - 1/1/2019
Summary
The Exchange Rate (market+estimated) for Sri Lanka measures the value of the Sri Lankan rupee relative to the U.S. dollar, providing insights into the country's trade 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
This exchange rate series combines market-based and estimated data to capture the Sri Lankan rupee's fluctuations against the U.S. dollar. It is a key indicator of Sri Lanka's international competitiveness and macroeconomic conditions.
Methodology
The data is collected from various market sources and government estimates.
Historical Context
This trend is closely monitored by policymakers, investors, and analysts to assess Sri Lanka's economic health and guide policy decisions.
Key Facts
- The Sri Lankan rupee has experienced significant volatility in recent years.
- Exchange rate movements impact Sri Lanka's exports, imports, and foreign investment.
- Policymakers use this trend to guide monetary and fiscal policies.
FAQs
Q: What does this economic trend measure?
A: The Exchange Rate (market+estimated) for Sri Lanka measures the value of the Sri Lankan rupee relative to the U.S. dollar, providing insights into the country's trade and economic performance.
Q: Why is this trend relevant for users or analysts?
A: This exchange rate trend is a key indicator of Sri Lanka's international competitiveness and macroeconomic conditions, making it crucial for policymakers, investors, and analysts to monitor.
Q: How is this data collected or calculated?
A: The data is collected from various market sources and government estimates.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this trend to guide monetary and fiscal policies, as exchange rate movements impact Sri Lanka's exports, imports, and foreign investment.
Q: Are there update delays or limitations?
A: The data may be subject to some delays or limitations due to the combination of market-based and estimated information.
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Citation
U.S. Federal Reserve, Exchange Rate (market+estimated) for Sri Lanka (XRNCUSLKA618NRUG), retrieved from FRED.