International Merchandise Trade Statistics: Exports: Commodities for Hungary
Forint, Quarterly, Seasonally Adjusted
XTEXVA01HUQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,988,190,000,000.00
Year-over-Year Change
9.21%
Date Range
1/1/1976 - 4/1/2025
Summary
The Forint, Quarterly, Seasonally Adjusted series tracks the value of the Hungarian forint exchange rate on a quarterly basis, with seasonal adjustments. This metric is crucial for analyzing Hungary's economic performance and competitiveness in international trade.
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 forint is the official currency of Hungary. This quarterly, seasonally adjusted exchange rate series measures the value of the forint relative to a trade-weighted basket of foreign currencies. Economists and policymakers closely monitor this data to assess Hungary's trade dynamics and the competitiveness of its exports.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market transactions.
Historical Context
The forint exchange rate is a key indicator used by the Hungarian government, central bank, and international institutions to inform economic and monetary policy decisions.
Key Facts
- The forint has been Hungary's national currency since 1946.
- Hungary adopted a floating exchange rate regime in 1995.
- The forint is one of the most actively traded emerging market currencies.
FAQs
Q: What does this economic trend measure?
A: The Forint, Quarterly, Seasonally Adjusted series tracks the value of the Hungarian forint exchange rate on a quarterly basis, with adjustments for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This exchange rate metric is crucial for analyzing Hungary's economic performance and competitiveness in international trade, as well as informing monetary and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market transactions.
Q: How is this trend used in economic policy?
A: The forint exchange rate is a key indicator used by the Hungarian government, central bank, and international institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a potential delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Forint, Quarterly, Seasonally Adjusted (XTEXVA01HUQ664S), retrieved from FRED.