International Merchandise Trade Statistics: Exports: Commodities for Luxembourg
Euro, Seasonally Adjusted
XTEXVA01LUQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,735,300,000.00
Year-over-Year Change
-5.48%
Date Range
1/1/1981 - 1/1/2025
Summary
This economic trend measures the seasonally adjusted value of the euro against the U.S. dollar. It is a key indicator for analyzing exchange rate dynamics and 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 euro/U.S. dollar exchange rate reflects the relative strength of the European and American economies. Economists and policymakers use this data to assess international competitiveness, inflation pressures, and the impact of monetary and fiscal policies.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market observations.
Historical Context
The euro/USD exchange rate is closely watched by global financial markets and institutions.
Key Facts
- The euro is the official currency of 19 out of 27 EU member states.
- The euro/USD rate is the most traded currency pair in the global foreign exchange market.
- Exchange rate movements impact the competitiveness of EU and US exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted exchange rate between the euro and the U.S. dollar. It reflects the relative strength and value of the European and American currencies.
Q: Why is this trend relevant for users or analysts?
A: The euro/USD exchange rate is a crucial indicator for assessing international trade dynamics, inflation, and the impacts of economic and monetary policies.
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 observations.
Q: How is this trend used in economic policy?
A: Central banks, governments, and market analysts closely monitor the euro/USD exchange rate to inform monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The euro/USD exchange rate data is published by the Federal Reserve with minimal delay, providing timely information for policymakers and market participants.
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Citation
U.S. Federal Reserve, Euro, Seasonally Adjusted (XTEXVA01LUQ664S), retrieved from FRED.