International Merchandise Trade Statistics: Exports: Commodities for Portugal
Euro, Quarterly, Not Seasonally Adjusted
XTEXVA01PTQ664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,126,500,000.00
Year-over-Year Change
15.88%
Date Range
1/1/1955 - 1/1/2025
Summary
This economic trend measures the euro exchange rate against the U.S. dollar on a quarterly, non-seasonally adjusted basis. It provides insights into the relative strength and valuation of the euro currency.
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 exchange rate is a key indicator of the euro's purchasing power and the relative competitiveness of Eurozone economies. This data series is widely tracked by economists, policymakers, and international investors to assess trade dynamics and the macroeconomic health of the Eurozone.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Historical Context
The euro exchange rate trend is closely monitored for its implications on Eurozone exports, imports, and economic growth.
Key Facts
- The euro was introduced in 1999 and is the official currency of 19 EU member states.
- The Eurozone accounts for over 13% of global GDP.
- The euro-dollar exchange rate is the most actively traded currency pair in the world.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the euro relative to the U.S. dollar on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The euro exchange rate is a crucial indicator of the Eurozone's economic health and competitiveness, with implications for trade, investment, and policymaking.
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 quotations.
Q: How is this trend used in economic policy?
A: The euro exchange rate trend is closely monitored by policymakers, economists, and international investors to assess Eurozone trade dynamics and macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is published quarterly with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Euro, Quarterly, Not Seasonally Adjusted (XTEXVA01PTQ664N), retrieved from FRED.