International Merchandise Trade Statistics: Imports: Commodities for Luxembourg
Euro, Quarterly, Seasonally Adjusted
XTIMVA01LUQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,729,700,000.00
Year-over-Year Change
-8.39%
Date Range
1/1/1981 - 1/1/2025
Summary
This series measures the quarterly, seasonally adjusted exchange rate between the U.S. dollar and the euro. It is a key indicator for evaluating economic and trade dynamics between the world's two largest economies.
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-dollar exchange rate tracks the value of the euro relative to the U.S. dollar. This metric is widely used by economists, policymakers, and market analysts to assess international competitiveness, capital flows, and the overall health of the global economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Historical Context
The euro-dollar exchange rate is a crucial input for economic and trade policy decisions, as well as investment and risk management strategies.
Key Facts
- The euro was introduced in 1999 as the official currency of the European Union.
- The U.S. dollar is the world's primary reserve currency, held by central banks globally.
- Exchange rate movements impact the relative price of goods and services traded between the U.S. and EU.
FAQs
Q: What does this economic trend measure?
A: This series tracks the quarterly, seasonally adjusted exchange rate between the U.S. dollar and the euro, the official currency of the European Union.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a critical indicator for evaluating economic and trade dynamics between the world's two largest economies, the U.S. and the EU.
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-dollar exchange rate is a crucial input for economic and trade policy decisions, as well as investment and risk management strategies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be a delay in reflecting the latest exchange rate movements.
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Citation
U.S. Federal Reserve, Euro, Quarterly, Seasonally Adjusted (XTIMVA01LUQ664S), retrieved from FRED.