International Merchandise Trade Statistics: Trade Balance: Commodities for Austria
Euro, Monthly, Seasonally Adjusted
XTNTVA01ATM664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-694,300,000.00
Year-over-Year Change
503.74%
Date Range
1/1/1953 - 5/1/2025
Summary
The 'Euro, Monthly, Seasonally Adjusted' data series measures the value of the euro currency relative to the U.S. dollar on a monthly basis, with seasonal adjustments. This metric is closely watched by economists and policymakers to understand exchange rate dynamics and their impacts on international trade and investments.
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 economic indicator tracks the euro's value against the U.S. dollar on a monthly schedule, with seasonal variations removed. The euro-dollar exchange rate is a key barometer of relative economic performance and a major factor in international competitiveness and capital flows.
Methodology
The data is collected by the U.S. Federal Reserve through observations of foreign exchange markets.
Historical Context
Central banks, financial institutions, and economic analysts closely monitor the euro-dollar exchange rate to assess monetary policy, trade, and investment conditions.
Key Facts
- The euro was introduced in 1999 as the official currency of the European Union.
- The euro-dollar exchange rate reached an all-time high of 1.60 in 2008.
- Exchange rates fluctuate daily based on economic conditions, interest rates, and investor sentiment.
FAQs
Q: What does this economic trend measure?
A: The 'Euro, Monthly, Seasonally Adjusted' series tracks the value of the euro relative to the U.S. dollar on a monthly basis, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a crucial indicator for understanding international trade, capital flows, and the relative economic performance of the U.S. and the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through observations of foreign exchange market transactions.
Q: How is this trend used in economic policy?
A: Central banks, policymakers, and analysts use the euro-dollar exchange rate to assess monetary policy, trade competitiveness, and investment conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing a timely but not real-time representation of the euro-dollar exchange rate.
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Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Austria
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Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Austria
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Citation
U.S. Federal Reserve, Euro, Monthly, Seasonally Adjusted (XTNTVA01ATM664S), retrieved from FRED.