International Merchandise Trade Statistics: Trade Balance: Commodities for Estonia
Euro, Quarterly, Not Seasonally Adjusted
XTNTVA01EEQ664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-870,900,000.00
Year-over-Year Change
58.26%
Date Range
1/1/1993 - 1/1/2025
Summary
This economic trend measures the value of the euro against the U.S. dollar on a quarterly basis without seasonal adjustments. It is an important indicator for analyzing exchange rate dynamics and international trade patterns.
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, Quarterly, Not Seasonally Adjusted series tracks the nominal exchange rate between the euro and the U.S. dollar. This unadjusted data provides insights into the underlying trends and volatility of the euro's value compared to the world's primary reserve currency.
Methodology
The data is collected by the U.S. Federal Reserve from foreign exchange markets.
Historical Context
Policymakers and market analysts use this trend to assess the competitiveness of exports, the impact on domestic inflation, and the broader macroeconomic environment.
Key Facts
- The euro was introduced in 1999 as the official currency of the European Union.
- The U.S. dollar is the world's most widely traded and held reserve currency.
- Exchange rate fluctuations can significantly impact international trade and domestic prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the nominal exchange rate between the euro and the U.S. dollar on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The euro-dollar exchange rate is a critical indicator for analyzing international trade, capital flows, and the relative strength of the two major global currencies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve from foreign exchange markets.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the competitiveness of exports, the impact on domestic inflation, and the broader macroeconomic environment.
Q: Are there update delays or limitations?
A: The data is published quarterly, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Euro, Quarterly, Not Seasonally Adjusted (XTNTVA01EEQ664N), retrieved from FRED.