Data Characteristics
The dataset covers sample series, which are part of the World Trend Plus database. The database covers daily FX rates against USD and are available within the CEIC Macroeconomic Databases listing.
The exchange rate refers to market rate which is the exchange rate determined by market demand and supply. Frequencies for the exchange rate period end are monthly and annual. In order to extend data history as far back as possible, we have, in some cases, spliced exchange rate series from different sources together. Historical data from the IMF International Financial Database or that from national central banks was used for this purpose. For dollarized countries, this indicator is not applicable as their national currencies are no longer trading in the market. For euroized countries, the Exchange rate of Euro against US Dollar will be presented.
Standardized Unit of Measurement
National currency unit per US dollar is the standardized unit of measurement used. For countries that have adopted the Euro, the irrevocable conversion rates between the Euro and the national currencies of the member states have been used to convert time points prior to their entry into the European Monetary Union (EMU).
Sources
The Exchange Rates against US dollar Period End are sourced from the Federal Reserve Bank wherever available. Otherwise, they are sourced from each country's Central Bank, representative commercial banks or International Monetary Fund.
Tables:
Exchange Rate against USD: Period Avg: Annual
Exchange Rate against USD: Period End: Annual
WORLD TREND PLUS DATABASE:
Designed to be a single access point for benchmarking and reference data, CEIC World Trend Plus Database provides robust and in-depth insights into the performance of global economies
Content:
Easy Cross-Country Comparison via Global Economic Monitor and ASEAN Economic Monitor, offering a series of normalized data with extended history
CEIC Leading indicators and S&P Headline Purchasing Managers’ Indices providing an insight into future economic development
Country and Regional Macroeconomic Forecasts sourced from large international institutions such as IMF, World Bank and United Nations, as well as FocusEconomics Consensus Estimates coming from market participants
Major Commodity prices and indices, supply and demand metrics, as well as forecasts for Americas, MENA and Asia
Clear picture of the latest industry trends through International Associations data from sources such as Bank of International Settlement, OPEC, UNCTAD etc.