FX rate to USD as implied based on PPP of private consumption reached 0.766 per USD in 2018 in Italy, according to the National Statistical Office. This is 2.35 % more than in the previous year.
Historically, FX rate to USD as implied based on PPP of private consumption in Italy reached an all time high of 0.891 per USD in 2005 and an all time low of 0.440 per USD in 1980. When compared to Italy's main peers, FX rate to USD as implied based on PPP of private consumption in Austria amounted to 0.829 per USD, 0.841 per USD in France, 0.645 per USD in Slovenia and 1.33 per USD in Switzerland in 2018.
Italy has been ranked 125th within the group of 151 countries we follow in terms of FX rate to USD as implied based on PPP of private consumption, 11 places above the position seen 10 years ago.
Money and quasi-money comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.