International Merchandise Trade Statistics: Exports: Commodities for Argentina
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
ARGXTEXVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,044,780,000.00
Year-over-Year Change
-16.44%
Date Range
1/1/1990 - 4/1/2025
Summary
This economic trend measures the exchange rate of the US dollar against a broad basket of foreign currencies on a quarterly basis, without seasonal adjustments. It provides insights into the relative strength and international purchasing power of the US dollar.
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 US dollars, exchange rate converted indicator tracks the value of the US dollar relative to a weighted average of other major currencies. This metric is widely used by economists and policymakers to assess the competitiveness of US exports, the purchasing power of US consumers, and broader international financial conditions.
Methodology
The data is collected and calculated by the US Federal Reserve based on exchange rate information from foreign exchange markets.
Historical Context
This exchange rate trend is closely monitored by the Federal Reserve, US Treasury, and international trade analysts to inform economic and policy decisions.
Key Facts
- The US dollar is the world's dominant reserve currency.
- A strong US dollar makes US exports less competitive globally.
- Exchange rate fluctuations impact the purchasing power of US consumers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the US dollar relative to a weighted basket of foreign currencies on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a key indicator of the dollar's international purchasing power and the competitiveness of US exports, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on exchange rate information from foreign exchange markets.
Q: How is this trend used in economic policy?
A: The US dollar exchange rate trend is closely monitored by the Federal Reserve, US Treasury, and international trade analysts to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with no seasonal adjustments, and is subject to the timeliness and accuracy of the underlying exchange rate information.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (ARGXTEXVA01CXMLQ), retrieved from FRED.