International Merchandise Trade Statistics: Trade Balance: Commodities for Argentina
US dollars, exchange rate converted, Monthly, Seasonally Adjusted
ARGXTNTVA01CXMLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
932,048,200.00
Year-over-Year Change
-54.74%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the monthly exchange rate for the US dollar, adjusted for seasonal factors. It is a key indicator of the dollar's global purchasing power and competitiveness.
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 dollar exchange rate, converted and seasonally adjusted, tracks the value of the US currency relative to a trade-weighted basket of foreign currencies. This metric is widely used by economists and policymakers to assess the dollar's international standing and the potential impacts on trade, investment, and inflation.
Methodology
The data is collected and calculated by the US Federal Reserve from various exchange rate sources.
Historical Context
The US dollar exchange rate is closely monitored by the Federal Reserve, US Treasury, and international institutions to inform economic and trade policy decisions.
Key Facts
- The US dollar is the world's dominant reserve currency.
- Exchange rates impact the prices of imports and exports.
- The Federal Reserve tracks the dollar's value to monitor inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate for the US dollar, adjusted to remove seasonal fluctuations. It tracks the dollar's value relative to a basket of major foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a key indicator of the dollar's global purchasing power and competitiveness. It is closely monitored by policymakers, economists, and investors to assess trade dynamics, inflation pressures, and the overall health of the US economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve from various exchange rate sources.
Q: How is this trend used in economic policy?
A: The US dollar exchange rate is closely tracked by the Federal Reserve, US Treasury, and international institutions to inform economic and trade policy decisions. It is a critical input for assessing the dollar's global standing and potential impacts on trade, investment, and inflation.
Q: Are there update delays or limitations?
A: The US dollar exchange rate data is published monthly with a short delay. There may be limitations in capturing all exchange rate sources, but the Federal Reserve applies seasonal adjustments to account for predictable fluctuations.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Seasonally Adjusted (ARGXTNTVA01CXMLSAM), retrieved from FRED.