International Merchandise Trade Statistics: Trade Balance: Commodities for Switzerland
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
CHEXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,111,062,000.00
Year-over-Year Change
3.25%
Date Range
1/1/1957 - 6/1/2025
Summary
This economic trend measures the monthly exchange rate of the US dollar against a broad basket of foreign currencies, on a not seasonally adjusted basis. It provides important insights into the relative strength and competitiveness of the US dollar in global markets.
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, Monthly, Not Seasonally Adjusted series tracks the nominal broad exchange rate of the US dollar relative to the currencies of a large group of major US trading partners. This measure is widely used by economists and policymakers to assess the dollar's performance and its potential impacts on trade, inflation, and economic growth.
Methodology
The data is calculated by the Federal Reserve based on exchange rates for the currencies of major US trading partners.
Historical Context
This exchange rate trend is closely monitored by the Federal Reserve, the US Treasury, and global market participants for its implications on US trade, inflation, and overall economic conditions.
Key Facts
- The US dollar index reached a 20-year high in 2022.
- A stronger dollar can make US exports less competitive globally.
- Fluctuations in the dollar's exchange rate impact import/export prices and inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate of the US dollar against a broad basket of foreign currencies on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a critical indicator for assessing the relative strength and competitiveness of the US currency in global markets, with important implications for trade, inflation, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates for the currencies of major US trading partners.
Q: How is this trend used in economic policy?
A: This exchange rate trend is closely monitored by the Federal Reserve, the US Treasury, and global market participants for its implications on US trade, inflation, and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant delays, providing timely insights into the performance of the US dollar.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (CHEXTNTVA01CXMLM), retrieved from FRED.