International Merchandise Trade Statistics: Trade Balance: Commodities for Colombia
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
COLXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,776,400,000.00
Year-over-Year Change
63.78%
Date Range
1/1/1990 - 5/1/2025
Summary
This economic trend measures the monthly exchange rate of the U.S. dollar against a broad basket of currencies on a non-seasonally adjusted basis. It provides important insights into the global competitiveness of the U.S. economy.
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 U.S. dollars, exchange rate converted metric tracks the value of the U.S. dollar relative to a weighted average of foreign currencies. This index is a key indicator of the dollar's strength and can influence trade, investment, and policy decisions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the U.S. economic position and guide decisions.
Key Facts
- The U.S. dollar index has a base year of 1997.
- The index includes 26 foreign currencies weighted by trade volume.
- The index reached an all-time high in March 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate of the U.S. dollar against a broad basket of foreign currencies on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a key indicator of the dollar's strength and global competitiveness, influencing trade, investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this trend to assess the U.S. economic position and guide decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (COLXTNTVA01CXMLM), retrieved from FRED.