International Merchandise Trade Statistics: Trade Balance: Commodities for Costa Rica

US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted

CRIXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-191,050,800.00

Year-over-Year Change

-24.35%

Date Range

1/1/1995 - 5/1/2025

Summary

This economic trend measures the monthly exchange rate of the US dollar against a broad basket of currencies, providing insight into the global value of the US currency.

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 metric tracks the nominal value of the US dollar relative to the currencies of major US trading partners. This indicator is closely monitored by economists and policymakers to assess the competitiveness of US exports and the purchasing power of the dollar.

Methodology

The data is collected and calculated by the US Federal Reserve.

Historical Context

The exchange rate trend provides important context for analyzing US trade, inflation, and monetary policy.

Key Facts

  • The US dollar exchange rate is a key macroeconomic indicator.
  • The exchange rate impacts the competitiveness of US exports and imports.
  • The Federal Reserve closely monitors the dollar's value in its policy decisions.

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 currencies, providing insight into the global value of the US currency.

Q: Why is this trend relevant for users or analysts?

A: The exchange rate trend is closely monitored by economists and policymakers as it provides important context for analyzing US trade, inflation, and monetary policy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the US Federal Reserve.

Q: How is this trend used in economic policy?

A: The exchange rate trend is used by the Federal Reserve and other institutions to assess the competitiveness of US exports and the purchasing power of the dollar, informing policy decisions.

Q: Are there update delays or limitations?

A: The exchange rate data is published monthly with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (CRIXTNTVA01CXMLM), retrieved from FRED.