International Merchandise Trade Statistics: Imports: Commodities for Denmark

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

DNKXTIMVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

35,819,190,000.00

Year-over-Year Change

-1.20%

Date Range

1/1/1957 - 4/1/2025

Summary

This economic trend measures the US dollar exchange rate, converted to US dollars on a quarterly basis without seasonal adjustments. It provides insight into the relative strength and purchasing power of the US dollar compared to other global currencies.

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, Quarterly, Not Seasonally Adjusted trend tracks the value of the US dollar relative to a basket of foreign currencies. This data is useful for economists and policymakers to assess the competitiveness of US exports, the purchasing power of US consumers, and the overall health of the US economy.

Methodology

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

Historical Context

This exchange rate trend is closely monitored by economists, investors, and policymakers to inform decisions about trade, monetary policy, and international business.

Key Facts

  • The US dollar is the world's dominant reserve currency.
  • Exchange rates impact the competitiveness of US exports.
  • Quarterly data provides insight into short-term currency fluctuations.

FAQs

Q: What does this economic trend measure?

A: This trend measures the US dollar exchange rate, converted to US dollars on a quarterly basis without seasonal adjustments. It tracks the value of the US dollar relative to a basket of foreign currencies.

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

A: This exchange rate trend is closely monitored by economists, investors, and policymakers to assess the competitiveness of US exports, the purchasing power of US consumers, 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.

Q: How is this trend used in economic policy?

A: This exchange rate trend informs decisions about trade, monetary policy, and international business.

Q: Are there update delays or limitations?

A: The data is provided on a quarterly basis, which may not capture short-term currency fluctuations.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (DNKXTIMVA01CXMLQ), retrieved from FRED.