Nominal Broad U.S. Dollar Index
DTWEXBGS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.61
Year-over-Year Change
0.66%
Date Range
10/4/2021 - 8/1/2025
Summary
The Nominal Broad U.S. Dollar Index measures the weighted average exchange rate of the U.S. dollar against major world currencies. It provides a comprehensive view of the dollar's international purchasing power and relative strength in global financial 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
This index tracks the dollar's value across a broad range of currencies, reflecting international trade and financial dynamics. Economists and policymakers use it to assess the United States' economic competitiveness and monetary policy effectiveness.
Methodology
The Federal Reserve calculates the index using a trade-weighted geometric average of bilateral exchange rates with major trading partners.
Historical Context
Central banks, investors, and international trade analysts rely on this index to understand currency valuation trends and potential economic implications.
Key Facts
- Includes exchange rates from over 26 countries
- Updated regularly to reflect current trade patterns
- Serves as a critical indicator of global economic conditions
FAQs
Q: What does a rising dollar index indicate?
A: A rising index suggests the U.S. dollar is strengthening relative to other currencies, which can impact international trade and investment flows.
Q: How often is the Nominal Broad U.S. Dollar Index updated?
A: The index is typically updated daily, reflecting real-time changes in currency markets and international economic conditions.
Q: How do changes in the dollar index affect U.S. exports?
A: A stronger dollar can make U.S. exports more expensive, potentially reducing international competitiveness and demand for American goods.
Q: Why do investors care about this index?
A: Investors use the index to make informed decisions about international investments, currency trading, and assessing global economic trends.
Q: What are the limitations of this index?
A: The index does not capture all global currencies and may not perfectly reflect complex economic interactions between nations.
Related Trends
U.S. Dollars to Euro Spot Exchange Rate
DEXUSEU
Nominal Advanced Foreign Economies U.S. Dollar Index
DTWEXAFEGS
U.S. Dollars to Australian Dollar Spot Exchange Rate
DEXUSAL
U.S. Dollars to New Zealand Dollar Spot Exchange Rate
DEXUSNZ
South Korean Won to U.S. Dollar Spot Exchange Rate
DEXKOUS
South African Rand to U.S. Dollar Spot Exchange Rate
DEXSFUS
Citation
U.S. Federal Reserve, Nominal Broad U.S. Dollar Index [DTWEXBGS], retrieved from FRED.
Last Checked: 8/1/2025