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 News
U.S. Stock Market Rises Amid PCE Inflation Report Analysis
U.S. Stock Market Climbs Amidst Insights from PCE Inflation Report Investors in the U.S. stock market are focusing on the most recent PCE Inflation...
Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...
U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...
S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highl...
U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...
Related Trends
U.S. Dollars to New Zealand Dollar Spot Exchange Rate
DEXUSNZ
Nominal Advanced Foreign Economies U.S. Dollar Index
DTWEXAFEGS
Mexican Pesos to U.S. Dollar Spot Exchange Rate
DEXMXUS
Canadian Dollars to U.S. Dollar Spot Exchange Rate
DEXCAUS
Norwegian Kroner to U.S. Dollar Spot Exchange Rate
DEXNOUS
U.S. Dollars to Euro Spot Exchange Rate
DEXUSEU
Citation
U.S. Federal Reserve, Nominal Broad U.S. Dollar Index [DTWEXBGS], retrieved from FRED.
Last Checked: 8/1/2025