Nominal Emerging Market Economies U.S. Dollar Index

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

Latest Value

132.15

Year-over-Year Change

0.38%

Date Range

10/12/2021 - 8/8/2025

Summary

The Nominal Emerging Market Economies U.S. Dollar Index tracks the value of the U.S. dollar relative to currencies of key emerging market economies. This index provides critical insights into international currency dynamics and global economic interactions.

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 represents the weighted average exchange rate between the U.S. dollar and currencies from emerging market economies, reflecting relative economic strengths and international trade relationships. Economists use it to assess currency valuation, trade competitiveness, and cross-border financial movements.

Methodology

The index is calculated using a trade-weighted methodology that considers the economic significance and trade volumes of participating emerging market currencies.

Historical Context

Central banks, international financial institutions, and policymakers use this index to evaluate currency trends, assess economic vulnerabilities, and inform monetary policy decisions.

Key Facts

  • Tracks dollar value against emerging market currencies
  • Provides insights into international economic relationships
  • Weighted by trade volume and economic significance

FAQs

Q: What emerging markets are included in this index?

A: The index typically includes major emerging economies like Brazil, India, China, and other significant developing nations with substantial international trade.

Q: How often is the index updated?

A: The Federal Reserve updates this index regularly, typically on a daily or weekly basis, reflecting current market conditions and exchange rates.

Q: Why do economists find this index important?

A: The index helps analyze currency valuation, international trade competitiveness, and potential economic vulnerabilities in emerging markets.

Q: How does this index impact investment strategies?

A: Investors use this index to assess currency risks, evaluate international investment opportunities, and understand global economic trends.

Q: What are the limitations of this index?

A: The index represents a snapshot of currency values and may not capture all nuanced economic factors or rapid market changes.

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Citation

U.S. Federal Reserve, Nominal Emerging Market Economies U.S. Dollar Index [DTWEXEMEGS], retrieved from FRED.

Last Checked: 8/1/2025

Nominal Emerging Market Economies U.S. Dollar Index | US Economic Trends