International Merchandise Trade Statistics: Exports: Commodities for G20
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
G20XTEXVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,605,367,000,000.00
Year-over-Year Change
3.38%
Date Range
5/1/2016 - 5/1/2025
Summary
This economic trend measures the monthly exchange rate of the US dollar against a broad basket of foreign currencies, not seasonally adjusted. It provides insight into the relative strength and purchasing power of the US currency globally.
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 dollar exchange rate index tracks the value of the US dollar against a weighted average of major foreign currencies. This broad measure is used by economists and policymakers to assess the international competitiveness of US goods and services.
Methodology
The data is calculated by the Federal Reserve based on exchange rates published by the Bank for International Settlements.
Historical Context
The US dollar exchange rate is a key indicator monitored by the Federal Reserve, markets, and trade analysts.
Key Facts
- The index uses a trade-weighted average of over 20 major currencies.
- A higher index indicates a stronger US dollar compared to trading partners.
- The dollar's value can impact US exports, imports, and inflation.
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 foreign currencies, providing insight into the relative strength and purchasing power of the US currency globally.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate index is a key indicator monitored by the Federal Reserve, markets, and trade analysts to assess the international competitiveness of US goods and services.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates published by the Bank for International Settlements.
Q: How is this trend used in economic policy?
A: The US dollar exchange rate is a key indicator used by the Federal Reserve and policymakers to inform monetary policy decisions and assessments of the US economic outlook.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays, providing timely information on the US dollar's exchange rate performance.
Related Trends
Balance of payments BPM6: Financial account: Direct investment: Direct investment Net for G20
G20B6FADI01CXCUQ
Balance of payments BPM6: Financial account: Financial derivatives: Financial derivatives Net for G20
G20B6FAFD01CXCUQ
Balance of payments BPM6: Financial account: Reserve assets: Reserve assets Net for G20
G20B6FARA01CXCUQ
International Merchandise Trade Statistics: Exports: Commodities for G20
G20XTEXVA01CXMLSAM
Balance of payments BPM6: Current account Debits: Secondary income: Total Debits for G20
G20B6DBSI01CXCUQ
Balance of Payments: Services: Expenditure for G20
G20B6DBSE01CXCUSAQ
Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (G20XTEXVA01CXMLM), retrieved from FRED.