National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Brazil
Brazilian Real, Annual
NAEXKP06BRA652S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
176,610,775,110.00
Year-over-Year Change
30.76%
Date Range
1/1/1996 - 1/1/2022
Summary
The Brazilian Real, Annual series measures the average annual exchange rate between the Brazilian real and the U.S. dollar. This metric is closely watched by economists and policymakers to assess Brazil's international competitiveness and trade dynamics.
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 Brazilian real is the official currency of Brazil. The annual exchange rate reflects the purchasing power of the real compared to the U.S. dollar over a 12-month period. This data provides insight into Brazil's economic performance and can inform trade, investment, and monetary policy decisions.
Methodology
The data is collected and reported by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The Brazilian real exchange rate is a key indicator used by financial markets, international institutions, and policymakers to evaluate Brazil's economic health and global trade position.
Key Facts
- The Brazilian real has depreciated over 40% against the U.S. dollar since 2013.
- Brazil is one of the world's largest economies and a major trading partner for the U.S.
- The real's exchange rate is heavily influenced by commodity prices, political stability, and monetary policy in Brazil.
FAQs
Q: What does this economic trend measure?
A: The Brazilian Real, Annual series measures the average annual exchange rate between the Brazilian real and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The Brazilian real exchange rate is a crucial indicator of Brazil's international competitiveness and can inform trade, investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The Brazilian real exchange rate is closely monitored by policymakers, markets, and international institutions to evaluate Brazil's economic performance and trade dynamics.
Q: Are there update delays or limitations?
A: The data is released annually without significant delays, providing a reliable snapshot of the real's exchange rate over a 12-month period.
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Citation
U.S. Federal Reserve, Brazilian Real, Annual (NAEXKP06BRA652S), retrieved from FRED.