International Merchandise Trade Statistics: Exports: Commodities for OECD

US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted

OECDXTEXVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,176,283,000,000.00

Year-over-Year Change

4.01%

Date Range

1/1/1999 - 4/1/2025

Summary

This trend measures the US dollar exchange rate, converted to a monthly basis without seasonal adjustment. It is a key indicator of the US currency's relative value and global economic competitiveness.

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 tracks the value of the US dollar compared to other major world currencies. This data series, published by the OECD, provides a monthly, non-seasonally adjusted measure of the dollar's exchange rate, which is widely used by economists, policymakers, and market analysts.

Methodology

The data is collected and calculated by the OECD based on daily exchange rate information.

Historical Context

The US dollar exchange rate is a crucial input for economic analysis, trade policy, and international business decisions.

Key Facts

  • The US dollar is the world's primary reserve currency.
  • A stronger dollar can make US exports less competitive globally.
  • The dollar's exchange rate is closely watched by policymakers and investors.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monthly, non-seasonally adjusted US dollar exchange rate against other major world currencies.

Q: Why is this trend relevant for users or analysts?

A: The US dollar exchange rate is a critical indicator of the dollar's global purchasing power and the US economy's international competitiveness.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the OECD based on daily exchange rate information.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use the US dollar exchange rate to assess trade dynamics, inform monetary policy, and evaluate the relative strength of the US economy.

Q: Are there update delays or limitations?

A: This monthly, non-seasonally adjusted data series is published with a short lag and provides a timely snapshot of the US dollar's exchange rate.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (OECDXTEXVA01CXMLM), retrieved from FRED.