International Merchandise Trade Statistics: Exports: Commodities for Portugal
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
PRTXTEXVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,916,142,000.00
Year-over-Year Change
7.02%
Date Range
1/1/1957 - 5/1/2025
Summary
This economic trend measures the U.S. dollar exchange rate, providing insights into the strength and international purchasing power of the U.S. currency.
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 U.S. dollars, exchange rate converted metric tracks the value of the U.S. dollar compared to a trade-weighted basket of foreign currencies. This is a key economic indicator used by policymakers, analysts, and businesses to assess the global competitiveness of American exports and imports.
Methodology
The data is collected and calculated monthly by the U.S. Federal Reserve.
Historical Context
The exchange rate trend is closely monitored for its impacts on trade, inflation, and economic growth.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- A stronger dollar makes U.S. exports more expensive and imports cheaper.
- The exchange rate is a key input for many economic models and forecasts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. dollar exchange rate, tracking the value of the dollar compared to a trade-weighted basket of foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate is a crucial economic indicator used to assess the global competitiveness of U.S. exports and imports, as well as the purchasing power of the dollar.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The exchange rate trend is closely monitored by policymakers, economists, and businesses for its impacts on trade, inflation, and overall economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (PRTXTEXVA01CXMLM), retrieved from FRED.