International Merchandise Trade Statistics: Exports: Commodities for Portugal
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
PRTXTEXVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,235,590,000.00
Year-over-Year Change
8.71%
Date Range
1/1/1957 - 1/1/2025
Summary
This economic trend measures the U.S. dollar exchange rate against a broad basket of foreign currencies on a quarterly basis without seasonal adjustment.
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. dollar exchange rate is a key indicator of the dollar's relative strength and international purchasing power. Economists and policymakers monitor this trend to assess the competitiveness of U.S. exports and imports.
Methodology
The data is calculated by the Federal Reserve based on exchange rates for a trade-weighted index of major currencies.
Historical Context
The dollar exchange rate is closely watched for its implications on trade, inflation, and monetary policy.
Key Facts
- The U.S. dollar is the world's dominant reserve currency.
- A stronger dollar makes U.S. exports more expensive but imports cheaper.
- The trade-weighted dollar index tracks the dollar against a basket of major currencies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the U.S. dollar relative to a broad basket of foreign currencies on a quarterly basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The dollar exchange rate is a key indicator of the dollar's strength and international purchasing power, with implications for trade, inflation, and monetary policy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this trade-weighted index based on exchange rates for major currencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the dollar exchange rate to assess the competitiveness of U.S. exports and imports, as well as its broader macroeconomic impacts.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be lags in availability compared to real-time exchange rate movements.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (PRTXTEXVA01CXMLQ), retrieved from FRED.