International Merchandise Trade Statistics: Imports: Commodities for Portugal
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
PRTXTIMVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,546,370,000.00
Year-over-Year Change
17.06%
Date Range
1/1/1957 - 5/1/2025
Summary
This economic trend measures the US dollar exchange rate against a broad basket of foreign currencies on a monthly basis. It provides insight into the relative strength of the US dollar and has implications for international trade, investment, and economic policymaking.
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 dollars, exchange rate converted, Monthly, Not Seasonally Adjusted series tracks the nominal exchange value of the US dollar relative to a comprehensive index of foreign currencies. This metric is used by economists, policymakers, and market analysts to assess the purchasing power and international competitiveness of the US dollar.
Methodology
The data is collected and calculated by the US Federal Reserve based on exchange rates in global foreign exchange markets.
Historical Context
This exchange rate trend is closely monitored by the Federal Reserve and other institutions to inform monetary, fiscal, and trade policies.
Key Facts
- The US dollar index has risen over 30% since 2014.
- A stronger US dollar makes US exports more expensive for foreign buyers.
- The Federal Reserve closely tracks exchange rate trends to assess economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the nominal exchange value of the US dollar against a comprehensive basket of foreign currencies on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate has significant implications for international trade, investment flows, and the purchasing power of American consumers and businesses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on exchange rates in global foreign exchange markets.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this exchange rate trend to inform monetary, fiscal, and trade policies that impact the US economy.
Q: Are there update delays or limitations?
A: This data is released monthly by the Federal Reserve with minimal delays, providing timely insight into exchange rate movements.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (PRTXTIMVA01CXMLM), retrieved from FRED.