National Currency, Quarterly
XFORUS01JPQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,270,547,000,000.00
Year-over-Year Change
24.66%
Date Range
1/1/1984 - 4/1/2012
Summary
The National Currency, Quarterly series measures the value of the U.S. dollar relative to a basket of major global currencies on a quarterly basis. This important indicator provides insight into the strength and stability of the American 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 National Currency, Quarterly index tracks the U.S. dollar's exchange rate compared to the currencies of major U.S. trading partners. It is a widely followed metric that reflects the dollar's purchasing power and can impact international trade, foreign investment, and macroeconomic policies.
Methodology
The data is calculated by the U.S. Federal Reserve based on exchange rates in global foreign exchange markets.
Historical Context
Policymakers and analysts use this trend to assess the competitiveness of U.S. exports and the purchasing power of American consumers and businesses in global markets.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- The National Currency index has a base year of 2006.
- Quarterly updates allow for timely analysis of currency market trends.
FAQs
Q: What does this economic trend measure?
A: The National Currency, Quarterly series tracks the value of the U.S. dollar against a basket of major global currencies on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The dollar's exchange rate is a critical indicator of the U.S. economy's strength and competitiveness in global trade and investment.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the National Currency index based on exchange rates in international foreign exchange markets.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the dollar's purchasing power and the competitiveness of U.S. exports, which can inform monetary and trade policies.
Q: Are there update delays or limitations?
A: The National Currency, Quarterly series is updated on a regular quarterly schedule, providing timely data for analysis.
Related Trends
International Merchandise Trade Statistics: Exports: Commodities for Japan
XTEXVA01JPM667S
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JPNSLRTTO02IXOBSAM
National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Japan
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Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Japan
JPNB6BLTT02STSAQ
National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Japan
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Citation
U.S. Federal Reserve, National Currency, Quarterly (XFORUS01JPQ189N), retrieved from FRED.