International Merchandise Trade Statistics: Exports: Commodities for Brazil
Brazilian Real, Annual, Seasonally Adjusted
XTEXVA01BRA664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,809,353,000,000.00
Year-over-Year Change
287.23%
Date Range
1/1/1990 - 1/1/2024
Summary
The Brazilian Real, Annual, Seasonally Adjusted trend tracks the annual exchange rate between the Brazilian Real and the U.S. Dollar, adjusted for seasonal factors. This metric is closely monitored by economists and policymakers to assess Brazil's economic performance and international 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 Brazilian Real, Annual, Seasonally Adjusted series represents the average annual exchange rate between the Brazilian Real and the U.S. Dollar, with seasonal variations removed. It is a key indicator of Brazil's economic health and trade dynamics, as the Real's value against major currencies influences the country's import/export balance and purchasing power.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
This trend is widely used by economists, investors, and policymakers to analyze Brazil's macroeconomic conditions and guide decisions on trade, investment, and monetary policy.
Key Facts
- The Brazilian Real is the official currency of Brazil.
- Brazil is one of the world's largest emerging economies.
- Exchange rate movements impact Brazil's trade balance and inflation.
FAQs
Q: What does this economic trend measure?
A: The Brazilian Real, Annual, Seasonally Adjusted trend measures the average annual exchange rate between the Brazilian Real and the U.S. Dollar, with seasonal fluctuations removed.
Q: Why is this trend relevant for users or analysts?
A: This trend is highly relevant for economists, policymakers, and investors as it provides insights into Brazil's economic performance, trade dynamics, and international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The Brazilian Real, Annual, Seasonally Adjusted trend is used by policymakers, central banks, and analysts to inform decisions on trade, investment, and monetary policy related to Brazil's economy.
Q: Are there update delays or limitations?
A: The data is published with a delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Brazilian Real, Annual, Seasonally Adjusted (XTEXVA01BRA664S), retrieved from FRED.