International Merchandise Trade Statistics: Exports: Commodities for Brazil
US dollars, exchange rate converted, Annual, Seasonally Adjusted
XTEXVA01BRA667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
336,062,700,000.00
Year-over-Year Change
40.36%
Date Range
1/1/1964 - 1/1/2024
Summary
This annual, seasonally adjusted series measures the U.S. dollar exchange rate against the Brazilian real, a key economic indicator for trade and investment.
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 to Brazilian real exchange rate tracks the relative value of the two currencies, which is crucial for analyzing cross-border economic activity between the world's largest and ninth-largest economies.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This exchange rate trend is widely monitored by economists, policymakers, and market analysts to understand exchange rate dynamics and their implications.
Key Facts
- The U.S. is Brazil's largest trading partner.
- Brazil is the world's 9th largest economy by GDP.
- Exchange rates impact cross-border investments and trade flows.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted exchange rate between the U.S. dollar and the Brazilian real, the national currency of Brazil.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar to Brazilian real exchange rate is a critical indicator for understanding trade dynamics, cross-border investment flows, and the relative economic performance between the world's largest and ninth-largest economies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this exchange rate trend to assess trade competitiveness, international capital flows, and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted exchange rate data is published by the Federal Reserve with minimal delay, providing timely insights into this important economic indicator.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Annual, Seasonally Adjusted (XTEXVA01BRA667S), retrieved from FRED.