International Merchandise Trade Statistics: Exports: Commodities for Estonia
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTEXVA01EEQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,099,657,000.00
Year-over-Year Change
-14.93%
Date Range
1/1/1993 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted exchange rate of the U.S. dollar against a broad index of major foreign currencies. It is a key indicator of the dollar's strength and international purchasing power.
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 an important barometer of the dollar's value in global trade and financial markets. Economists and policymakers closely monitor this indicator to assess the competitiveness of U.S. exports and the inflationary impact of imported goods.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on a trade-weighted index of major foreign currencies.
Historical Context
The exchange rate trend provides context for interpreting other economic indicators and informs monetary and trade policy decisions.
Key Facts
- The index is weighted by trade volume, not GDP.
- The exchange rate index has a base year of 1997.
- The dollar has depreciated over 15% since 2016.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted exchange rate of the U.S. dollar against a broad basket of major foreign currencies.
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, informing assessments of U.S. export competitiveness and imported inflation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on a trade-weighted index of major foreign currencies.
Q: How is this trend used in economic policy?
A: The exchange rate trend provides important context for interpreting other economic indicators and informs monetary and trade policy decisions by the Federal Reserve and other policymakers.
Q: Are there update delays or limitations?
A: The data is released quarterly with a slight delay, and the index methodology may not fully capture all factors influencing the dollar's valuation.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (XTEXVA01EEQ667S), retrieved from FRED.