International Merchandise Trade Statistics: Exports: Commodities for Israel
US dollars, exchange rate converted, Annual, Not Seasonally Adjusted
XTEXVA01ILA667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56,625,700,000.00
Year-over-Year Change
4.92%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend tracks the annual exchange rate of the U.S. dollar against a broad basket of foreign currencies. It provides insights into the dollar's valuation and competitiveness in global trade and financial markets.
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 a key macroeconomic indicator that reflects the strength and international purchasing power of the U.S. currency. This annual, not seasonally adjusted series is used by economists, policymakers, and investors to analyze trade dynamics, inflation, and capital flows.
Methodology
The Federal Reserve calculates this index using the trade-weighted average exchange rate of the U.S. dollar against a broad basket of major currencies.
Historical Context
The dollar exchange rate trends are closely monitored for their implications on U.S. exports, imports, and the competitiveness of American goods and services in global markets.
Key Facts
- The U.S. dollar exchange rate index uses a broad basket of major currencies.
- The index reflects the dollar's purchasing power and trade competitiveness.
- Trends in the dollar's exchange rate impact U.S. exports, imports, and inflation.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the annual, trade-weighted exchange rate of the U.S. dollar against a broad basket of foreign currencies. It provides insights into the dollar's valuation and purchasing power in global markets.
Q: Why is this trend relevant for users or analysts?
A: The dollar exchange rate is a key macroeconomic indicator used by economists, policymakers, and investors to analyze trade dynamics, inflation, and capital flows affecting the U.S. economy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index using the trade-weighted average exchange rate of the U.S. dollar against a broad basket of major currencies.
Q: How is this trend used in economic policy?
A: Trends in the dollar's exchange rate are closely monitored for their implications on U.S. exports, imports, and the competitiveness of American goods and services in global markets.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted series is published with a brief delay, reflecting the time required to collect and compile the underlying exchange rate data.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Annual, Not Seasonally Adjusted (XTEXVA01ILA667N), retrieved from FRED.