International Merchandise Trade Statistics: Exports: Commodities for India
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
XTEXVA01INM667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,487,740,000.00
Year-over-Year Change
9.02%
Date Range
1/1/1990 - 4/1/2025
Summary
This economic trend measures the monthly exchange rate of the U.S. dollar against a broad index of foreign currencies on a not seasonally adjusted basis. It is a key indicator of the dollar's international purchasing power and 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 U.S. dollar exchange rate converted is a widely followed metric that tracks the value of the U.S. dollar relative to a basket of major trading partner currencies. This data series is used by economists, policymakers, and businesses to assess the dollar's strength and its potential impacts on trade, inflation, and financial markets.
Methodology
The Federal Reserve calculates this index based on exchange rates against the currencies of the U.S.'s main trading partners.
Historical Context
Policymakers and market analysts closely monitor the dollar exchange rate to understand its influence on the economy, trade, and financial conditions.
Key Facts
- The U.S. dollar exchange rate index is based on a broad basket of foreign currencies.
- The dollar index reached an all-time high in 2022 amid interest rate hikes and global economic uncertainty.
- Fluctuations in the dollar's value can significantly impact the prices of imported and exported goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate of the U.S. dollar against a broad index of foreign currencies on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a key indicator of the dollar's international purchasing power and competitiveness, which is closely monitored by economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on exchange rates against the currencies of the U.S.'s main trading partners.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the dollar exchange rate to understand its influence on the economy, trade, and financial conditions.
Q: Are there update delays or limitations?
A: The U.S. dollar exchange rate data is published monthly by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (XTEXVA01INM667N), retrieved from FRED.