International Merchandise Trade Statistics: Exports: Commodities for Sweden
US dollars, exchange rate converted, Monthly, Seasonally Adjusted
XTEXVA01SEM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,017,430,000.00
Year-over-Year Change
10.44%
Date Range
1/1/1957 - 6/1/2025
Summary
The US dollars, exchange rate converted series measures the value of the US dollar relative to a basket of major currencies on a monthly basis. This metric is closely watched by economists and policymakers to assess the global competitiveness of the US economy.
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 US dollars, exchange rate converted series provides a weighted average of the foreign exchange value of the US dollar against a broad basket of major currencies. It is an important economic indicator used to gauge the international purchasing power and trade dynamics of the US dollar.
Methodology
This data is collected and calculated by the US Federal Reserve based on exchange rates reported in global foreign exchange markets.
Historical Context
The US dollars, exchange rate converted series is widely referenced by analysts, investors, and policymakers to interpret economic conditions and inform monetary and fiscal policy decisions.
Key Facts
- The US dollar is the world's primary reserve currency.
- The dollar's exchange rate impacts the prices of imported and exported goods.
- The Federal Reserve monitors the dollar's value to gauge US economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: The US dollars, exchange rate converted series measures the weighted average foreign exchange value of the US dollar against a broad basket of major currencies on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and market participants to assess the global purchasing power and trade dynamics of the US dollar, which is a key factor in the international competitiveness of the US economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on exchange rates reported in global foreign exchange markets.
Q: How is this trend used in economic policy?
A: The US dollars, exchange rate converted series is widely referenced by analysts, investors, and policymakers to interpret economic conditions and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Seasonally Adjusted (XTEXVA01SEM667S), retrieved from FRED.