International Merchandise Trade Statistics: Exports: Commodities for Turkiye
Turkish Lira, Quarterly, Not Seasonally Adjusted
XTEXVA01TRQ664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,560,316,000,000.00
Year-over-Year Change
147.25%
Date Range
1/1/1955 - 4/1/2025
Summary
This economic trend measures the exchange rate of the Turkish lira against the U.S. dollar on a quarterly, non-seasonally adjusted basis. It is a key indicator for analyzing Turkey's economic performance and competitiveness in global 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 Turkish lira exchange rate is a widely tracked metric that reflects the relative strength and stability of Turkey's currency. This data series provides the nominal exchange rate, which is important for assessing Turkey's trade balance, inflation, and international purchasing power.
Methodology
The data is collected and reported by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Policymakers and analysts use this exchange rate trend to evaluate Turkey's macroeconomic conditions and inform decisions related to monetary, fiscal, and trade policies.
Key Facts
- The Turkish lira is the official currency of Turkey.
- Turkey's economy is heavily dependent on exports and international trade.
- Exchange rate fluctuations can significantly impact Turkey's inflation and cost of living.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, non-seasonally adjusted exchange rate of the Turkish lira against the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: The Turkish lira exchange rate is a crucial indicator for assessing Turkey's economic performance, international competitiveness, and the impact of exchange rate movements on inflation, trade, and investment.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this exchange rate trend to evaluate Turkey's macroeconomic conditions and inform decisions related to monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, Turkish Lira, Quarterly, Not Seasonally Adjusted (XTEXVA01TRQ664N), retrieved from FRED.