International Merchandise Trade Statistics: Imports: Commodities for Austria

US dollars, exchange rate converted, Monthly, Seasonally Adjusted

XTIMVA01ATM667S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18,902,860,000.00

Year-over-Year Change

5.22%

Date Range

1/1/1957 - 5/1/2025

Summary

This economic trend measures the monthly, seasonally adjusted exchange rate of the U.S. dollar against a trade-weighted basket of global currencies. It is a key indicator of the dollar's international purchasing power and trade 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 series tracks the value of the U.S. dollar relative to the currencies of major U.S. trading partners. It is used by economists, policymakers, and market analysts to assess the dollar's strength, trade dynamics, and potential impacts on exports, imports, and inflation.

Methodology

The data is calculated by the U.S. Federal Reserve based on exchange rates from global currency markets.

Historical Context

The dollar exchange rate trend is closely monitored for its influence on international trade, capital flows, and the domestic economy.

Key Facts

  • The U.S. dollar is the world's primary reserve currency.
  • A stronger dollar makes U.S. exports more expensive abroad.
  • Fluctuations in the dollar's value can impact domestic inflation.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monthly, seasonally adjusted exchange rate of the U.S. dollar against a trade-weighted basket of global currencies.

Q: Why is this trend relevant for users or analysts?

A: The dollar exchange rate is a key indicator of the dollar's international purchasing power and trade competitiveness, with implications for exports, imports, and domestic inflation.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve based on exchange rates from global currency markets.

Q: How is this trend used in economic policy?

A: The dollar exchange rate trend is closely monitored by policymakers, economists, and market analysts for its influence on international trade, capital flows, and the broader economy.

Q: Are there update delays or limitations?

A: The data is published monthly with no significant delays, providing timely insights into the dollar's international exchange rate.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Seasonally Adjusted (XTIMVA01ATM667S), retrieved from FRED.