International Merchandise Trade Statistics: Imports: Commodities for Australia
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTIMVA01AUQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69,179,050,000.00
Year-over-Year Change
-4.71%
Date Range
1/1/1958 - 1/1/2025
Summary
This economic trend measures the U.S. dollar's exchange rate, providing insight into the country's trade dynamics and economic 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. dollars, exchange rate converted series tracks the value of the U.S. dollar relative to a basket of other major currencies on a quarterly, seasonally adjusted basis. This metric is widely used by economists and policymakers to analyze the nation's trade position and international economic influence.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
The exchange rate trend informs monetary and trade policy decisions.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- Exchange rates can impact import/export prices and consumer purchasing power.
- Policymakers monitor exchange rates to assess trade imbalances and global economic influence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the U.S. dollar relative to a basket of other major currencies on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate trend provides insight into the U.S. trade position and economic competitiveness, informing monetary and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers monitor exchange rate trends to assess trade imbalances and the country's global economic influence, informing monetary and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly, seasonally adjusted basis with no significant delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (XTIMVA01AUQ667S), retrieved from FRED.