US Dollars Monthly Level
XTIMVA01G7M667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
532,630,000,000.00
Year-over-Year Change
8.21%
Date Range
1/1/1970 - 8/1/2017
Summary
The 'US Dollars Monthly Level' trend measures the U.S. dollar's monthly value relative to a weighted basket of major foreign currencies. This key economic indicator helps assess the dollar's strength and its impact on trade, investment, and inflation.
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 Monthly Level' is an exchange rate index published by the U.S. Federal Reserve. It tracks the U.S. dollar's performance versus a trade-weighted set of foreign currencies, providing insight into the dollar's overall value in international markets.
Methodology
The data is calculated based on exchange rates between the U.S. dollar and other major currencies, weighted by each country's trade volume with the U.S.
Historical Context
This trend is closely monitored by policymakers, economists, and market participants to understand the dollar's role in the global economy.
Key Facts
- The US Dollar Index has been published since 1973.
- A rising index indicates a strengthening US dollar.
- The index is based on 6 major currencies: Euro, Yen, Pound, Canadian Dollar, Swedish Krona, and Swiss Franc.
FAQs
Q: What does this economic trend measure?
A: The 'US Dollars Monthly Level' trend tracks the weighted average value of the U.S. dollar against a basket of major foreign currencies. It provides a broad gauge of the dollar's overall strength in international markets.
Q: Why is this trend relevant for users or analysts?
A: The US Dollar Index is a key economic indicator used by policymakers, investors, and analysts to assess the dollar's purchasing power, competitiveness, and potential impacts on trade, inflation, and capital flows.
Q: How is this data collected or calculated?
A: The index is calculated based on the exchange rates between the U.S. dollar and six major foreign currencies, weighted by each country's trade volume with the United States.
Q: How is this trend used in economic policy?
A: The US Dollar Index is closely monitored by the Federal Reserve and other policymakers to understand the dollar's role in the global economy and its potential effects on trade, inflation, and monetary policy.
Q: Are there update delays or limitations?
A: The US Dollars Monthly Level data is published by the Federal Reserve with a one-month lag, reflecting the time required to collect and process the underlying exchange rate information.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for G7
G7NAEXKP06IXOBSAQ
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FAOI03CXCUQ
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for G7
G7LREMTTFESTQ
Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for G7
G7LFUNTTFESTSAQ
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for G7
G7LFEM64MASTSAQ
Balance of Payments: Capital Account: Expenditure for G7
G7B6CADB00CXCUQ
Citation
U.S. Federal Reserve, US Dollars Monthly Level (XTIMVA01G7M667S), retrieved from FRED.