International Merchandise Trade Statistics: Imports: Commodities for Japan
US dollars, exchange rate converted, Annual, Seasonally Adjusted
XTIMVA01JPA667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
741,260,400,000.00
Year-over-Year Change
-16.04%
Date Range
1/1/1957 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted exchange rate of the US dollar against a trade-weighted basket of currencies. It is a key indicator of the dollar's international purchasing power and 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 US Dollar Exchange Rate is an important measure of the dollar's value relative to other major world currencies. It reflects the market's assessment of the dollar's strength and can influence international trade, investment flows, and monetary policy decisions.
Methodology
The data is collected and calculated by the Federal Reserve based on exchange rate quotations.
Historical Context
Policymakers and analysts closely monitor the dollar exchange rate to gauge its impact on the US economy and international trade dynamics.
Key Facts
- The US dollar is the world's primary reserve currency.
- A stronger dollar makes US exports more expensive abroad.
- Fluctuations in the dollar exchange rate can affect inflation and import/export prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted exchange rate of the US dollar against a trade-weighted basket of currencies.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a critical indicator of the dollar's international purchasing power and competitiveness, influencing trade, investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Reserve based on exchange rate quotations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the dollar exchange rate to gauge its impact on the US economy and international trade dynamics.
Q: Are there update delays or limitations?
A: The data is reported annually and may not reflect short-term exchange rate fluctuations.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Annual, Seasonally Adjusted (XTIMVA01JPA667S), retrieved from FRED.