International Merchandise Trade Statistics: Imports: Commodities for Russia
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
XTIMVA01RUQ667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72,843,000,000.00
Year-over-Year Change
28.38%
Date Range
1/1/1991 - 4/1/2025
Summary
This economic trend measures the US dollar exchange rate converted to a quarterly, non-seasonally adjusted basis. It is a key indicator for analyzing international trade, capital flows, and the relative strength of the US currency.
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, exchange rate converted metric tracks the value of the US dollar against a trade-weighted basket of foreign currencies. This data series is used by economists, policymakers, and market analysts to assess the international purchasing power of the US currency and its impact on exports, imports, and capital movements.
Methodology
The Federal Reserve calculates this exchange rate index based on trade data and foreign exchange market prices.
Historical Context
The US dollar exchange rate is a critical input for monetary and trade policy decisions.
Key Facts
- The US dollar index has risen over 20% since 2014.
- A stronger US dollar makes US exports less competitive globally.
- The exchange rate is a key factor in the US trade deficit.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the value of the US dollar against a basket of major foreign currencies on a quarterly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a critical economic indicator used to assess the international purchasing power of the US currency and its impact on trade, capital flows, and monetary policy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this exchange rate index based on trade data and foreign exchange market prices.
Q: How is this trend used in economic policy?
A: The US dollar exchange rate is a key input for monetary and trade policy decisions by the Federal Reserve, Treasury Department, and other government institutions.
Q: Are there update delays or limitations?
A: This data series is released quarterly with a lag, and does not account for day-to-day currency market fluctuations.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (XTIMVA01RUQ667N), retrieved from FRED.