International Merchandise Trade Statistics: Trade Balance: Commodities for Australia
US dollars, exchange rate converted, Monthly, Seasonally Adjusted
XTNTVA01AUM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,070,279,000.00
Year-over-Year Change
-48.46%
Date Range
1/1/1958 - 5/1/2025
Summary
This economic trend measures the value of the U.S. dollar relative to a broad index of foreign currencies on a monthly basis, adjusted for seasonal factors.
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 is a key indicator of the dollar's strength and international purchasing power. It is widely used by economists, policymakers, and market analysts to assess the competitiveness of U.S. exports and imports.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
Fluctuations in the dollar's exchange rate have important implications for trade, inflation, and monetary policy.
Key Facts
- The U.S. dollar index reached a 20-year high in 2022.
- A stronger dollar makes U.S. exports more expensive for foreign buyers.
- The exchange rate is a key factor in the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the U.S. dollar relative to a broad basket of foreign currencies on a monthly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a crucial indicator of the dollar's strength and international purchasing power, with significant implications for trade, inflation, and monetary policy.
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 and market analysts closely monitor fluctuations in the dollar's exchange rate to assess the competitiveness of U.S. exports and imports, as well as to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Seasonally Adjusted (XTNTVA01AUM667S), retrieved from FRED.