International Merchandise Trade Statistics: Trade Balance: Commodities for Brazil
US dollars, exchange rate converted, Annual, Not Seasonally Adjusted
XTNTVA01BRA667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,176,550,000.00
Year-over-Year Change
401.66%
Date Range
1/1/1971 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted exchange rate of the U.S. dollar against the Brazilian real. It is a key indicator of relative currency strength and trade dynamics between the two countries.
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 to Brazilian real exchange rate is a widely followed metric in international finance and macroeconomic analysis. It reflects the purchasing power parity and market forces shaping the value of the two national currencies.
Methodology
This data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
Policymakers and analysts use this exchange rate trend to assess trade competitiveness, inflation pressures, and capital flows between the U.S. and Brazil.
Key Facts
- The U.S. dollar to Brazilian real exchange rate has fluctuated significantly over the past decade.
- Brazil is a major trading partner for the United States.
- Exchange rate trends impact cross-border commerce and investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted exchange rate of the U.S. dollar against the Brazilian real, a key indicator of relative currency strength between the two countries.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar to Brazilian real exchange rate is widely followed by policymakers, investors, and economists to assess trade dynamics, inflation pressures, and capital flows between the two economies.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this exchange rate data based on market exchange rates.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this exchange rate trend to evaluate trade competitiveness, inflationary pressures, and capital flows between the United States and Brazil.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted exchange rate data is published by the Federal Reserve with minimal delays, providing a timely representation of currency market dynamics.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Annual, Not Seasonally Adjusted (XTNTVA01BRA667N), retrieved from FRED.