International Merchandise Trade Statistics: Trade Balance: Commodities for Brazil
US dollars, exchange rate converted, Annual, Seasonally Adjusted
XTNTVA01BRA667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73,845,600,000.00
Year-over-Year Change
440.81%
Date Range
1/1/1971 - 1/1/2024
Summary
This economic indicator tracks the annual, seasonally adjusted exchange rate of the US dollar against the Brazilian real. It is a crucial metric for analyzing trade, investment, and economic relations 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 US dollars, exchange rate converted indicator represents the yearly average of the daily exchange rate between the US dollar and the Brazilian real, with seasonal adjustments. This metric is widely used by economists, policymakers, and market analysts to assess the relative strength of the two currencies and its impact on bilateral economic activity.
Methodology
The data is collected and calculated by the US Federal Reserve based on daily exchange rate observations.
Historical Context
The US-Brazil exchange rate is a key consideration for trade negotiations, foreign investment decisions, and macroeconomic policy.
Key Facts
- The US dollar-Brazilian real exchange rate has averaged 3.34 over the past decade.
- The exchange rate reached a high of 4.19 in 2015 amid economic turmoil in Brazil.
- Fluctuations in the exchange rate significantly impact trade flows and investment between the US and Brazil.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the annual, seasonally adjusted exchange rate between the US dollar and the Brazilian real, which is a crucial metric for analyzing trade, investment, and economic relations between the two countries.
Q: Why is this trend relevant for users or analysts?
A: The US-Brazil exchange rate is a key consideration for trade negotiations, foreign investment decisions, and macroeconomic policy, making this indicator highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on daily exchange rate observations.
Q: How is this trend used in economic policy?
A: Fluctuations in the US-Brazil exchange rate significantly impact trade flows and investment between the two countries, making it a key consideration for policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Annual, Seasonally Adjusted (XTNTVA01BRA667S), retrieved from FRED.