International Merchandise Trade Statistics: Trade Balance: Commodities for Portugal
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTNTVA01PTQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7,785,997,000.00
Year-over-Year Change
-7.40%
Date Range
1/1/1957 - 1/1/2025
Summary
This economic trend measures the US dollar's exchange rate on a quarterly, seasonally adjusted basis. It is a key indicator of the dollar's strength and global purchasing power, which is crucial for international trade, investment, and economic policy.
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 data series tracks the value of the US dollar against a trade-weighted basket of foreign currencies. This metric provides insight into the dollar's overall competitiveness and can influence factors like import/export dynamics, capital flows, and multinational corporate decisions.
Methodology
The data is collected and calculated by the US Federal Reserve based on exchange rates reported in international markets.
Historical Context
Policymakers and analysts use this exchange rate trend to assess the dollar's impact on the broader economy and to inform decisions around monetary policy, trade agreements, and global investment.
Key Facts
- The US dollar is the world's primary reserve currency.
- Exchange rates impact the prices of imported and exported goods.
- Fluctuations in the dollar can affect multinational corporate profits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the US dollar relative to a trade-weighted basket of foreign currencies on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The dollar's exchange rate is a key indicator of the currency's strength and global purchasing power, which influences international trade, investment flows, and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on exchange rates reported in international markets.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this exchange rate trend to assess the dollar's impact on the broader economy and to inform decisions around monetary policy, trade agreements, and global investment.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a delay in reflecting the most recent exchange rate movements.
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Citation
U.S. Federal Reserve, US Dollars, Exchange Rate Converted (XTNTVA01PTQ667S), retrieved from FRED.