International Merchandise Trade Statistics: Trade Balance: Commodities for Russia
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
XTNTVA01RUM667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,259,000,000.00
Year-over-Year Change
-21.39%
Date Range
1/1/1991 - 6/1/2025
Summary
This economic trend tracks the U.S. dollar exchange rate on a monthly, non-seasonally adjusted basis. It is a key indicator of the dollar's relative value and global purchasing power.
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 reflects the value of the dollar compared to other major currencies. This metric is closely watched by policymakers, investors, and analysts to assess the dollar's strength and its impact on international trade, investment, and the domestic economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Historical Context
The dollar exchange rate is a crucial input for understanding economic and market conditions, as well as informing monetary and trade policy decisions.
Key Facts
- The U.S. dollar is the world's leading reserve currency.
- A stronger dollar can make U.S. exports more expensive and imports cheaper.
- The dollar exchange rate impacts the competitiveness of U.S. goods and services globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. dollar's exchange rate against other major currencies on a monthly, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The dollar exchange rate is a critical indicator of the dollar's global purchasing power and competitiveness, which has significant implications for trade, investment, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market quotations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the dollar exchange rate to inform decisions on monetary policy, trade policy, and strategies for maintaining the dollar's global reserve currency status.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with no significant update delays. However, the non-seasonally adjusted nature of the series may limit some analyses.
Related Trends
Value of Exports to Russia from Colorado
CORUSA052SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Russia
RUSCP060000IXOBM
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Russian Federation
RUSFCSODCHXDC
Value of Exports to Russia from California
CARUSA052SCEN
Gross Domestic Product for Russian Federation
MKTGDPRUA646NWDB
International Merchandise Trade Statistics: Trade Balance: Commodities for Russia
XTNTVA01RUQ667N
Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (XTNTVA01RUM667N), retrieved from FRED.