International Merchandise Trade Statistics: Trade Balance: Commodities for Turkiye
Turkish Lira, Quarterly, Seasonally Adjusted
XTNTVA01TRQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,004,947,000,000.00
Year-over-Year Change
165.73%
Date Range
1/1/1955 - 4/1/2025
Summary
The Turkish Lira, Quarterly, Seasonally Adjusted series tracks the value of the Turkish Lira against a trade-weighted basket of foreign currencies on a quarterly basis, with seasonal adjustments.
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
This economic indicator provides insights into the strength and stability of the Turkish currency, which is a key factor in the country's international trade and financial markets. It is closely monitored by economists, policymakers, and investors to assess Turkey's economic performance and competitiveness.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on exchange rate information.
Historical Context
The Turkish Lira exchange rate is an important consideration for Turkey's central bank and government in formulating economic and monetary policies.
Key Facts
- The Turkish Lira has experienced significant volatility in recent years.
- Turkey's central bank has intervened to support the Lira during periods of weakness.
- The Lira's exchange rate is a key factor in Turkey's import/export competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Turkish Lira, Quarterly, Seasonally Adjusted series tracks the value of the Turkish Lira against a trade-weighted basket of foreign currencies on a quarterly basis, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the strength and stability of the Turkish currency, which is a key factor in the country's international trade and financial markets. It is closely monitored by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on exchange rate information.
Q: How is this trend used in economic policy?
A: The Turkish Lira exchange rate is an important consideration for Turkey's central bank and government in formulating economic and monetary policies.
Q: Are there update delays or limitations?
A: The data is provided on a quarterly basis, so there may be delays in the most recent information. Additionally, the seasonal adjustments may not fully capture all factors affecting the Lira's exchange rate.
Related Trends
Real Exports of Goods and Services for Turkey
NXRSAXDCTRQ
Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Turkiye
LREM25TTTRA156N
Production: Manufacturing: Total Manufacturing for Turkey
TURPRMNTO01GYSAM
Stock Market Turnover Ratio (Value Traded/Capitalization) for Turkey
DDEM01TRA156NWDB
Sales: Retail Trade: Car Registration: Passenger Cars for Turkey
TURSLRTCR03MLSAM
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Turkiye
LRUN24MATRQ156N
Citation
U.S. Federal Reserve, Turkish Lira, Quarterly, Seasonally Adjusted (XTNTVA01TRQ664S), retrieved from FRED.