International Merchandise Trade Statistics: Trade Balance: Commodities for Turkiye
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTNTVA01TRQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-25,947,490,000.00
Year-over-Year Change
8.19%
Date Range
1/1/1957 - 4/1/2025
Summary
This economic trend measures the U.S. dollar's exchange rate on a quarterly basis, adjusted for seasonal variations. It provides insight into the international purchasing power and competitiveness of the U.S. currency.
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 converted index tracks the value of the dollar relative to a basket of major foreign currencies. This trend is widely used by economists, policymakers, and market analysts to assess the dollar's strength and implications for trade, investment, and inflation.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
The exchange rate trend informs decisions around monetary policy, import/export dynamics, and the international competitiveness of U.S. goods and services.
Key Facts
- The U.S. dollar exchange rate is a key indicator of the currency's global purchasing power.
- Fluctuations in the exchange rate can impact import/export dynamics and the relative prices of U.S. goods.
- The Federal Reserve tracks this trend to help inform monetary policy and monitor the dollar's international standing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. dollar's exchange rate against a basket of major foreign currencies on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate is a crucial indicator of the dollar's international purchasing power and competitiveness, which informs decisions around trade, investment, and inflation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this exchange rate trend to help guide monetary policy and understand the implications for the U.S. economy's international position.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay, and may be subject to revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (XTNTVA01TRQ667S), retrieved from FRED.