International Merchandise Trade Statistics: Exports: Commodities for Brazil
US dollars, exchange rate converted, Annual, Not Seasonally Adjusted
XTEXVA01BRA667N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
337,046,200,000.00
Year-over-Year Change
40.46%
Date Range
1/1/1964 - 1/1/2024
Summary
This economic trend measures the annual exchange rate of the U.S. dollar against the Brazilian real, providing insights into the relative strength of the two currencies.
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 to Brazilian real exchange rate is a key indicator of the purchasing power parity between the two economies. It is widely used by economists, policymakers, and international businesses to analyze trade dynamics, investment flows, and relative inflation.
Methodology
This data is collected and reported by the U.S. Federal Reserve based on official exchange rate information.
Historical Context
Monitoring the U.S. dollar to real exchange rate helps inform monetary, fiscal, and trade policies between the United States and Brazil.
Key Facts
- The U.S. dollar to Brazilian real exchange rate is reported annually.
- Brazil is one of the United States' largest trading partners in Latin America.
- Exchange rate fluctuations impact the competitiveness of exports and imports between the two countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual exchange rate of the U.S. dollar against the Brazilian real, indicating the relative strength and purchasing power of the two currencies.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar to Brazilian real exchange rate is a crucial indicator for understanding trade dynamics, investment flows, and relative inflation between the United States and Brazil.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve based on official exchange rate information.
Q: How is this trend used in economic policy?
A: Monitoring the U.S. dollar to real exchange rate helps inform monetary, fiscal, and trade policies between the United States and Brazil.
Q: Are there update delays or limitations?
A: This data is reported annually, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Annual, Not Seasonally Adjusted (XTEXVA01BRA667N), retrieved from FRED.