International Merchandise Trade Statistics: Imports: Commodities for Japan
Yen, Annual, Not Seasonally Adjusted
XTIMVA01JPA664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112,559,100,000,000.00
Year-over-Year Change
59.23%
Date Range
1/1/1955 - 1/1/2024
Summary
The 'Yen, Annual, Not Seasonally Adjusted' trend measures the annual average exchange rate between the Japanese yen and the U.S. dollar. It is a key indicator for analyzing economic and trade relationships between Japan and its global partners.
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 exchange rate trend reflects the relative values of the two currencies and is widely used by economists, policymakers, and market analysts to assess the competitiveness of Japanese exports, the purchasing power of Japanese consumers, and the overall strength of the Japanese economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on daily foreign exchange market quotations.
Historical Context
The yen-dollar exchange rate is a crucial factor in trade dynamics, capital flows, and geopolitical relations between the world's third-largest economy and its largest.
Key Facts
- The yen has appreciated over 30% against the dollar since 2012.
- Japan is the United States' fourth-largest trading partner.
- The yen-dollar rate influences the price competitiveness of Japanese exports.
FAQs
Q: What does this economic trend measure?
A: The 'Yen, Annual, Not Seasonally Adjusted' trend measures the average annual exchange rate between the Japanese yen and the U.S. dollar.
Q: Why is this trend relevant for users or analysts?
A: This exchange rate is a crucial indicator for assessing the competitiveness of Japanese exports, the purchasing power of Japanese consumers, and the overall strength of the Japanese economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on daily foreign exchange market quotations.
Q: How is this trend used in economic policy?
A: The yen-dollar exchange rate is a key factor in trade dynamics, capital flows, and geopolitical relations between Japan and its global partners, particularly the United States.
Q: Are there update delays or limitations?
A: The annual yen-dollar exchange rate data is published by the Federal Reserve with minimal delays, providing timely insights for analysts and policymakers.
Related Trends
Import Price Index by Origin (NAICS): Computer and Electronic Product Manufacturing for Japan
COJPNZ334
Producer Prices Index: Type of Goods: Consumer Goods: Total for Japan
PITGCG01JPM661N
Real Gross Fixed Capital Formation, Machinery and Equipment and Weapon System for Japan
NFIOTRSAXDCJPQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Main Industrial Groupings (MIG): Energy for Japan
JPNPRENTO01IXOBSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Japan
JPNCP040100IXOBM
Financial Market: Share Prices for Japan
SPASTT01JPA661N
Citation
U.S. Federal Reserve, 'Yen, Annual, Not Seasonally Adjusted' (XTIMVA01JPA664N), retrieved from FRED.