International Merchandise Trade Statistics: Exports: Commodities for Austria
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
AUTXTEXVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,227,310,000.00
Year-over-Year Change
5.63%
Date Range
1/1/1957 - 5/1/2025
Summary
This economic trend measures the US dollar exchange rate, providing insight into the strength and value of the US currency relative to other global currencies on a monthly basis.
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 US dollars, exchange rate converted data series tracks the value of the US dollar compared to a trade-weighted basket of foreign currencies, offering a comprehensive gauge of the dollar's performance in international markets.
Methodology
The data is collected and calculated by the US Federal Reserve using a formula that accounts for trade volumes and exchange rates between the US and its major trading partners.
Historical Context
This exchange rate trend is closely monitored by policymakers, analysts, and market participants to assess the competitiveness of US exports and the purchasing power of the dollar.
Key Facts
- The US dollar exchange rate is a key indicator of the currency's strength and international purchasing power.
- The trade-weighted basket includes currencies from the US's major trading partners, such as the Euro, Yen, and Chinese Yuan.
- Exchange rate trends influence the competitiveness of US exports and the cost of imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the US dollar relative to a trade-weighted basket of foreign currencies, providing insight into the dollar's strength and purchasing power in international markets.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a crucial indicator for policymakers, businesses, and investors, as it influences the competitiveness of US exports, the cost of imports, and the overall state of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve using a formula that accounts for trade volumes and exchange rates between the US and its major trading partners.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the US dollar exchange rate to assess the competitiveness of US exports, the purchasing power of the dollar, and the overall impact on the economy, which informs monetary and trade policy decisions.
Q: Are there update delays or limitations?
A: The US dollars, exchange rate converted data is released by the Federal Reserve on a monthly basis, with a typical update delay of around 2-3 weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (AUTXTEXVA01CXMLM), retrieved from FRED.