National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPDBTD01EEA636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,104,100,000.00
Year-over-Year Change
183.43%
Date Range
1/1/1993 - 1/1/2013
Summary
This economic trend measures the total U.S. dollar value of national currency imports and exports over the course of a year. It provides insights into the scale and direction of international currency flows, which is crucial for understanding trade balances and foreign exchange dynamics.
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 National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted series tracks the total value of U.S. dollar transactions involving national currencies like the Euro, Japanese Yen, or Chinese Yuan. This data is used by economists and policymakers to analyze exchange rate movements, international trade flows, and the strength of the U.S. dollar in global markets.
Methodology
The data is collected from surveys of international trade and financial transactions.
Historical Context
This trend is widely monitored by government agencies, central banks, and market analysts to assess the U.S. trade and current account position.
Key Facts
- The U.S. is the world's largest importer and exporter of national currencies.
- Currency flows reflect international trade, investment, and financial transactions.
- The U.S. has run a persistent trade deficit, requiring net inflows of foreign currencies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total U.S. dollar value of national currency imports and exports over a year. It provides insights into the scale and direction of international currency flows.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding trade balances, exchange rate dynamics, and the global standing of the U.S. dollar. It is widely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected from surveys of international trade and financial transactions.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, central banks, and market analysts to assess the U.S. trade and current account position, which informs economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is reported annually and may have a lag of several months before publication.
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Citation
U.S. Federal Reserve, National currency, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPDBTD01EEA636N), retrieved from FRED.