International Merchandise Trade Statistics: Trade Balance: Commodities for Canada
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
CANXTNTVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10,732,910,000.00
Year-over-Year Change
-194.07%
Date Range
1/1/1957 - 4/1/2025
Summary
This economic indicator tracks the quarterly exchange rate of the US dollar converted to Canadian dollars, presented on a non-seasonally adjusted basis. It provides insights into the relative strength and purchasing power of the US 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 US dollars, exchange rate converted series measures the value of the US dollar relative to the Canadian dollar on a quarterly basis. This metric is widely followed by economists, traders, and policymakers to assess the competitiveness of US exports and imports, as well as the impact on cross-border economic activity.
Methodology
The data is calculated based on official foreign exchange rate quotations.
Historical Context
The exchange rate trend is a key input for trade policy, monetary policy, and market analysis.
Key Facts
- The US dollar-Canadian dollar exchange rate is a major currency pair.
- The exchange rate impacts the competitiveness of US exports and imports.
- This metric is closely watched by traders, economists, and policymakers.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly exchange rate of the US dollar converted to Canadian dollars on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The US dollar-Canadian dollar exchange rate is a key metric for assessing the competitiveness of US exports and imports, as well as the broader impact on cross-border economic activity.
Q: How is this data collected or calculated?
A: The data is calculated based on official foreign exchange rate quotations.
Q: How is this trend used in economic policy?
A: The exchange rate trend is a critical input for trade policy, monetary policy, and market analysis.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with minimal delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (CANXTNTVA01CXMLQ), retrieved from FRED.