International Merchandise Trade Statistics: Imports: Commodities for Colombia
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
COLXTIMVA01CXMLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,946,410,000.00
Year-over-Year Change
-13.94%
Date Range
1/1/1990 - 1/1/2025
Summary
The US dollars, exchange rate converted trend measures the average exchange rate of the US dollar against a broad basket of foreign currencies on a quarterly basis, adjusted for seasonal variations.
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 economic indicator provides insight into the relative strength and purchasing power of the US dollar in international markets. It is widely used by economists, policymakers, and financial analysts to assess the country's trade competitiveness and potential inflationary pressures.
Methodology
The data is collected and calculated by the US Federal Reserve.
Historical Context
The exchange rate trend is a key input for evaluating the US trade balance, monitoring import/export dynamics, and informing monetary policy decisions.
Key Facts
- The US dollar exchange rate is measured against a broad basket of foreign currencies.
- The exchange rate is adjusted for seasonal variations on a quarterly basis.
- The exchange rate trend is a key input for US trade and monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average exchange rate of the US dollar against a broad basket of foreign currencies on a quarterly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate trend provides insight into the relative strength and purchasing power of the US dollar in international markets, which is crucial for evaluating trade competitiveness, import/export dynamics, and informing monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve.
Q: How is this trend used in economic policy?
A: The exchange rate trend is a key input for evaluating the US trade balance, monitoring import/export dynamics, and informing monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with adjustments for seasonal variations.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (COLXTIMVA01CXMLSAQ), retrieved from FRED.