International Merchandise Trade Statistics: Imports: Commodities for Costa Rica
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
CRIXTIMVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,949,802,000.00
Year-over-Year Change
6.83%
Date Range
1/1/1995 - 1/1/2025
Summary
The US dollars, exchange rate converted trend measures the value of the US dollar relative to a trade-weighted basket of foreign currencies on a quarterly basis. This metric is closely watched by economists and policymakers to assess the international competitiveness of US goods and services.
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 tracks the nominal effective exchange rate of the US dollar, adjusting for changes in the value of the dollar compared to other major global currencies. This index is a key indicator of the dollar's strength and can influence trade balances, inflation, and capital flows.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and trade volumes.
Historical Context
The US dollar exchange rate is a critical factor in evaluating the economic policy and performance of the United States.
Key Facts
- The US dollar index has risen over 20% in the past 5 years.
- A stronger dollar makes US exports more expensive for foreign buyers.
- The exchange rate is influenced by interest rate differentials, inflation, and capital flows.
FAQs
Q: What does this economic trend measure?
A: The US dollars, exchange rate converted trend measures the value of the US dollar relative to a basket of foreign currencies on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a critical indicator of the international competitiveness of US goods and services, influencing trade balances, inflation, and capital flows.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates and trade volumes.
Q: How is this trend used in economic policy?
A: The US dollar exchange rate is a key factor in evaluating the economic policy and performance of the United States.
Q: Are there update delays or limitations?
A: The data is released quarterly with no major delays or limitations.
Related Trends
Boone Indicator in Banking Market for Costa Rica
DDOI05CRA156NWDB
Life Expectancy at Birth, Total for Costa Rica
SPDYNLE00INCRI
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Depository Corporations for Costa Rica
CRIFCBODNUM
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Costa Rica
CRIFCSODCXDC
Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Costa Rica
CRIIRLTLT01STM
Number of Identified Exporters to Costa Rica from Connecticut
CTCRIA475SCEN
Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (CRIXTIMVA01CXMLQ), retrieved from FRED.