International Merchandise Trade Statistics: Imports: Commodities for Costa Rica
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
CRIXTIMVA01CXMLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,977,043,000.00
Year-over-Year Change
6.69%
Date Range
1/1/1995 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted US dollar exchange rate against a basket of major currencies. It is a key indicator of the dollar's international purchasing power and competitiveness.
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 indicator tracks the value of the US dollar relative to a broad index of foreign currencies. This metric is widely used by economists, policymakers, and businesses to assess the dollar's strength and its impact on trade, investment, and inflation.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and trade weights.
Historical Context
This trend is closely monitored for its implications on US trade, economic growth, and monetary policy.
Key Facts
- The index has a base value of 100 as of March 1973.
- A higher index value indicates a stronger US dollar.
- The US dollar has appreciated over 30% since 2014.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted exchange rate of the US dollar against a broad basket of major foreign currencies. It provides an overall gauge of the dollar's international purchasing power and competitiveness.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a crucial indicator for economists, policymakers, and businesses. It has significant implications for trade, investment, inflation, and the overall health of the US economy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on exchange rates and trade weights for the US dollar against a basket of major currencies.
Q: How is this trend used in economic policy?
A: The US dollar exchange rate is closely monitored by the Federal Reserve and other policymakers for its impact on trade, inflation, and the broader economy. It is a key consideration in monetary policy decisions.
Q: Are there update delays or limitations?
A: The US dollars, exchange rate converted data is published quarterly by the Federal Reserve with a typical release lag of around two months.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (CRIXTIMVA01CXMLSAQ), retrieved from FRED.