International Merchandise Trade Statistics: Trade Balance: Commodities for Czechia

US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted

CZEXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,056,388,000.00

Year-over-Year Change

2.72%

Date Range

1/1/1991 - 6/1/2025

Summary

This economic trend measures the US dollar exchange rate against a broad basket of foreign currencies on a monthly basis. It provides insight into the relative strength and purchasing power of the US dollar in international markets.

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 Dollar Exchange Rate Broad converted index tracks the value of the US dollar relative to a comprehensive set of major trading partner currencies. This metric is widely used by economists, policymakers, and market analysts to assess the competitiveness of US exports and imports, as well as the overall international purchasing power of the dollar.

Methodology

The data is collected and calculated by the US Federal Reserve based on exchange rates in foreign exchange markets.

Historical Context

The US dollar exchange rate is a key indicator monitored by the Federal Reserve and other institutions for its implications on trade, inflation, and economic policy.

Key Facts

  • The US dollar exchange rate index has risen over 30% since 2014.
  • A stronger US dollar makes American exports more expensive and imports cheaper.
  • The exchange rate is a factor considered by the Federal Reserve in setting monetary policy.

FAQs

Q: What does this economic trend measure?

A: This trend measures the value of the US dollar relative to a broad basket of foreign currencies on a monthly basis.

Q: Why is this trend relevant for users or analysts?

A: The US dollar exchange rate is a key metric used to assess the international competitiveness of US exports and imports, as well as the purchasing power of the dollar.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the US Federal Reserve based on exchange rates in foreign exchange markets.

Q: How is this trend used in economic policy?

A: The US dollar exchange rate is monitored by the Federal Reserve and other institutions as an indicator with implications for trade, inflation, and the setting of monetary policy.

Q: Are there update delays or limitations?

A: The data is published monthly with no significant delays, providing timely insights into changes in the US dollar's international exchange rate.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (CZEXTNTVA01CXMLM), retrieved from FRED.