Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for Germany
US dollars, exchange rate converted
DEUB6CATT00CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7,357,650,000.00
Year-over-Year Change
-3120.90%
Date Range
1/1/1991 - 10/1/2024
Summary
The US dollars, exchange rate converted trend measures the value of the US dollar against a broad basket of foreign currencies, providing insight into the dollar's global purchasing power and trade 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
This index tracks the US dollar's exchange rate relative to the currencies of major US trading partners, reflecting the overall strength or weakness of the dollar. It is a key indicator used by economists, policymakers, and market participants to assess the dollar's international standing.
Methodology
The data is calculated by the Federal Reserve based on exchange rates for the US dollar against major foreign currencies.
Historical Context
Monitoring the US dollar exchange rate is crucial for understanding international trade, capital flows, and the competitiveness of US products and services.
Key Facts
- The US dollar index has risen over 20% since 2014.
- A stronger dollar makes US exports more expensive for foreign buyers.
- The exchange rate influences inflation, interest rates, and asset prices.
FAQs
Q: What does this economic trend measure?
A: The US dollars, exchange rate converted trend measures the value of the US dollar against a broad basket of foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the US dollar exchange rate is crucial for understanding international trade, capital flows, and the competitiveness of US products and services.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates for the US dollar against major foreign currencies.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market participants use this index to assess the dollar's international standing and its impact on trade, inflation, and other economic conditions.
Q: Are there update delays or limitations?
A: The US dollars, exchange rate converted data is updated regularly by the Federal Reserve and is generally considered a reliable and timely indicator of the dollar's global value.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for Germany
LRUNTTMADEA156N
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Germany
DEUFCLODCXDC
Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for Germany
BSPRTE02DEM460S
Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Germany
CRDQDEAHABIS
Harmonized Index of Consumer Prices: Newspapers and Periodicals for Germany
CP0952DEM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Germany
DEUCP080000GYQ
Citation
U.S. Federal Reserve, US dollars, exchange rate converted (DEUB6CATT00CXCUQ), retrieved from FRED.