International Merchandise Trade Statistics: Exports: Commodities for Denmark
US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted
DNKXTEXVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,811,760,000.00
Year-over-Year Change
30.71%
Date Range
1/1/1957 - 4/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted exchange rate of the US dollar against a broad basket of foreign currencies. It is a key indicator of the dollar's global 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 Dollar Exchange Rate Converted index tracks the value of the US dollar relative to a weighted average of foreign currencies. It provides insight into the dollar's strength and can influence trade, investment, and macroeconomic policies.
Methodology
The data is calculated by the Federal Reserve based on exchange rates for major currencies.
Historical Context
This trend is closely watched by policymakers, businesses, and investors to assess the dollar's global position.
Key Facts
- The US dollar is the world's primary reserve currency.
- The dollar's exchange rate affects the cost of imports and exports.
- A stronger dollar makes US goods more expensive abroad.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted exchange rate of the US dollar against a broad basket of foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a key indicator of the dollar's global purchasing power and competitiveness, influencing trade, investment, and macroeconomic policies.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates for major currencies.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers, businesses, and investors to assess the dollar's global position and its impact on the economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with no significant delays, providing timely information on the dollar's exchange rate.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (DNKXTEXVA01CXMLQ), retrieved from FRED.