International Merchandise Trade Statistics: Trade Balance: Commodities for Estonia
US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted
ESTXTNTVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-317,349,900.00
Year-over-Year Change
44.65%
Date Range
1/1/1993 - 5/1/2025
Summary
This economic trend measures the US dollar exchange rate against a broad basket of foreign currencies on a monthly basis. It provides insights into the relative strength and purchasing power of the US dollar globally.
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 is an important indicator of the US dollar's value compared to other major currencies. It helps analyze trade dynamics, import/export competitiveness, and capital flows, and is closely monitored by policymakers and market participants.
Methodology
The data is collected and calculated by the US Federal Reserve based on exchange rates in foreign exchange markets.
Historical Context
The exchange rate trend is a key input for economic policy decisions and market analysis.
Key Facts
- The US dollar exchange rate is a weighted average of the US dollar against currencies of major US trading partners.
- The exchange rate is not seasonally adjusted, reflecting real-time market conditions.
- Fluctuations in the US dollar exchange rate impact the competitiveness of US exports and the cost of imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the US dollar exchange rate against a broad basket of foreign currencies on a monthly basis, providing insights into the dollar's purchasing power globally.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a critical indicator for analyzing trade dynamics, import/export competitiveness, and capital flows, and is closely monitored by policymakers and market participants.
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 trend is a key input for economic policy decisions and market analysis, as it reflects the dollar's purchasing power and impacts trade competitiveness.
Q: Are there update delays or limitations?
A: The data is reported monthly with no known update delays, though it does not reflect seasonal adjustments.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (ESTXTNTVA01CXMLM), retrieved from FRED.