International Merchandise Trade Statistics: Imports: Commodities for G7
US dollars, exchange rate converted, Monthly, Seasonally Adjusted
G7XTIMVA01CXMLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
702,859,300,000.00
Year-over-Year Change
4.56%
Date Range
1/1/1970 - 4/1/2025
Summary
This economic indicator tracks the monthly exchange rate of the U.S. dollar against a trade-weighted basket of foreign currencies, adjusted for seasonal factors.
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 U.S. dollar exchange rate is a key measure of the dollar's value and strength relative to other global currencies. This data is widely used by economists, policymakers, and financial analysts to assess the competitiveness of U.S. exports and imports, as well as the relative purchasing power of the dollar.
Methodology
The Federal Reserve calculates this index using foreign exchange market data.
Historical Context
The dollar's exchange rate is a crucial input for economic forecasting, trade policy, and monetary policy decisions.
Key Facts
- The U.S. dollar exchange rate index has a base year of 2006.
- The index tracks the dollar against a broad basket of 26 currencies.
- Movements in the exchange rate index can impact the cost of imports and exports.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly exchange rate of the U.S. dollar against a trade-weighted basket of foreign currencies, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a critical indicator for assessing the competitiveness of U.S. exports and imports, as well as the overall strength and purchasing power of the dollar in global markets.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index using foreign exchange market data.
Q: How is this trend used in economic policy?
A: The dollar's exchange rate is a crucial input for economic forecasting, trade policy, and monetary policy decisions by the U.S. government and Federal Reserve.
Q: Are there update delays or limitations?
A: This data is published monthly by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Seasonally Adjusted (G7XTIMVA01CXMLSAM), retrieved from FRED.