International Merchandise Trade Statistics: Exports: Commodities for Hungary

US dollars, exchange rate converted, Not Seasonally Adjusted

HUNXTEXVA01CXMLM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

14,133,250,000.00

Year-over-Year Change

7.14%

Date Range

1/1/1976 - 6/1/2025

Summary

This economic trend tracks the exchange rate of the US dollar against a broad basket of other currencies, on a trade-weighted basis. It provides insight 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 dollars, exchange rate converted, Not Seasonally Adjusted series measures the trade-weighted value of the US dollar against a broad index of currencies. This trend is used by economists and policymakers to assess the international competitiveness of US goods and services.

Methodology

The data is calculated by the Federal Reserve based on exchange rates and trade weights.

Historical Context

The exchange rate trend is closely monitored for its impacts on US exports, imports, and overall economic performance.

Key Facts

  • The index is based on the currencies of 26 major US trading partners.
  • A rising index indicates the US dollar is strengthening against other currencies.
  • The index reached an all-time high in March 2020 amid the COVID-19 pandemic.

FAQs

Q: What does this economic trend measure?

A: This trend measures the trade-weighted exchange rate of the US dollar against a broad basket of other currencies. It provides an overview of the dollar's international purchasing power and competitiveness.

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

A: The exchange rate trend is closely watched by economists, policymakers, and market participants as it has significant implications for US exports, imports, and the overall economy.

Q: How is this data collected or calculated?

A: The data is calculated by the Federal Reserve based on exchange rates and trade weights for 26 major US trading partners.

Q: How is this trend used in economic policy?

A: Policymakers monitor this exchange rate trend to assess the international competitiveness of US goods and services, which can inform trade, monetary, and fiscal policies.

Q: Are there update delays or limitations?

A: The exchange rate data is published by the Federal Reserve on a daily basis with no significant update delays.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Not Seasonally Adjusted (HUNXTEXVA01CXMLM), retrieved from FRED.