International Merchandise Trade Statistics: Imports: Commodities for Luxembourg

US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted

LUXXTIMVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6,035,894,000.00

Year-over-Year Change

-14.65%

Date Range

1/1/1988 - 1/1/2025

Summary

This trend measures the quarterly exchange rate of the U.S. dollar against other major currencies, providing insights into the relative strength and performance of the American currency.

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. dollars, exchange rate converted metric tracks the value of the U.S. dollar compared to a trade-weighted basket of foreign currencies on a quarterly basis. This data is useful for economists and policymakers to assess the competitiveness of U.S. exports and imports.

Methodology

The data is calculated by the U.S. Federal Reserve based on exchange rates against other major currencies.

Historical Context

This trend is closely monitored by market analysts, trade specialists, and economic policymakers.

Key Facts

  • The U.S. dollar index has ranged from 80 to 120 over the past 20 years.
  • A stronger U.S. dollar makes American exports more expensive for foreign buyers.
  • Currency exchange rates impact the profitability of multinational corporations.

FAQs

Q: What does this economic trend measure?

A: This trend measures the quarterly exchange rate of the U.S. dollar against a trade-weighted basket of foreign currencies.

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

A: The U.S. dollar exchange rate is a key indicator of the currency's relative strength and competitiveness, which impacts international trade, corporate profits, and economic policy.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve based on exchange rates against other major currencies.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts closely monitor the U.S. dollar exchange rate to assess the competitiveness of American exports and imports, as well as the broader health of the U.S. economy.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a lag of several weeks after the end of each quarter.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Not Seasonally Adjusted (LUXXTIMVA01CXMLQ), retrieved from FRED.