Index 2010=1, Quarterly, Seasonally Adjusted
NAEXKP04G7Q661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.19
Year-over-Year Change
5.76%
Date Range
1/1/1962 - 7/1/2017
Summary
This economic trend measures the real effective exchange rate of the U.S. dollar, which is a key indicator of the dollar's international purchasing power and trade 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 real effective exchange rate index tracks the value of the U.S. dollar against a basket of major trading partner currencies, adjusted for inflation. It provides insight into the dollar's strength and can influence trade balances, foreign investment, and broader economic performance.
Methodology
The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Historical Context
Policymakers and analysts use this index to evaluate the U.S. dollar's global position and its impact on exports, imports, and the current account.
Key Facts
- The base year for the index is 2010.
- A higher index value indicates a stronger U.S. dollar.
- The index is updated quarterly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real effective exchange rate of the U.S. dollar, which tracks the value of the dollar against a basket of major trading partner currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The real effective exchange rate provides insight into the dollar's strength and international purchasing power, which can influence trade balances, foreign investment, and broader economic performance.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate the U.S. dollar's global position and its impact on exports, imports, and the current account.
Q: Are there update delays or limitations?
A: The index is updated quarterly by the Federal Reserve.
Related Trends
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G7NAEXKP04GPSAQ
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for G7
G7LFEMTTTTSTQ
Composite Leading Indicators: Reference Series (GDP) Normalized for G7
G7LORSGPNOSTSAM
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for G7
G7LFAC25FESTSAQ
Composite Leading Indicators: Reference Series (GDP) Trend for G7
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International Merchandise Trade Statistics: Exports: Commodities for G7
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Citation
U.S. Federal Reserve, Index 2010=1, Quarterly, Seasonally Adjusted (NAEXKP04G7Q661S), retrieved from FRED.