International Merchandise Trade Statistics: Exports: Commodities for Saudi Arabia
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
SAUXTEXVA01CXMLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76,527,180,000.00
Year-over-Year Change
-21.78%
Date Range
1/1/1991 - 1/1/2025
Summary
This economic trend measures the US dollar's exchange rate against a broad basket of currencies, adjusted for seasonal factors on a quarterly basis. It provides insight into the US currency's international value and 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 US dollars, exchange rate converted metric tracks the performance of the US dollar relative to a weighted average of foreign currencies. This broad-based measure is used by economists and policymakers to assess the overall strength and purchasing power of the US currency in global markets.
Methodology
The data is collected and calculated by the US Federal Reserve based on exchange rates and trade weights.
Historical Context
The exchange rate trend is closely monitored for its implications on US trade, inflation, and the cost of goods and services.
Key Facts
- The US dollar is the world's primary reserve currency.
- Quarterly exchange rate data is more timely than annual measures.
- Seasonal adjustment smooths out recurring fluctuations.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the US dollar's exchange rate against a broad basket of foreign currencies, providing a comprehensive measure of the dollar's international value and purchasing power.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a key indicator of the country's economic competitiveness and can have significant implications for trade, inflation, and consumer purchasing power.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on exchange rates and trade weights.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the US dollar exchange rate trend to assess the country's international economic position and make informed decisions regarding monetary and trade policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, providing a timely measure of exchange rate fluctuations compared to annual data.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (SAUXTEXVA01CXMLSAQ), retrieved from FRED.