International Merchandise Trade Statistics: Exports: Commodities for Denmark
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTEXVA01DKQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47,235,970,000.00
Year-over-Year Change
32.12%
Date Range
1/1/1957 - 4/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted US dollar exchange rate, a key indicator of the dollar's value relative to other major currencies. It is closely monitored by economists, policymakers, and market analysts.
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 dollar exchange rate tracks the value of the US dollar against a basket of major currencies. This measure provides insight into the dollar's competitiveness, which impacts international trade, investment, and the broader US economy.
Methodology
The data is collected and calculated by the US Federal Reserve using a trade-weighted index.
Historical Context
The exchange rate trend is a critical input for monetary policy decisions and market analyses.
Key Facts
- The US dollar exchange rate has fluctuated significantly over the past decade.
- A stronger US dollar makes US exports more expensive for foreign buyers.
- The exchange rate is a key factor in the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted US dollar exchange rate, which tracks the value of the US dollar against a basket of major currencies.
Q: Why is this trend relevant for users or analysts?
A: The US dollar exchange rate is a critical indicator of the dollar's competitiveness and has significant implications for international trade, investment, and the broader US economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve using a trade-weighted index.
Q: How is this trend used in economic policy?
A: The exchange rate trend is a key input for monetary policy decisions and market analyses, as it reflects the dollar's value and impacts on the US economy.
Q: Are there update delays or limitations?
A: The US dollar exchange rate data is published quarterly with a relatively short delay, providing timely information for economic analysis and policymaking.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (XTEXVA01DKQ667S), retrieved from FRED.