International Merchandise Trade Statistics: Exports: Commodities for India
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTEXVA01INQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110,486,600,000.00
Year-over-Year Change
-1.43%
Date Range
1/1/1990 - 1/1/2025
Summary
The US dollars, exchange rate converted trend measures the value of the US dollar relative to a weighted basket of major world currencies on a quarterly, seasonally adjusted basis. This key indicator provides insight into the international purchasing power of the US 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
This exchange rate index tracks the US dollar's performance against a diverse group of foreign currencies, offering a comprehensive gauge of the dollar's strength in global trade and financial markets. Economists and policymakers closely monitor this trend to assess the nation's economic competitiveness and the potential impacts on imports, exports, and capital flows.
Methodology
The data is calculated based on exchange rates relative to a broad index of currencies.
Historical Context
This exchange rate metric informs monetary policy decisions and market analyses.
Key Facts
- The US dollar index has a base year of 2006.
- Quarterly updates are released with a 3-month lag.
- The index is weighted based on US trade volumes with major partners.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the US dollar relative to a weighted basket of major world currencies on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This key exchange rate indicator provides insight into the international purchasing power of the US currency, informing economic analyses and policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on exchange rates relative to a broad index of currencies.
Q: How is this trend used in economic policy?
A: This exchange rate metric informs monetary policy decisions and market analyses by economists and policymakers.
Q: Are there update delays or limitations?
A: Quarterly updates are released with a 3-month lag.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (XTEXVA01INQ667S), retrieved from FRED.