International Merchandise Trade Statistics: Exports: Commodities for Russia
US dollars, exchange rate converted, Annual, Seasonally Adjusted
XTEXVA01RUA667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
432,659,100,000.00
Year-over-Year Change
-18.20%
Date Range
1/1/1991 - 1/1/2024
Summary
This annual, seasonally adjusted series tracks the U.S. dollar exchange rate, a key indicator of international trade and financial flows.
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. dollar exchange rate is a widely followed economic indicator that reflects the value of the U.S. dollar relative to a weighted basket of other major currencies. Analysts and policymakers monitor exchange rate trends to assess the international competitiveness of U.S. goods and services.
Methodology
The data is compiled by the U.S. Federal Reserve based on exchange rate quotes from global foreign exchange markets.
Historical Context
The U.S. dollar exchange rate is a critical input for economic forecasting, trade policy, and investment decisions.
Key Facts
- The U.S. dollar is the world's primary reserve currency.
- A strong U.S. dollar makes U.S. exports more expensive abroad.
- Exchange rate fluctuations impact consumer prices, business profits, and capital flows.
FAQs
Q: What does this economic trend measure?
A: This series tracks the value of the U.S. dollar relative to a weighted basket of major foreign currencies on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a crucial indicator of the international competitiveness of U.S. goods and services, with implications for trade, investment, and economic policy.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this data based on exchange rate quotes from global foreign exchange markets.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor exchange rate trends to assess the impact on trade, inflation, and capital flows, informing decisions on monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: This annual, seasonally adjusted series may have a lag of several months before the latest data becomes available.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Russia
RUSCP100000GYM
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Russian Federation
DDDI04RUA156NWDB
Goods, Value of Imports for Russian Federation
VALIMPRUM052N
Real Gross Capital Formation for Russia
NIRNSAXDCRUQ
Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for Russia
RUSB6CATT00CXCUQ
Value of Exports to Russia from Kansas
KSRUSA052SCEN
Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Annual, Seasonally Adjusted (XTEXVA01RUA667S), retrieved from FRED.