International Merchandise Trade Statistics: Exports: Commodities for Russia

US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted

XTEXVA01RUM667N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

32,837,000,000.00

Year-over-Year Change

-7.95%

Date Range

1/1/1991 - 6/1/2025

Summary

This economic trend measures the monthly exchange rate of the U.S. dollar against a broad basket of foreign currencies, providing insights into the global value of the American 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

The U.S. dollars, exchange rate converted indicator tracks the performance of the U.S. dollar relative to a weighted average of foreign currencies. It is a key barometer of the dollar's strength and can influence international trade, investment, and economic policy decisions.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on exchange rates in foreign exchange markets.

Historical Context

Policymakers and analysts closely monitor this exchange rate trend to assess the competitiveness of U.S. exports and the impact on domestic inflation.

Key Facts

  • The U.S. dollar exchange rate is a weighted average of foreign currency values.
  • The exchange rate can influence the competitiveness of U.S. exports and imports.
  • Policymakers use this trend to assess the global standing of the American currency.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monthly exchange rate of the U.S. dollar against a broad basket of foreign currencies, providing insights into the global value of the American currency.

Q: Why is this trend relevant for users or analysts?

A: The U.S. dollar exchange rate is a key indicator that can influence international trade, investment, and economic policy decisions.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve based on exchange rates in foreign exchange markets.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor this exchange rate trend to assess the competitiveness of U.S. exports and the impact on domestic inflation.

Q: Are there update delays or limitations?

A: The U.S. Federal Reserve publishes this exchange rate data on a monthly basis, with minimal delays.

Related Trends

Citation

U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Not Seasonally Adjusted (XTEXVA01RUM667N), retrieved from FRED.