International Merchandise Trade Statistics: Imports: Commodities for Portugal
US dollars, exchange rate converted, Monthly, Seasonally Adjusted
XTIMVA01PTM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,208,250,000.00
Year-over-Year Change
21.00%
Date Range
1/1/1957 - 5/1/2025
Summary
This economic trend measures the monthly exchange rate of the U.S. dollar against a trade-weighted basket of foreign currencies, adjusted for seasonal variations. It provides insight into the relative strength and purchasing power of the U.S. 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. dollar exchange rate is a key economic indicator that reflects the international value and competitiveness of the American currency. This seasonally adjusted monthly series is widely used by policymakers, analysts, and businesses to assess trade dynamics, inflation pressures, and the global standing of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
The dollar exchange rate trend is closely monitored for its implications on trade, investment, and macroeconomic policy.
Key Facts
- The U.S. dollar is the world's most widely used currency.
- A stronger dollar makes U.S. exports more expensive and imports cheaper.
- The Federal Reserve tracks the dollar's exchange rate to assess its policy impacts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate of the U.S. dollar against a basket of foreign currencies, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The dollar exchange rate is a crucial indicator of the U.S. currency's global purchasing power and competitiveness, with significant implications for trade, investment, and macroeconomic policy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the dollar exchange rate to assess its impacts on trade, inflation, and the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Monthly, Seasonally Adjusted (XTIMVA01PTM667S), retrieved from FRED.