International Merchandise Trade Statistics: Trade Balance: Commodities for Austria
US dollars, exchange rate converted, Quarterly, Seasonally Adjusted
XTNTVA01ATQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,316,963,000.00
Year-over-Year Change
-72.51%
Date Range
1/1/1957 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted US dollar exchange rate against a broad index of foreign currencies. It is a key indicator of the US dollar's international purchasing power and competitiveness.
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 converted index tracks the value of the US dollar relative to a weighted basket of major trading partner currencies. It is widely used by economists, policymakers, and businesses to assess the strength and global position of the US currency.
Methodology
The data is collected and calculated by the US Federal Reserve using a geometric weighted average of exchange rates.
Historical Context
The exchange rate index informs monetary, trade, and investment policies affecting the US economy and markets.
Key Facts
- The index is based on the currencies of 26 major US trading partners.
- The US dollar index has declined by over 10% since 2017.
- A stronger dollar makes US exports less competitive globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted value of the US dollar against a broad basket of foreign currencies.
Q: Why is this trend relevant for users or analysts?
A: The exchange rate index is a critical indicator of the US dollar's global purchasing power and competitiveness, informing economic, trade, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve using a geometric weighted average of exchange rates for 26 major US trading partners.
Q: How is this trend used in economic policy?
A: The exchange rate index informs monetary, trade, and investment policies affecting the US economy and markets.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, and may not fully capture intra-quarter exchange rate fluctuations.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly, Seasonally Adjusted (XTNTVA01ATQ667S), retrieved from FRED.