International Merchandise Trade Statistics: Trade Balance: Commodities for Czechia
US dollars, exchange rate converted, Quarterly
XTNTVA01CZQ667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,845,891,000.00
Year-over-Year Change
4932.25%
Date Range
1/1/1991 - 4/1/2025
Summary
This economic trend measures the U.S. dollar's exchange rate against a broad basket of foreign currencies on a quarterly basis. It provides insight into the dollar's strength and role in global trade and finance.
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 dollar's purchasing power and competitiveness compared to other major world currencies. Economists and policymakers analyze this data to assess the dollar's impact on trade balances, inflation, and the overall health of the U.S. economy.
Methodology
The data is calculated by the U.S. Federal Reserve based on exchange rates across a broad index of currencies.
Historical Context
Trends in the dollar's exchange rate have important implications for U.S. monetary and trade policies.
Key Facts
- The U.S. dollar is the world's dominant reserve currency.
- A stronger dollar makes U.S. exports more expensive and imports cheaper.
- Exchange rate fluctuations impact inflation, consumer purchasing power, and business competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of the U.S. dollar relative to a broad basket of foreign currencies on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The U.S. dollar exchange rate is a critical indicator for economists, policymakers, and businesses as it reflects the dollar's strength and competitiveness in global trade and finance.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on exchange rates across a broad index of currencies.
Q: How is this trend used in economic policy?
A: Trends in the dollar's exchange rate have important implications for U.S. monetary and trade policies, as they impact inflation, consumer purchasing power, and business competitiveness.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis, so there may be a several-month delay in the most recent figures.
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Citation
U.S. Federal Reserve, US dollars, exchange rate converted, Quarterly (XTNTVA01CZQ667S), retrieved from FRED.