USD exchange rates
The Federal Reserve of the USA
The United States of America (USA) is still the world’s largest economy by nominal GDP, followed by a weaker European Union and a constantly growing China. The USA has a highly diversified, world-leading industrial sector. It is also a high-technology innovator with the second largest industrial output in the world. The U.S. dollar is the currency most used in international transactions and is the world’s foremost reserve currency, backed by its science and technology, its military, and its central role in a range of international institutions and the petrodollar system. Several countries use it as their official currency, and it is the de facto currency in many others. Its largest trading partners are China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom, France, India, and Taiwan.
The Federal Reserve System (FED) is the central banking system of the USA. Despite its important role in the world’s economy, the FED does not publish any daily exchange rates report, so, at the moment, it is not included with foxer currency calculator.
The most similar report published by the FED is the Foreign Exchange Rates / H.10 Weekly, updated on every Monday, therefore effectively leaving exchange rates outdated for as long as a week, which is far from our aim to provide daily exchange rates.
Despite this, and because of its relevant position, we are evaluating the convenience of developing a plugin for the FED and so to bring our users direct access to official USD exchange rates.