EM Dollar Index

Dollar index weighted by emerging-market trading partners.

EM Dollar Index is part of the FX & Dollar category. The dollar is the single largest macro variable for cross-asset returns. A rising dollar tightens global financial conditions, pressures emerging-market funding, and compresses commodity prices denominated in USD. Real effective exchange rates strip out inflation differentials, revealing whether a currency is genuinely appreciating or just keeping pace with domestic price levels.

EM Dollar Index is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.

Convex sources EM Dollar Index data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.

The EM Dollar Index page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.