The U.S. dollar has lost 74% its value since 1980

OK, back in March 1980, DXY was valued at 93.whatever.

Now is is valued at 109.whatever.

So, without more details, I do not understand the comment posted.

www.tradingview.com

(You have to select All-time} criterion on that chart.)

Only 74%

I would have thought more.

OK, I'm looking at it from the 1970's. My bad.

All that aside.

The dollar is strong in the current monetary marketplaces.

But for starters, let's define our terms ...

Strong Dollar: Advantages and Disadvantages (November 2024)
www.investopedia.com

... A strong U.S. dollar has several advantages and disadvantages. It may benefit some, but can negatively impacts many others.

The dollar is considered strong when it rises in value against other currencies in the foreign exchange market. A strengthening U.S. dollar means it can buy more foreign currency than before. For example, a strong dollar benefits Americans traveling overseas because $1 buys more; however, this would disadvantage foreign tourists visiting the U.S. because their currency would buy less.

If you're looking for a way to gauge the dollar's strength, one of the best ways is to watch the Invesco DB U.S. Dollar Index Bullish Fund (UUP). This exchange-traded fund tracks an index that represents the value of a dollar compared to its exchange rate versus a basket of important foreign currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc.1 ...

OK, a real example ...

Back circa 2005 when I traveled to The Netherlands on business, my expense report allowed me $35 a day for food expenses.

At the time, the Euro was worth $1.60 or so.

So, needless to say, to stay within the $35 per day allowance, I had to be creative.

The Rotterdam hotel I stayed in offered a free breakfast. So that was good. On a different level as well. It was more of a picnic table type of breakfast, i.e., lots of people around the same table, people you did not know. But as a result, I had most interesting conversations with people from other Countries as we enjoyed breakfast.

For lunch, I went to the local supermarket to buy a sandwich. The cashiers there were great, accommodating my English, and even joking with me at times.

For dinner, I hoped I would be taken out for dinner by the company I was visiting. And I was. We went out into this, I'll call, farmland area nearly an hour out of Rotterdam to eat at this little local restaurant. Where, surprisingly, the waitress was from Ohio. Food was great.

OK, I digressed, majorly

My point is that, yeah, the US dollar is worth less than it was decades ago, but how is the dollar's current worth compared to other world currencies now?

If you are looking at imports and exports, and bringing jobs back into the US, that is what should be looked at.

imo, of course.

(and, fwiw, the Euro is now worth around $1.03 ...)