US dollar having its worst year in decades.

[tblue37]

That’s crazy. I wonder what happened in January

— Angry (@angrystaffer.bsky.social) 2025-10-15T10:34:14.823Z

[LudwigPastorius]

1. I notice that the big drop off occurs after Trump announces his "National Bitcoin Reserve".

You can't expect the government endorsing a competing currency to not have an effect on the established one.

[róisín_dubh]

2. It's the pits

I live in the UK and every time I have to transfer from my pittance of a savings in the US, I get obliterated. It sucks.

[W_HAMILTON]

3. TRUMP DID THAT.

And for those that would question the truthfulness of random internet posts, I went ahead and factchecked it for you -- you're welcome!

The United States dollar is suffering its worst start to a year in more than five decades, likely triggering a price hike for some everyday items and a jump in expenses faced by travelers abroad, some analysts told ABC News.

...

Investors have fled U.S. dollars out of fear inflation could devalue the currency, especially as Congress has moved forward with a large spending bill set to worsen a decades-long trend of ballooning U.S. debt, analysts said.

Even more, they added, President Donald Trump’s fluctuating trade policy and sharp criticism of the Federal Reserve have prompted uncertainty about the nation’s economic stewardship, eroding trust in the dollar as the world’s preeminent “safe haven” asset.

Taken from: https://www.abcnews.go.com/Business/us-dollar-off-worst-start-50-years-matters/story%3fid=123369364