The Federal Reserve Bank of the United States developed the Trade-Weighted United States Dollar Index, which is also known as the Nominal Broad-Dollar Index. The United States dollar is valued in relation to currencies that are commonly used in international trade, rather than against all currencies.

The Federal Reserve Bank of the United States developed the Trade-Weighted United States Dollar Index, commonly called the Nominal Broad-Dollar Index. In international trade, it is used to determine the value of the United States dollar in relation to currencies that are commonly used.