Fact-check analysisVerified as of July 11, 2025Curated by FactVerify
True

The U.S. dollar has crashed 10%+ in the last 6 months its worst half-year performance since the early 1970s.

The U.S. Dollar has declined by over 10% in the first half of 2025, marking its worst half-year performance since 1973.

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Source: factverify.com

At a glance

Key Evidence

Verified July 11, 2025
The reporting

What the Evidence Shows

The claim that the U.S. Dollar has crashed more than 10% in the last six months and that this represents its worst half-year performance since the early 1970s is supported by multiple credible sources. The core factual components are: 1) a decline of over 10% in the dollar's value against a basket of global currencies within the first half of 2025, and 2) this being the worst such performance since around 1973, a historically significant year due to the end of the Bretton Woods system.

Evidence from reputable financial news outlets such as CNBC and The Guardian confirms that the dollar tumbled approximately 10.7% to 10.8% through June 2025, making it the worst first-half return since 1973.cnbc.comcnbc.comThe declining dollar faces more headwinds after posting worst first-half return...theguardian.comtheguardian.comUS dollar has worst first half in more than 50 years amid Trump tariffs Additional sources including NPR, The New York Times, and The Economic Times corroborate this timeline and magnitude of decline.economictimes.indiatimes.comeconomictimes.indiatimes.comUS Dollar Outlook 2025: US Dollar has worst start since 1973 - key reasons... The year 1973 is frequently referenced as a benchmark because it coincides with major economic shifts including the Nixon administration's termination of the gold standard, which had profound effects on currency valuations.

While some sources mention ongoing geopolitical and economic factors such as trade policies and Federal Reserve actions influencing this decline, these do not contradict the factual claim but provide context. There is no evidence disputing the magnitude or historical comparison of the decline. Some sources note that this decline is part of a broader trend that could continue, but that does not affect the accuracy of the claim about the past six months.

Given consistent reporting from multiple high-reliability financial news organizations and no credible contradictory data, the claim is accurate in all material respects.

Primary trail

Verified Sources5

The declining dollar faces more headwinds after posting worst first-half return...

cnbc.com
Open source

US dollar has worst first half in more than 50 years amid Trump tariffs

theguardian.com
Open source

Why some see the dollar's drop as a sign America is losing its financial might

npr.org
Open source
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