Higher price and higher usage are not the same thing, a less used dollar would not necessarily have lower value. The evolution of foreign exchange market turnov

Higher price and higher usage are not the same thing, a less used dollar would not necessarily have lower value. The evolution of foreign exchange market turnover would be a better indicator to look at : https://en.wikipedia.org/wiki/Currency_pair#Base_currency https://en.wikipedia.org/wiki/Currency_pair#Base_currency // https://www.bis.org/statistics/rpfx22_fx.pdf https://www.bis.org/statistics/rpfx22_fx.pdf (it's also increasing in the 3 last years)