The Best Us Trade Dollar 2022. Trade dollars were minted to help commercial trading with asia and was not considered to be used in the united states ciculation. Graph and download economic data for nominal broad u.s.
The trade dollar was first minted in 1873 in response to the need for a coin to compete with the mexican “dollar” (actually the 8 reale or peso) in the orient. The new silver coins carried different specifications and were struck primarily for the purpose of export trade with asia. Dollar index goes up when the u.s.