The Index is weighted as follows: 57.6% for the Euro (remember the Euro combined a number of European currencies together), 13.6% for the Japanese Yen, 11.9% for the Pound Sterling, 9.1% for the Canadian Dollar, 4.2% for the Swedish Krona, and 3.6% for the Swiss Franc. The higher the Dollar valuation the higher the Dollar Index number.
This post is an update from one published last August (http://stopcontinentaldrift.blogspot.com/2016/08/dollar-index-25yrs.html) showing the effects of the election. From an historical perspective, the so-called Trump effect is small compared to fluctuations of history.
The Index starts arbitrarily as 100 of March 1973:
USDX started in March 1973, soon after the dismantling of the Bretton Woods system. At its start, the value of the US Dollar Index was 100.000. It has since traded as high as 164.7200 in February 1985, and as low as 70.698 on March 16, 2008.
The make up of the "basket" has been altered only once, when several European currencies were subsumed by the euro at the start of 1999. The make up of the "basket" is overdue for revision as China, Mexico, South Korea and Brazil are major trading partners presently which are not part of the index whereas Sweden and Switzerland are continuing as part of the index.*
* https://en.wikipedia.org/wiki/U.S._Dollar_Index
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