US Dollar Wiki
The US Dollar is the official currency of United States. Including its external territories: United States Minor Outlying Islands, American Samoa, Bahamas, Guam, Turks and Caicos Islands, El Salvador, Puerto Rico, Micronesia, United States Virgin Islands, Panama, Cambodia, Marshall Islands, British Indian Ocean Territory, British Virgin Islands, Ecuador, United States, Palau, Timor-Leste, Northern Mariana Islands, Caribbean Netherlands. The currency code for US Dollar is USD and the currency symbol is $.
The US Dollar (sign: $; code: USD) is the currency of United States.
The US Dollar (USD) is used as the official currency in American Samoa, Bahamas, British Indian Ocean Territory, British Virgin Islands, Cambodia, Caribbean Netherlands, Ecuador, El Salvador, Guam, Marshall Islands, Micronesia, Northern Mariana Islands, Palau, Panama, Puerto Rico, Timor-Leste, Turks and Caicos Islands, United States, United States Minor Outlying Islands, United States Virgin Islands.
The capital of United States, Washington, uses the US Dollar as its currency. Additionally, there are several other cities that use USD either as their official currency or as an accepted form of payment Charlotte Amalie, Cockburn Town, Diego Garcia, Dili, Hagåtña, Kralendijk, Majuro, Nassau, Ngerulmud, Pago Pago, Palikir, Panama City, Phnom Penh, Quito, Road Town, Saipan, San Juan, San Salvador, Washington DC, Washington, D.C..
About the US Dollar
The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank.
The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains (24.057 g) (0.7735 troy ounces) fine silver or, from 1837, 23.22 grains (1.505 g) fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. Since 1971, all links to gold have been repealed.The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. The dollar is the most widely used currency in international transactions, and a free-floating currency. It is also the official currency in several countries and the de facto currency in many others, with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation.
As of February 10, 2021, currency in circulation amounted to US$2.10 trillion, $2.05 trillion of which is in Federal Reserve Notes (the remaining $50 billion is in the form of coins and older-style United States Notes).As of September 20, 2023, the Federal Reserve estimated that the total amount of currency in circulation was approximately US$2.33 trillion.
With currencyconverts.com, you can convert United States Dollar ($) to any other foreign currency. To convert a certain amount of US Dollar, use the currency converter. This page provides free online information about currency conversion or exchange rates for world fiat currencies. The exchange rate for United States Dollar is calculated from the mid-market real price and updates daily. Usually, people search for the USD exchange rate before business travel to United States or during a trip to other countries, and want to check the rate of United States Dollar in local money. On this page, you can convert US Dollar to main foreign currencies, get fast access to the most commonly used amounts of USD, or alternatively calculate any amount of US Dollar in other fiat money.