Dollar is the name of various currencies. Currently the most prominent Dollar currency is the United States dollar, which is the world's most important reserve currency.

Name origin and history

The word dollar is derived originally from the old German coin denomination Credits ( from Haller Thaler - Hall in Tirol is located in the Inn Valley near Innsbruck - as well as by the Czech Joachimsthalerstrasse Guldengroschen - Joachimsthalerstrasse Guilder ) from. The name Dolaro or Dolares appeared for the first time under the Emperor Charles V. to distinguish the circulating deteriorated 8- reales pieces (Peso ) against the full-fledged in the silver content pieces. The name Dolaro was inspired by the Dutch Daalder ( pounds), when the Netherlands were under Spanish occupation. First official Dolaros then, King Philip II of Spain from 1575 in Potosi (now Bolivia) shape. They were equal footing with the Dutch Phillipusdaaldern and often by English pirates ( privateers ) were captured. Thus they came to the British North American colonies and were a popular (replacement) cash for lack of English cash ( Silver Crowns ). First dollar then let Queen Elizabeth I of England formally characterize from 1600 and then spread through the British East India Company in their colonies. Linguistically related is also derived from the thaler former currency of the State of Slovenia Tolar.

The U.S. Coinage Act of April 2, 1792 ( Coinage Act of 1792) has stated "the Spanish dollar or peso " with a silver fine weight of 371.25 grains or 24.056 grams converted to the primary currency unit. It was:

Simultaneously, a 10 - dollar gold coin was still 24.7 grains fine provided, corresponding to a gold / silver value ratio of 1:15. Every citizen could henceforth also gold and silver coins under those laws Münzfüßen - with a corresponding precious metal delivery - private ausmünzen and thus leave his money " manufacture " with state coin design.

Dollar sign

The currency symbol for the dollar is the " dollar sign " $, it appeared later than in the 1770s, first in manuscripts in commerce between Mexico and the British colonies of North America for the identification of the Spanish currency. The origin can not be proven unambiguously, but it is likely that it is the passage of time from the hand-written abbreviation for peso Ps ( s ) or piastres (originally weight measurements) has developed.

Often the character is seen as a stylized symbol of the " Pillars of Hercules " that symbolize the ( Spanish ) entitled to overseas dominion, and the dollar sign as an S-curved line (" Banner " ) with earlier two parallel, now often a vertical line are shown. This banner was originally on the 8 - reales pieces of 16-17. Century imposed as part of the Spanish coat of arms and is still part of the coat of arms of Spain.

Contrary to popular belief, the " dollar sign " was not created by superimposing the letters " U" and " S" to " $".

Dollar currencies

  • Australian Dollar
  • Bahamian dollar
  • Barbados Dollar
  • Belize Dollar
  • Bermudian Dollar
  • Brunei Dollar
  • Fijian Dollar
  • Guyanese dollar
  • Hong Kong Dollar
  • International dollars
  • Jamaican dollar
  • Cayman Islands Dollar
  • Canadian Dollar
  • Liberian dollar
  • Namibian dollars
  • New Zealand Dollar