Canadian one-dollar coin (Loonie)

The dollar (often represented by the dollar sign: "$") is the name of the official currency in several countries, dependencies and other regions. Loonie is the name Canadians gave the gold-coloured bronze-plated one-dollar Coin shortly after its introduction in 1987. A currency is a unit of exchange, facilitating the transfer of Goods and/or services It is one form of Money, where money is

History

United States one-dollar bill

One New Taiwan dollar

Australian one-dollar coin

500 old Zimbabwean dollars

The name Tolar came from the Bohemian coin Guldengroschen ("great guilder", being of silver but equal in value to a gold guilder), minted from the silver from a rich mine at Joachimsthal - Jáchymov (St. The United States one-dollar bill ($1 is the most common denomination of US currency. The New Taiwan dollar ( ( Currency code TWD and common abbreviation NT$) or simply Taiwan dollar, is the official Currency of the The Australian 1 dollar coin was first issued in 1984 to replace the 1 dollar note then in circulation this coin seems to be the most circulated denomination in Australia The dollar is the Currency of Zimbabwe. It is subdivided into 100 cents. The Thaler (or Taler or Tolar) was a Silver Coin used throughout Europe for almost four hundred Years Its name lives on The Guldengroschen was a large Silver Coin originally minted in Tirol in 1486. Silver (ˈsɪlvɚ is a Chemical element with the symbol " Ag " (argentum from the Ancient Greek: ἀργήντος - argēntos gen Gold (ˈɡoʊld is a Chemical element with the symbol Au (from its Latin name aurum) and Atomic number 79 For other places called Joachimsthal see Joachimsthal (disambiguation Jáchymov (ˈjaxɪmof in German originally Thal, later Sankt Joachimsthal For other places called Joachimsthal see Joachimsthal (disambiguation Jáchymov (ˈjaxɪmof in German originally Thal, later Sankt Joachimsthal Joachim's Valley) in Bohemia (then part of the Czech Kingdom, a member of the Holy Roman Empire, now part of the Czech Republic) beginning in 1515. Bohemia (Čechy; Bohemia Czechy is a historical region in central Europe, occupying the western two-thirds of the traditional Czech Lands, currently the The Holy Roman Empire ( HRE; German Heiliges Römisches Reich (HRR, Latin Sacrum Romanum Imperium (SRI was a union of territories in The Czech Republic ( ˈt͡ʃɛskaː ˈrɛpuˌblɪka short form in Česko ˈt͡ʃɛskɔ also called Czechia, Not long after issuance, these coins gained the name Joachimsthalers. From there, coins gained the name "thaler" regardless of the issuing authority. The Thaler (or Taler or Tolar) was a Silver Coin used throughout Europe for almost four hundred Years Its name lives on The basis of "thaler" comes from Joachimsthaler. ^[1] The name is historically related to the tolar in Slovenia (Slovenian tolar) and Bohemia, the daalder in the Netherlands and daler in Sweden, Denmark, and Norway. Slovenia, officially the Republic of Slovenia (Republika Slovenija) is a Country in southern Central Europe bordering Italy to the west The tolar was the Currency of Slovenia from 1991 until the introduction of the Euro on December 31, 2006. Bohemia (Čechy; Bohemia Czechy is a historical region in central Europe, occupying the western two-thirds of the traditional Czech Lands, currently the The Netherlands ( Dutch:, ˈnedərlɑnt is the European part of the Kingdom of the Netherlands, which consists of the Netherlands the Netherlands The riksdaler was the name of a Swedish coin first minted in 1604 "Sverige" redirects here For other uses see Sweden (disambiguation and Sverige (disambiguation. The Kingdom of Denmark ( ˈd̥ænmɑɡ̊ (archaic ˈd̥anmɑːɡ̊ commonly known as Denmark, is a country in the Scandinavian region of northern Europe Norway ( Norwegian: Norge ( Bokmål) or Noreg ( Nynorsk) officially the Kingdom of Norway, is a Constitutional "Guildiner" can be traced to 1486 when Archduke Sigismund of Tyrol, a small state north of Venice, issued a dollar-sized coin which was referred to as a "guildiner". Silver supplies were small which limited coinage. ^[2]

The Dutch lion dollar circulated throughout the Middle East and was imitated in several German and Italian cities. It was also popular in the Dutch East Indies as well as in the Dutch New Netherlands Colony (New York). See http//enwikipediaorg/wiki/WikipediaFootnotes for an explanation of how to generate footnotes using the tags and the template below New Netherland (Dutch Nieuw-Nederland, Latin Novum Belgium or Nova Belgica) 1614–1674 is the name of the former Dutch territory on the eastern coast New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The lion dollar also has circulated throughout the English colonies during the 17th and early 18th centuries. Examples circulating in the colonies were usually fairly well worn so that the design was not fully distinguishable, thus they were sometimes referred to as "dog dollars. "[1] This Dutch currency made its way to the east coast due to the increased trading by colonial ships with other nations. By the mid-1700s, it was replaced by the Spanish 8 reales. ^[3]

The name "Spanish dollar" was used for a Spanish coin, the "real de a ocho" and later peso, worth eight reals (hence the nickname "pieces of eight"), which was widely circulated during the 18th century in the Spanish colonies in the New World and in Spanish territories in Asia, namely in the Philippines. History Spain Following the introduction of the Guldengroschen in Austria in 1486 the concept of a large silver coin with high purity (sometimes known as "specie" The word peso (meaning weight in Spanish was the name of a coin that originated in Spain and became of immense importance internationally A nickname is a Name of an entity or thing that is not its Proper name. The 18th century lasted from 1701 to 1800 in the Gregorian calendar, in accordance with the Anno Domini / Common Era numbering system The Spanish colonization of the Americas was Spain 's conquest settlement and rule over much of the Western hemisphere. The Philippines ( Filipino: Pilipinas, officially known as the Republic of the Philippines (fil ''Republika ng Pilipinas'' RP The use of the Spanish dollar and the Maria Theresa thaler as legal tender for the early United States and its fractions were the mainstay of commerce. The Maria Theresa thaler (MTT is a Silver Bullion[[bullion coin|-]] Coin that has been used in world trade continuously since it was first minted as The United States of America —commonly referred to as the They are the reasons for the name of the nation's currency. By the American Revolution in 1775, these Spanish currency became even more important. In this article the inhabitants of the thirteen colonies that supported the American Revolution are primarily referred to as "Americans" with occasional references to "Patriots" They were backed by paper money authorized by the individual colonies and the Continental Congress. The Continental Congress was a convention of delegates from the Thirteen Colonies that became the governing body of the United States during the ^[3] However, the word dollar was in use in the English language as slang or mis-pronunciation for the thaler for about 200 years before the American Revolution, with many quotes in the plays of Shakespeare referring to dollars as money. English is a West Germanic language originating in England and is the First language for most people in the United Kingdom, the United States In this article the inhabitants of the thirteen colonies that supported the American Revolution are primarily referred to as "Americans" with occasional references to "Patriots" William Shakespeare ( baptised Spanish dollars were in circulation in the Thirteen Colonies that became the United States, and were legal tender in Virginia. The Thirteen Colonies were part of what became known as British America, a name that was used by Great Britain until the Treaty of Paris (1783 recognized the The United States of America —commonly referred to as the Legal tender or forced tender is Payment that by Law, cannot be refused in settlement of a Debt ( Debtor cannot successfully be sued The Commonwealth of Virginia ( is an American state

Coins known as dollars were also in use in Scotland during the 17th century, and there is a claim that the use of the English word, and perhaps even the use of the coin, began at the University of St Andrews. Scotland ( Gaelic: Alba) is a Country in northwest Europethat occupies the northern third of the island of Great Britain. As a means of recording the passage of Time, the 17th Century was that Century which lasted from 1601 - 1700 in the Gregorian calendar The University of St Andrews is the oldest University in Scotland and third oldest in the English-speaking world, having been founded between This explains the sum of 'Ten thousand dollars' mentioned in Macbeth (Act I, Scene II), although the real Macbeth upon whom the play was based lived in the 11th century, making the reference anachronistic; however this is not rare in Shakespeare's work. Macbeth is among the best-known of William Shakespeare 's plays, and is his shortest tragedy, believed to have been written some time between Mac Bethad mac Findlaích ( Modern Gaelic: MacBheatha mac Fhionnlaigh) anglicised as Macbeth, and nicknamed Rí Deircc, "the Red King" An anachronism (from the Greek "ana" " ανά " "against anti-" and "chronos" " χρόνος "

In the early 19th century, a British five-shilling piece, or crown, was sometimes called a dollar, probably because its appearance was similar to the Spanish dollar. The shilling is a unit of Currency used in current and former Commonwealth countries and was continued to be used in countries that left the commonwealth This expression appeared again in the 1940s, when U. S. troops came to the UK during World War II. World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including At the time a U. S. dollar was worth about 5s. , so some of the U. S. soldiers started calling it a dollar. Consequently, they called the half crown "half a dollar", and the expression caught on among some locals and could be heard into the 1960s. Half crown may refer to Half crown (British coin, a pre-decimalisation coin of the United Kingdom Half crown (Irish coin, a pre-decimalisation

In the early days of the United States, the term "Dollar" was commonly known as a coin minted by Spain called the Spanish Milled Dollar. These coins were the standard money then in use in the country. On April 2, 1792 Alexander Hamilton, then the Secretary of the Treasury, made a report to congress that were the result of his task to scientifically determine the amount of silver in the Spanish Milled Dollar coins that were then in current use by the people. As a result of this report, the Dollar was defined (See the Act of April 2, A. D. 1792 of the Senate and House of Representatives of the United States of America in Congress assembled, Section 9) as a unit of measure of 371 4/16th grains of pure silver or 416 grains of standard silver. (Standard silver being defined as 1,485 parts fine silver to 179 parts alloy; See Section 13 of the Act. ). Therefor paper is not the dollar, instead, it is 'worth', not 'is', 1 dollar (U. S Silver certificate. ) Since the creation of the Federal Reserve, the dollar note has plummeted in value, like all other fiat currency in history, will eventually fail. In section 20 the Act, it is specified that the "money of account" of the United States shall be expressed in those same "dollars" or parts thereof. All of the minor coins were also defined in terms of percentages of the primary coin the dollar such that a half dollar contained 1/2 as much silver as a dollar, quarter dollars, 1/4th etc. In an act passed on January 18, 1837 the alloy was changed to 10% thus having the effect of containing the same amount of silver but being reduced in weight to 412 1/4 grains of standard silver which was changed to 90% pure and 10% alloy. On February 21, 1853 the amount of silver in the fractional coins was reduced so that it was no longer possible to combine the fractional coins to come up with the same amount of silver that was in the dollar. Various acts have been passed over the years that affected the amount and type of metal in the coins minted by the United States such that today, there is no legal definition of the term "Dollar" to be found in any Statute of the United States. All statutes describing the manufacture of coins by the United States with the term "dollar" upon their face are inconsistent and conflicting in terms of weight and material, i. e. value. [Sources for this paragraph include the United States Statutes at Large, A Guide Book of United States Coins by R. S. Yeoman, MONEY - Ye shall have honest weights and measures by James E. Ewart. ]

Today the closest definition to a dollar comes from the United States code Title 31, Section 5116, paragraph b, subsection 2, "The Secretary [of the Treasury] shall sell silver under conditions the Secretary considers appropriate for at least $1. 292929292 a fine troy ounce. " However Federal Reserve banks are only prejudiced to deliver tax credits instead of money. The silver content of U. S. coinage was mostly removed in 1965 and the dollar essentially became a baseless free-floating fiat currency; though the U.S. Mint continues to make silver $1 bullion coins at this weight. The terms fiat currency and fiat money relate to types of currency or Money whose usefulness results not from any intrinsic value or guarantee that it can be The United States Mint primarily produces circulating coinage for the United States to conduct its Trade and Commerce. It is believed that the original green color and other specific designs of a paper dollar were introduced by 2 Armenian brothers from Massachusetts who were Near-Eastern immigrants. The Commonwealth of Massachusetts ( is a state located in the New England region of the northeastern United States.

Continued Chinese demand for silver led several countries, notably the United Kingdom, United States, and Japan to mint trade dollars in the 19th and early 20th centuries, often of slightly different weights to their domestic coinage. Trade Dollars were coins issued by various countries for use in foreign trade Silver dollars reaching China (whether Spanish, Trade, or other) were often stamped with Chinese characters known as "chop marks" which indicated that that particular coin had been assayed by a well-known merchant and determined genuine.

Related names in modern currencies

• The tala is based on the Samoan pronunciation of the word "dollar". The tala is the Currency of Samoa. It is divided into 100 sene The Sāmoan or Samoan language is the traditional language of Samoa and American Samoa and is an official language &mdash alongside English Likewise, the name of the smaller unit, seneiti, equates to "cent".
• The Slovenian tolar had the same origin as dollar, i. The tolar was the Currency of Slovenia from 1991 until the introduction of the Euro on December 31, 2006. e. thaler. The Thaler (or Taler or Tolar) was a Silver Coin used throughout Europe for almost four hundred Years Its name lives on

National currencies called "dollar"

Some of these are called dollars in English, but by a different name in the native language of the country. See the navigational box below for a complete list.

The name has also been applied to the international dollar, a hypothetical unit of currency that has the same purchasing power that the U.S. dollar has in the United States at a given point in time. The Geary-Khamis dollar, also known as the international dollar, is a hypothetical unit of Currency that has the same Purchasing power that the U The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been

See also

• Eurodollar

indian ruppes

• Denarius - Roman Empire currency
• Dollar sign
• List of circulating currencies

References