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The official currency of the United States since 1792, the US Dollar is the most traded currency in the world. One US Dollar is made up of 100 cents and bears the ‘$’ or US$ symbol. US Dollar is used as a legal tender in many countries together with the country’s official currency.
Along with the Euro, the US Dollar amounts to approximately 90% of globally allocated reserves, of which the US dollar alone covers nearly 60% share. Did you know that the US Dollar is a part of 85% forex transactions worldwide and it has an index of its own called the USDX?
Some facts that you ought to know about the US currency:
- The short name for the United States Dollar is USD.
- Just like us, foreign currencies too have nicknames. The nicknames for USD include Benjamins, bones, bread, buck, buckos, Dinero, Jeffersons, scratch, and smacker.
- The most frequently used coins are 1¢, 5¢, 10¢, 25¢ and rarely used coins are 50¢ and $1.
- The most commonly used banknotes include USD1, USD5, USD10, USD20, USD50, and USD100 and the USD2 is the only banknote that is least used.
Interesting facts about the currency
United State Dollar, USD
Benjamins, Bones, Bread, Buck, Buckos, Cash, Dead Presidents, Dinero, Jeffersons, Scratch, SmackerSymbol
$, US$
1�, 5�, 10�, 25�, 50�, $1
1/100, Cent
$1, $2, $5, $10, $20, $50, $100
Federal Reserve System
Benjamins, Bones, Bread, Buck, Buckos, Cash, Dead Presidents, Dinero, Jeffersons, Scratch,SmackerSymbol
