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Definitions, names and dates: 1785 1794 Richard Milhous Nixon Federal Reserve System Ben Shalom Bernanke USA Dollar 23 December, 1913
History of the Dollar of United States 1794 Dollar comes from the word “Yoahimstaler” the name of the coin of the XVI century, which was made near silver mine in Yahymiv in Chech Republic. “Yaihimstaler” means “hill of Yahymiv”. Later the word “Yoahimstaler” was shortened to “taller” and dutchmen changed it into a “doller”. Englishmen turned it into “dollar”. In America Spanish coin of 8 reals was called a dollar. Government of the USA introduced american money in 1785 and dollar became the main currency. The first dollars in the USA started to produce in 1794.
Dollar sign The symbol $, usually written before the numerical amount, is used for the U.S. dollar. The sign was the result of a late 18th-century evolution of the scribal abbreviation "ps" for the peso. Another popular explanation is that it comes from the Pillars of Hercules on the Spanish Coat of arms on the Spanish. These Pillars of Hercules on the silver Spanish dollar coins take the form of two vertical bars and a swinging cloth band in the shape of an "S". Yet another fictional explanation suggests that the dollar sign was formed from the capital letters U and S written or printed one on top of the other.
Nicknames The colloquialism “buck” is often used to refer to dollars of various nations, including the U.S. dollar. This term, dating to the 18th century, may have originated with the colonial leather trade. It may also have originated from a poker term. “Greenback” is another nickname originally applied specifically to the 19th century. Demand Note dollars created by Abraham Lincoln to finance the costs of the Civil War for the North. In French-speaking areas of Louisiana, the dollar is referred to as "piastre" or "piasse" (pronounced "pee-as") and the French holdover "sou" (pronounced "soo") is used to refer to the cent. In Panama, the equivalent of buck is "palo" (literally "stick"). In Ecuador, the dollar is referred to as "plata" (literally "silver"). In Peru, a nickname for the U.S. dollar is "coco", which is a pet name for Jorge , a reference to the portrait of George Washington on the $1 note. Cubans call the U.S. dollar "fula". Loosely translated from Cuban jargon meaning bad.
Currencies Year Buy Sell 2004 5.29 5.33 2005 5.07 5.14 2006 5.02 5.05 2007 5.02 5.04 2008 4.72 4.79 2009 7.60 7.66 2010 7.91 7.94 2011 7.97 8.00 2012 8.06 8.11 2013 8.12 8.15 2014 8.40 8.47
Questions When was dollar introduced by government of the USA? What happened in 1794? Who is pictured on $1? Do the USA has the main Central Bank? Where is Federal Reserve System situated? How many months does $100 live?
Answers Dollar was introduced in 1785. The first dollars in the USA started to produce in 1794. On the bill of $1 is the first president of the USA George Washington. The USA hasn’t the main Central Bank. Federal Reserve System is situated in Washington, USA. $100 lives 60 months.
http://en.wikipedia.org/wiki/United_States_dollar http://en.wikipedia.org/wiki/Richard_Nixon http://en.wikipedia.org/wiki/Federal_Reserve_Bank http://en.wikipedia.org/wiki/Federal_Reserve_System https://www.mint.com/blog/trends/the-origins-of-the-u-s-dollar/ http://en.wikipedia.org/wiki/Federal_Reserve_Note Sources http://tables.finance.ua/ru/currency/cash/~/ua/USD/0#2:0