Although it is the official currency of the United States of America, it is the official currency of several countries.
The American dollar is the strongest and most valuable dollar variety among other dollars. The abbreviation of the American Dollar used in the international arena is "USD", which is the abbreviation of the English US Dollar, that is, the initials of the "United States Dollar".
History of the Dollar
The discovery and growth of the American continent by the Spaniards at that time was of great interest to the British. Before the British colonies in North America achieved their independence, they decided to sign treaties with the Spanish. As a result of this trade agreement, the British gained great income and achieved independence. The British had to make a decision at this time. They will either use their own currency or the Spanish dollar. In order to avoid further difficulties in trade, the English preferred to use the dollar, and in 1690 they issued their first paper money.
In 1739, they began to print paper dollars with nature views in Benjamin Franklin's printing house in Philadelphia. But these dollars were printed and embossed so that they would not be counterfeit.
By 1785, the dollar officially became the currency of the USA. With a decision in 1792, dollars began to be printed in the US mint.
The dollar became the official currency, but it took a long time to circulate in other countries. Until 1861, that is. In 1861, the first US banknote entered circulation. All US banknotes issued since 1861 are also considered valid.