United States Fifty-Dollar Bill
The United States fifty-dollar bill ($50) is a denomination of United States currency. U.S. President Ulysses S. Grant is currently featured on the obverse, while the U.S. Capitol is featured on the reverse. All $50 bills issued today are Federal Reserve Notes.
United States Five-Dollar Bill
The United States five-dollar bill ($5) is a denomination of United States currency. The $5 bill currently features U.S. President Abraham Lincoln's portrait on the front and the Lincoln Memorial on the back. All $5 bills issued today are Federal Reserve Notes.
The $5 bill is sometimes nicknamed a "fin". The term has German/Yiddish roots and is remotely related to the English "five", but it is far less common today than it was in the late 19th and early 20th Centuries.
The $5 bill is sometimes nicknamed a "fin". The term has German/Yiddish roots and is remotely related to the English "five", but it is far less common today than it was in the late 19th and early 20th Centuries.
Half Dollar (United States Coin)
The half dollar of the United States, sometimes known as the fifty-cent piece, has been produced nearly every year since the inception of the United States Mint in 1794. The only U.S. coin that has been minted more consistently is the cent.
Half dollar coins are commonly used in casinos; rolls of half dollars are kept on hand in cardrooms in the United States for games requiring 50-cent antes or bring-in bets, for dealers to pay winning naturals in blackjack, or where the house collects a rake in increments of 50 cents (usually in low-limit seven-card stud and its variants). Many slot machines also took in, and paid out in, 50-cent pieces; however, casinos in recent years have phased in "coinless" slots (for all denominations), taking in paper dollars, and paying winners through vouchers.
Half dollar coins are commonly used in casinos; rolls of half dollars are kept on hand in cardrooms in the United States for games requiring 50-cent antes or bring-in bets, for dealers to pay winning naturals in blackjack, or where the house collects a rake in increments of 50 cents (usually in low-limit seven-card stud and its variants). Many slot machines also took in, and paid out in, 50-cent pieces; however, casinos in recent years have phased in "coinless" slots (for all denominations), taking in paper dollars, and paying winners through vouchers.
United States One Hundred-Dollar Bill
The United States one hundred-dollar bill ($100) is a denomination of United States currency. U.S. statesman, inventor, and diplomat Benjamin Franklin is currently featured on the obverse of the bill, while Independence Hall is featured on the reverse. The bill is one of two current notes that does not feature a President of the United States; the other is the United States ten-dollar bill, featuring Alexander Hamilton. It is the largest denomination that has been in circulation since July 14, 1969, when the higher denominations of $500, $1,000, $5,000, $10,000 and $100,000 were retired.
United States Ten-Dollar Bill
The United States ten-dollar bill ($10) is a denomination of United States currency. U.S. Secretary of the Treasury Alexander Hamilton is currently featured on the obverse of the bill, while the U.S. Treasury is featured on the reverse. (Hamilton is one of two non-presidents featured on currently issued U.S. bills. The other is Benjamin Franklin, on the $100 bill. For this reason, many people often mistakenly assume them to have been presidents. In addition to that, Hamilton is the only person featured on U.S. currency not born in the United States, as he was from the West Indies.) All $10 bills issued today are Federal Reserve Notes.
United States Twenty-Dollar Bill
The United States twenty-dollar bill ($20) is a denomination of United States currency. U.S. President Andrew Jackson is currently featured on the front side of the bill, while the White House is featured on the reverse side, which is why the twenty-dollar bill is often called a "Jackson".
The twenty-dollar bill in the past was referred to as a "double-sawbuck" because it is twice the value of a ten-dollar bill, which was nicknamed a "sawbuck" due to the resemblance the Roman numeral for ten (X) bears to the legs of a sawbuck, although this usage is far less common today than it was in the early 20th century. The twenty dollar gold coin was known as a "double eagle". Rather than a nickname, this nomclemature was specified by an act of congress.
The twenty-dollar bill is the primary banknote (and in most cases, the only banknote, as it would increase costs to make ATMs compatible with other bills) dispensed by ATMs in the United States as well as the primary bill used for withdrawals or cashing checks. It is, therefore, the highest denomination note most commonly used by Americans on an everyday basis.
The twenty-dollar bill in the past was referred to as a "double-sawbuck" because it is twice the value of a ten-dollar bill, which was nicknamed a "sawbuck" due to the resemblance the Roman numeral for ten (X) bears to the legs of a sawbuck, although this usage is far less common today than it was in the early 20th century. The twenty dollar gold coin was known as a "double eagle". Rather than a nickname, this nomclemature was specified by an act of congress.
The twenty-dollar bill is the primary banknote (and in most cases, the only banknote, as it would increase costs to make ATMs compatible with other bills) dispensed by ATMs in the United States as well as the primary bill used for withdrawals or cashing checks. It is, therefore, the highest denomination note most commonly used by Americans on an everyday basis.
United States Two-Dollar Bill
The United States two-dollar bill ($2) is a current denomination of U.S. currency. Former U.S. President Thomas Jefferson is featured on the obverse of the note. The painting The Declaration of Independence by John Trumbull is featured on the reverse. The design on the obverse (excluding the elements of a Federal Reserve Note) is the oldest design of current U.S. currency, having been adopted in 1929; the reverse is the second oldest design, having been adopted in 1976.
United States One-Dollar Bill
The United States one-dollar bill ($1) is a denomination of U.S. currency, and is also the most common. The first president, George Washington, painted by Gilbert Stuart, is currently featured on the obverse, while the Great Seal of the United States is featured on the reverse. The one-dollar bill has the second oldest design of all U.S. currency currently being produced, after the two dollar bill. The obverse debuted in 1963 when the $1 bill first became a Federal Reserve Note.
Cent (currency)
In many national currencies, the cent is a monetary unit that equals 1/100 of the basic monetary unit. The word also refers to the coin which is worth one cent.
ISO 4217
ISO 4217 is the international standard describing three-letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). The ISO 4217 code list is the established norm in banking and business all over the world for defining different currencies, and in many countries the codes for the more common currencies are so well known publicly, that exchange rates published in newspapers or posted in banks use only these to define the different currencies, instead of translated currency names or ambiguous currency symbols. ISO 4217 codes are used on airline tickets and international train tickets to remove any ambiguity about the price.
Gold
Gold is a chemical element with the symbol Au (from its Latin name aurum) and atomic number 79. It is a highly sought-after precious metal which, for many centuries, has been used as money, a store of value and in jewelry. The metal occurs as nuggets or grains in rocks, underground "veins" and in alluvial deposits. It is one of the coinage metals. Gold is dense, soft, shiny and the most malleable and ductile of the known metals. Pure gold has a bright yellow color traditionally considered attractive.
Money Supply
The money supply, or money stock, refers to the total amount of money held by the nonbank public at a point in time in an economy.There are several ways to measure such an amount (called a monetary aggregate), but each includes currency in circulation plus demand deposits (checking-account money)
Money
Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main uses of money are as a medium of exchange, a unit of account, and a store of value. Some authors explicitly require money to be a standard of deferred payment.
includes both currency, particularly the many circulating currencies with legal tender status, and various forms of financial deposit accounts, such as demand deposits, savings accounts, and certificates of deposit. In modern economies, currency is the smallest component of the money supply.
includes both currency, particularly the many circulating currencies with legal tender status, and various forms of financial deposit accounts, such as demand deposits, savings accounts, and certificates of deposit. In modern economies, currency is the smallest component of the money supply.
Medium of Exchange
A medium of exchange is an intermediary used in trade to avoid the inconveniences of a pure barter system.
East Caribbean Dollar
The East Caribbean dollar (currency code XCD) is the currency of eight of the nine members of the Organisation of Eastern Caribbean States. It has existed since 1965 and is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated currencies. The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar at US$1 = EC$2.7 since 1976. Because of this relatively low exchange rate and the inherent physical similarities, the 25 cent coin has been used by fraudsters in Canada in place of the Canadian quarter.
New Zealand Dollar
The dollar (currency code NZD) is the currency of New Zealand. It also circulates in the Cook Islands (see also Cook Islands dollar), Niue, Tokelau, and the Pitcairn Islands.
New Taiwan Dollar
The New Taiwan dollar is the official currency of the Republic of China (ROC) within the areas of Taiwan, Pescadores, Kinmen, and Matsu since 1949. Originally issued by the Bank of Taiwan, it has been issued by the Central Bank of China ( the national bank of the Taiwan) since 2000.
Singapore Dollar
The dollar (currency code SGD) is the currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.
Liberty Dollar
The Liberty Dollar is a private currency embodied in minted metal pieces (referred to as rounds) and gold and silver certificates (ALD), and electronic currency (eLD). ALD certificates are warehouse receipts for real gold and silver formerly owned by ALD certificate holders which was warehoused at the Sunshine Mint in Coeur d'Alene, Idaho prior to an FBI raid (see below). The Liberty Dollar is distributed by Liberty Services (formerly known as NORFED), based in Evansville, Indiana. It was created by Bernard von NotHaus, the co-founder of the Royal Hawaiian Mint Company.
Dollar Sign
The dollar sign or peso sign ($) is a symbol primarily used to indicate a unit of currency.
Morgan Dollar
The Morgan Dollar is a silver United States dollar coin. The dollars were minted from 1878 to 1904 and again for one more year in 1921. The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan's monogram appears near Lady Liberty's neck on the obverse. The dollar was authorized by the Bland-Allison Act of 1878. It has a fineness of .900, giving a total silver content of 0.77344 troy ounces (24.057 grams) per coin.
Zimbabwean Dollar
The dollar is the currency of Zimbabwe. It is subdivided into 100 cents. It is normally abbreviated with the dollar sign $, or alternatively Z$ to distinguish it from other dollar-denominated currencies.
Hong Kong Dollar
The Hong Kong dollar (ISO 4217 code: HKD) is the currency of Hong Kong. It is the 9th most traded currency in the world.In English, it is normally abbreviated with the dollar sign $, or alternatively HK$ to distinguish it from other dollar-denominated currencies. The dollar is subdivided into 100 cents.
United States Dollar
The dollar (ISO 4217 code: USD) is the unit of currency of the United States. The U.S. dollar has also been adopted as the official and legal currency by the governments in a few other countries. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents.
Australian Dollar
The dollar is the currency of the Commonwealth of Australia, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru and Tuvalu. The Australian dollar's ISO 4217 code is AUD but it is often abbreviated with the dollar sign $. A$ or AU$ is often used informally to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents.
The Australian dollar is currently the sixth-most-traded currency in world foreign exchange markets (behind the euro, US dollar, the yen, the pound sterling, and the swiss franc), accounting for about 4–5% of worldwide foreign-exchange transactions. The Australian dollar is popular with currency traders due to high interest rates in Australia, the relative freedom of the foreign exchange market from intervention by the Australian government, the general stability of the economy and political system, and the prevailing view that it offers diversification benefits in a portfolio containing the major world currencies (especially because of its greater exposure to Asian economies and the commodities cycle).
The Australian dollar is currently the sixth-most-traded currency in world foreign exchange markets (behind the euro, US dollar, the yen, the pound sterling, and the swiss franc), accounting for about 4–5% of worldwide foreign-exchange transactions. The Australian dollar is popular with currency traders due to high interest rates in Australia, the relative freedom of the foreign exchange market from intervention by the Australian government, the general stability of the economy and political system, and the prevailing view that it offers diversification benefits in a portfolio containing the major world currencies (especially because of its greater exposure to Asian economies and the commodities cycle).
Dollar (United States Coin)
Dollar coins have been minted in the United States in gold, silver, and base metal versions. Silver dollars, the first dollar coin issue, were minted beginning in 1794.
The term silver dollar is often used for any large white metal coin issued by the United States with a face value of one dollar; although purists insist that a dollar is not silver unless it contains some of that metal. Gold and gold-colored dollars have also been produced by the United States. The Sacagawea and Presidential dollars are usually referred to as golden, despite not containing any gold, as they are a golden color.
Dollar coins have found little popular acceptance in circulation in the United States, despite several attempts since 1971 to phase in a coin in place of the one dollar bill. This contrasts with currencies of many other developed countries, where denominations of similar value exist only in coin, such as the Canadian loonie and toonie, British 50 pence coin (as well as the 1 pound and 2 pound British coins, though the Royal Bank of Scotland still maintains a £1 note), the 1 and 2 Australian Dollar coins, the 50 New Taiwan dollar coin, 100 and 500 Japanese yen coin, 1 euro coin and 2 euro coin. These coins have largely succeeded because of a removal (or lack) of their corresponding paper issues, whereas the US is resistant to the removal of the dollar bill from production and circulation.
The term silver dollar is often used for any large white metal coin issued by the United States with a face value of one dollar; although purists insist that a dollar is not silver unless it contains some of that metal. Gold and gold-colored dollars have also been produced by the United States. The Sacagawea and Presidential dollars are usually referred to as golden, despite not containing any gold, as they are a golden color.
Dollar coins have found little popular acceptance in circulation in the United States, despite several attempts since 1971 to phase in a coin in place of the one dollar bill. This contrasts with currencies of many other developed countries, where denominations of similar value exist only in coin, such as the Canadian loonie and toonie, British 50 pence coin (as well as the 1 pound and 2 pound British coins, though the Royal Bank of Scotland still maintains a £1 note), the 1 and 2 Australian Dollar coins, the 50 New Taiwan dollar coin, 100 and 500 Japanese yen coin, 1 euro coin and 2 euro coin. These coins have largely succeeded because of a removal (or lack) of their corresponding paper issues, whereas the US is resistant to the removal of the dollar bill from production and circulation.
Maui Trade Dollars
The Maui Trade Dollar program was created in 1992 to raise funds for the non-profit Maui Chamber of Commerce Foundation. The Maui Trade Dollar is a "silver" clad-cupronickel coin about the size of a traditional United States silver dollar; The coins are a commonly sought after collector's item, often exchanged or traded in order to complete the sets dating from the 1992 issue. Each year a new design is created with emphasis on Maui's unique wildlife. The coins as of 2008 retail for$3.00 a piece and can be bought off the Maui Chamber of Commerce's website.
Gold Dollar
In 1841, the new Province of Canada declared that its dollar was equal to one-tenth the gold Eagle coin which was 10 U.S. dollar and was worth 5 s. (5 shillings) in local currency. The silver Spanish dollars were rated at 5 s. 1 d. and the British sovereign was rated at £1 4 s. 4 d. , the proper value due to its gold content compared to that of the gold U.S. dollar.
Canadian Dollar
The Canadian dollar (ISO 4217 code: CAD) is the currency of Canada. It is normally abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.
Trade Weighted US Dollar Index
In the US Dollar Index, a significant weight is given to the euro. In order to more accurately reflect the strength of the dollar relative to other world currencies, the Federal Reserve created the Trade Weighted US Dollar Index, which includes a bigger collection of currencies than US Dollar Index, based on the annual trade that they have with US. The regions included are Europe (euro countries), Canada, Japan, Mexico, China, United Kingdom, Taiwan, Korea, Singapore, Hong Kong, Malaysia, Brazil, Switzerland, Thailand, Philippines, Australia, Indonesia, India, Israel, Saudi Arabia, Russia, Sweden, Argentina, Venezuela, Chile, and Colombia.
Trade Dollar (United States Coin)
The Trade Dollar was a silver dollar coin issued by the United States solely for trade in the Orient with China, Korea, and Japan. It is 420 grains in weight, composed of 90% silver and 10% copper, as opposed to the 412 grains of a standard US silver dollar of the time period.
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