Conduit
US Dollar
The US Dollar (USD) is the official currency of the United States and is widely used as a global reserve currency. It is represented by the symbol "$" and is subdivided into 100 smaller units called cents.
History
The US Dollar was established as the standard unit of money in the Coinage Act of 1792. It has undergone various changes in terms of design and value throughout its history.
Features
- Symbol: $
- ISO Code: USD
- Subunit: Cent (¢)
Current Use
As of now, the US Dollar is used in many countries around the world, either as their official currency or alongside their own. It plays a critical role in international finance.