The dollar, symbolized by $, is a widely used currency across over twenty countries, including the USA, Canada, and Australia. Discover its origins, history, and global exchange rates, along with a breakdown of various dollar denominations used worldwide. Learn more about this essential unit of currency!

What is a Dollar? Meaning, Definition!


Dollar (often represented by the dollar sign $) is the name of more than twenty currencies, including (ordered by population) those of the United States, Canada, Australia, Taiwan, Hong Kong, Singapore, New Zealand, Liberia, Jamaica, and Namibia.

The U.S. dollar is the official currency of East Timor, Ecuador, El Salvador, Federated States of Micronesia, Marshall Islands, Palau, the Caribbean Netherlands, and for banknotes, Panama. Generally, one dollar is divided into one hundred cents. The Currency is a system of money in general use in a particular country. What is a Rupee? Now, you learn What is a Dollar?

"The history of the dollar. For the symbol "$", see the Dollar sign. The Slovenian philosopher, see Mladen Dolar. The municipality in Spain, see Dólar."

Exchange Currency in US currency


One US Dollar ($1) Rated to Others Country:

  1. 1.38 Australian Dollar
  2. 1.00 Bahamian Dollar
  3. 2.00 Barbadian Dollar
  4. 2.01 Belize Dollar
  5. 1.00 Bermudan Dollar
  6. 1.44 Brunei Dollar
  7. 1.34 Canadian Dollar
  8. 0.82 Cayman Islands Dollar
  9. 2.70 East Caribbean Dollar
  10. 2.13 Fijian Dollar
  11. 207.21 Guyanaese Dollar
  12. 7.76 Hong Kong Dollar
  13. 128.80 Jamaican Dollar
  14. 91.00 Liberian Dollar
  15. 13.96 Namibian Dollar
  16. 32.01 New Taiwan Dollar
  17. 1.44 New Zealand Dollar
  18. 1.44 Singapore Dollar
  19. 7.39 Surinamese Dollar
  20. 6.75 Trinidad & Tobago Dollar

History of Dollar


On 15 January 1520, the Czech Kingdom of Bohemia began minting coins from silver mined locally in Joachimsthal (Czech Jáchymov) and marked on the reverse with the Czech lion. The coins were called Joachim's thaler, which became shortened in common usage to thaler or taler. The German name "Joachimsthal" literally means "Joachim's valley" or "Joachim's dale".

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This name found its way into other languages: Czech tolar, Hungarian tallér, Danish and Norwegian (rigs) daler, Swedish (riks)daler, Icelandic dalur, Dutch (rijks)daalder or daler, Ethiopian ታላሪ ("talari"), Italian tallero, Polish talar, Persian dare, as well as – via Dutch – into English as dollar.

A later Dutch coin depicting also a lion was called the leeuwen daler or leeuwen daalder, literally 'lion daler'. The Dutch Republic produced these coins to accommodate its booming international trade. The leeuwen daler circulated throughout the Middle East and was imitated in several German and Italian cities.

This coin was also popular in the Dutch East Indies and in the Dutch New Netherland Colony (New York). It was in circulation throughout the Thirteen Colonies during the 17th and early 18th centuries and was popularly known as "lion (or lyon) dollar".

The currencies of Romania and Bulgaria are, to this day, 'lion' (leu/leva). The modern American-English pronunciation of dollar is still remarkably close to the 17th-century Dutch pronunciation of daler. Some well-worn examples circulating in the Colonies were known as "dog dollars".

Spanish pesos – having the same weight and shape – came to be known as Spanish dollars. By the mid-18th century, the lion dollar had been replaced by Spanish dollar, the famous "pieces of eight", which were distributed widely in the Spanish colonies in the New World and in the Philippines.

Types of Dollar with Countries Bases


Antigua and Barbuda
East Caribbean dollarXCD
Australia and its territories
Australian dollarAUD1966-02-14Australian pound 1910-1966
Pound sterling 1825-1910
Bahamas
Bahamian dollarBSD Bahamian pound
Barbados
Barbadian dollarBBD
Belize
Belize dollarBZD/USD1973British Honduran Dollar
Bermuda
Bermuda dollarBMD
Brunei
Brunei dollar
(Alongside the Singapore dollar)
BND
(SGD)
Canada
Canadian dollarCAD1858Canadian pound 1841-1858
Spanish dollar pre-1841
Newfoundland dollar, pre-1949 in the Dominion of Newfoundland
Cayman Islands
Cayman Islands dollarKYD
Dominica
East Caribbean dollarXCD
East Timor
United States dollarUSD
Ecuador
United States dollarUSD2001Ecuadorian sucre
El Salvador
United States dollarUSD2001-01-01Salvadoran colón
Fiji
Fijian dollarFJD
Grenada
East Caribbean dollarXCD
Guyana
Guyanese dollarGYD
Hong Kong
Hong Kong dollarHKD1863Rupee, Real (Spanish/Colonial Spain: Mexican), Chinese cash
Jamaica
Jamaican dollarJMD1969Jamaican pound
Kiribati
Kiribati dollar along with the Australian dollarN/A / AUD
Liberia
Liberian dollarLRD
Marshall Islands
United States dollarUSD
Federated States of Micronesia
United States dollarUSD
Namibia
Namibian dollar along with the South African randNAD1993South African rand
Nauru
Australian dollarAUD
New Zealand and its territories
New Zealand dollarNZD1967New Zealand pound
Palau
United States dollarUSD
Saint Kitts and Nevis
East Caribbean dollarXCD
Saint Lucia
East Caribbean dollarXCD
Saint Vincent and the Grenadines
East Caribbean dollarXCD
Singapore
Singapore dollarSGD
Solomon Islands
Solomon Islands dollarSBD
Suriname
Surinamese dollarSRD2004Surinamese guilder
Taiwan
New Taiwan dollarTWD1949
Trinidad and Tobago
Trinidad and Tobago dollarTTD
Tuvalu
Tuvaluan dollar along with the Australian dollarTVD / AUD
United States and its territories
United States dollarUSD1792Spanish dollar
colonial script
Zimbabwe
United States dollarUSD Zimbabwean dollar

Note: All Countries Dollar exchange rate, 21 December 2016.

Nageshwar Das

Nageshwar Das, BBA graduation with Finance and Marketing specialization, and CEO, Web Developer, & Admin in ilearnlot.com.

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