Today dollar rate

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US Dollar(USD) Currency Exchange Rates This is the page of US Dollar(USD) Currency Exchange Rates. It shares two tables, one is the USD currency converts to the major currencies; the other is the USD currency converts to other currencies in which there are five options to select, also can click the corresponding link to go to the currency pairs page, or the currency pairs history page.

USD - US Dollar The US Dollar is the currency of United States. Our currency rankings show that the most popular US Dollar exchange rate is the USD to EUR rate. The currency code for Dollars is USD, and the currency symbol is $. Below, you'll find US Dollar rates and a currency converter. Select a currency The US central bank is called the Federal Reserve Bank (commonly referred to as "The Fed"). The USD is the most traded currency in the Importance of the US Dollar The US Dollar is the most commonly converted currency in the world and is regularly used as a benchmark in the Forex market. As the dominant global reserve currency, it is held by nearly every central bank in the world. Additionally, the Dollar is used as the standard currency in the commodity market and therefore has a direct impact on commodity prices. Dollarization of the USD Due to its international acceptance, some countries like Panama and Ecuador use the USD as an official legal tender, a practice known as dollarization. For other countries the Dollar is an accepted alternative form of payment, though not an official currency for the country. Multiple currencies are pegged to the US Dollar: Country Peg Rate 6.30000 Introduction of the US Dollar In 1785, the Dollar was officially adopted as the money unit of the United States. The Coinage Act of 1792 created the first U.S. Mint and established the federal monetary system, as well as set denominations for coins specified by their value in gold, silver, and...