Currency Overview

Currency NameUnited States Dollar
Symbol$
CodeUSD
Issuing AuthorityFederal Reserve System
Used InUnited States

Brief History

The US Dollar was established by the Coinage Act of 1792. It became the world's primary reserve currency after the Bretton Woods Agreement of 1944. Today, the USD is the most traded currency globally and is used as a benchmark for commodities pricing worldwide.

Global Role

The USD is the world's primary reserve currency, used in over 88% of international trade transactions. It serves as the benchmark for global commodity pricing including oil and gold.

Live Exchange Rates

USD against major world currencies

Currency Comparison

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USD vs EUR
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USD vs GBP

Common Use Cases

Cross-border paymentsInternational remittanceOnline shoppingSalary settlementTravel expensesInvestment and trading

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Frequently Asked Questions about USD

USD stands for United States Dollar, the official currency of the United States of America. It is the most widely used currency in international transactions and is the world's primary reserve currency.

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