The dollar is the official currency of the United States. Dollar banknotes in circulation are all versions of banknotes issued since 1929. 1792 appeared after the passage of the American mint act. It is also widely used as a reserve currency outside the United States. At present, the issuance of US dollars is controlled by the Federal Reserve system.
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There are many theories about the origin of this dollar symbol, two of which are more common. One view is that this symbol is formed by putting a narrow U on a wide S, so it represents the American dollar symbol. Another way of saying it is that it is the evolution of PS superposition writing.
PS is the abbreviation of peso, which is a round coin from 18 to 19 century in the United States. This kind of coin has been used all over the country since 1974 was formally established as a mint in the United States. Later, the American government recognized the symbol $ as the unit of the new currency, that is, one dollar. When writing, $ should be placed before the number. For example, $ 1 should be written as $ 1, and 50 should be written as $50.