ZWD 20000000000 | Bank Note | Twenty Bn. Dollar | Kae Kae | CurrencyStackerKK | Zimbabwe | Africa
20000000000 Zimbabwe United States Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and its territories.
The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their historically predominantly green colour.
The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation’s central bank.
The U.S. dollar became an important international reserve currency after the First World War and displaced the pound sterling as the world’s primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War.
The dollar is the most widely used currency in international transactions. It is also the official currency in several countries and the de facto currency in many others, with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation.
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