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United States Dollar Facts

Official currency of the US

  • The US Dollar (US$) is the official currency of the United States.
  • It the most used currency in international transactions and is one of the world's dominant reserve currencies.
  • The pure silver dollar is known as the American Silver Eagle.
  • USD notes are made from cotton fiber paper, unlike most common paper, which is made of wood fiber.
  • U.S. coins are produced by the United States Mint.
  • U.S. dollar banknotes are printed by the Bureau of Engraving and Printing.
  • Since 1914, the notes are issued by the Federal Reserve.
  • The first United States dollar was minted in 1794 and is known as the Flowing Hair Dollar.
  • The $1 U.S. Presidential dollar coin was introduced in February 2007.
  • From 1774 through 2009 the U.S. dollar has lost about 96.4% of its buying power.
  • US government maintains over 800 billion US dollars in cash money in circulation.
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