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USD | United States Dollar | OANDA Data Services Login FAQs Partners This site requires JavaScript. Please enable JavaScript within your Browser content settings to have full access to site features. Currencies Facts Major Currencies US Dollar US Dollar Currency USD Overview The United States dollar is one of the most widely utilized currencies around the globe, both as an official currency and for international trade outside US borders. The dollar is divided into 100 units called pennies or cents. Economy The United States of America has a mixed capitalist economy, which is fueled by abundant natural resources, a well-developed infrastructure, and high productivity. According to the International Monetary Fund, the U.S. GDP of $15 trillion constitutes 23% of global GDP to exchange rates and market more than 20% of global GDP in purchasing power parity. Although larger than any other nation, its GDP is 5% smaller than the GDP of the European Union in purchasing power parity in 2008. The country ranks ninth in the world in nominal GDP per capita and sixth in GDP per capita in PPP. The United States dollar is the main global reserve currency. History The first dollar coin issued by the United States Mint was similar in size and composition to the Spanish dollar. The Spanish dollar remained legal until 1857. The United States dollar was defined by the Coinage Act of 1792. The lion dollar was popular in the Dutch New Netherlands Colony (New York), but also circulated throughout the English colonies during the 17th century and 18th centuries. Examples of this dollar circulating in the colonies were usually used so that the design was not fully distinguishable, so it is sometimes referred to as “dog dollars”. The early currency did not display faces of the presidents, as it does now. George Washington did not want his face to be on the currency. United States dollar (USD) profile Symbols $ Nicknames buck, greenback ISO 4217 code USD Central bank Federal Reserve Currency subunits Cent = 1/100 Denominations Bills: $1, $2, $5, $10, $20, $50, $100 Coins: 1¢, 5¢, 10¢, 25¢, 50¢, $1 Countries using this currency United States American Samoa (US territory) Guam (US territory) Northern Mariana Islands (US territory) Puerto Rico (US territory) US Virgin Islands (US territory) US Minor Outlying Islands (US territory) British Virgin Islands (UK territory) British Indian Ocean Territory (UK territory) Turks and Caicos Islands (UK territory) Caribbean Netherlands (Dutch territory) East Timor Ecuador El Salvador Marshall Islands Palau Panama The Bahamas Zimbabwe Currencies pegged to USD Aruban florin Bahamian dollar Bahraini dinar Barbadian dollar Belize dollar Bermudian dollar Cayman Islands dollar Cuban Convertible Peso Djiboutian franc East Caribbean dollar Salvadoran colon Eritrean nakfa Hong Kong dollar Jordanian dinar Kuwaiti dinar Lebanese pound Antillean guilder Omani rial Panamanian balboa Qatari riyal Saudi riyal United Arab Emirates dirham Venezuelan bolívar USD is pegged to None Looking for the Currency Converter? Convert now Historical rates Popular Conversions 1 USD to CHF 1 USD to JPY 1 USD to CNY 1 USD to EUR 1 USD to GBP 1 USD to HKD 1 USD to AUD 1 USD to NZD 1 USD to CAD 1 USD to SEK Ready to send money? Send money Corporate FX Payments arrow_upward