Difference between revisions of "Dollar"
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| − | ! Denomination !! | + | ! Denomination !! Dollar !! [[Half Dollar|Half-Dollar]] !! [[Quarter]] !! [[Dime]] !! [[Nickel]] !! [[Penny]] |
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| Cent Value || 100 || 50 || 25 || 10 || 5 || 1 | | Cent Value || 100 || 50 || 25 || 10 || 5 || 1 | ||
Latest revision as of 13:57, June 28, 2016
A Dollar is a basic unit of currency in several countries. This currency was originally based on precious metals, but is no longer so. For this reason it is now known as a fiat currency.
Cents
For precise payments, dollars are broken down into cents. One dollar is equivalent to 100 cents, so one cent is 1% of a dollar. For further simplification, coins valuing multiple cents are also available, so that paying with literal handfuls of pennies is not necessary.
| Denomination | Dollar | Half-Dollar | Quarter | Dime | Nickel | Penny |
|---|---|---|---|---|---|---|
| Cent Value | 100 | 50 | 25 | 10 | 5 | 1 |
See also
External links
- "Purchasing Power of Money in the United States from 1774 to 2008", translates the value of a dollar in one year to the value today or any year
- History of the Dollar Bill