USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary reserve currency and the most widely used currency in international transactions.

The dollar is managed by the Federal Reserve and is used as the benchmark currency for commodities like oil and gold. Many countries peg their currencies to the USD or use it as legal tender alongside their national currency. Some dollarized economies use the Panamanian balboa (PAB), and the XDR basket includes USD. ISO 4217 reference: ISO currency code list.

Related Terms

EUR

Euro

EUR is the official currency of the Eurozone, used by 20 of the 27 European Union member states. It'...

GBP

British Pound Sterling

GBP is the official currency of the United Kingdom and its territories. It's one of the oldest curre...

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