- Monetary unit:
- the Country code:
- United States of America, the USA
- US dollar
- of 9 631 420 sq. km
- English (state)
- US (USA) 840
Monetary unit of the United States of America is the dollar ( $ ) which is equal 100 cents. Now in the cash circulation there are denominations
Of denomination of 1, 2, 5, 10, 20, 50, 100, 500, 1000, 5000 and 10 000 dollars, numismatical cost of notes
The last 3 dignities there is more nominal value. Also 100 000 dollar note is manufactured,
Used only for internal accounts a Fed and exchequers.
In a civil war (1861-1865) exchange of paper moneys on gold and silver has been terminated. At this time the exchequer has started for the first time issue of unchangeable paper money - of exchequer notes ("greenbacks") which served as the important source of finance of war. Excessive issue of "greenbacks" has led to their sharp depreciation - to 38-39 cents silver for 1 paper dollar. Till 1863 its decentralisation was characteristic feature of monetary issue. With creation of the national banks, subordinated to the federal legislation, the right of emission has passed to these banks. Since 1873 the silver free coinage has been cancelled, and as monetary unit the gold dollar has been accepted. In 1900 the dollar gold content has been fixed in 1,50463 g of pure gold (20,67 dollars for pure gold ounce). Along with gold dollar a role of a lawful legal tender continued to execute and silver dollar (371,25 grains of silver).
The world economic crisis has led 1929-1933 to failure of the USA of a gold standard. On April, 5th, 1933 the order of the US president about delivery by private persons of gold in banks has been published. Since April, 19th 1933 on January, 31st, 1934 the US dollar had no solid gold content (gold export has been forbidden). Under the law from April, 12th, 1945 of norm of a gold backing of notes and obligatory bank reserves in a Fed have decreased to 25 %. On February, 28th, 1965 gold maintenance of bank reserves, and on March, 18th, 1968 - a gold backing of notes is cancelled.
On modern notes there is plotting of various known figures of the country. So, a 100-dollar denomination
Decorates Benjamin Franklina's portrait, 20-dollar - Andrew Jackson, 10-dollar - Alexander Gamiltona,
5-dollar - Avraam Linkolna, 2-dollar - Thomas Dzhefersona, on a 1-dollar denomination the portrait is possessed
The first US president George Vashingtona.
On the back notes of US dollars there is the plotting opening the historical past of the USA. On
To denomination in 2 dollars - a scene of signing of the Declaration of Independence, in 5 dollars - the Lincoln Memorial, in 10
Dollars - a building of the Treasury Department of the US, in 20 dollars - the White House, in 50 dollars - the Capitol, in 100
Dollars - Independence the Hall. On the note in nominal value in 1 dollar is " the Big Seal USA" it
Includes two drawings: on the right side - the white-headed eagle covered with a board, the board is coloured in colours
National flag from 13 strips, in one paw the eagle keeps an olive branch (a world symbol), on which
There are 13 berries and 13 leaves (that means 13 colonies which are a part of the USA), in the second - 13 arrows
(A war symbol), over an eagle 13 stars in the form of David's star are represented. The head of an eagle is directed aside
Olive branch that symbolises aspiration of the USA to the world. The board top symbolises the legislative
Bodies, head of an eagle - executive. Over a head of an eagle the tape with the Latin text, which is possessed in
Transfer means " Unity".
Throughout all time of issue the American dollars were protected from fakes. A paper, which
It is used for manufacturing of denominations, it is manufactured only by one organisation which has no right to sell
To its other countries. The formula of manufacturing of ink, the Office of the USA on an engraving and a seal knows only.
In 1990 in the country have started to manufacture denominations which had additional protection in the form of microseales and
Protective threads. Further since 1996, on denominations there were even more protection well-tried remedies. Since 2003, the Federal Reserve System has presented a new series of notes, opening the plotting of the state symbols of freedom. New 20 dollars have been manufactured for the first time on October, 9th, 2003, 50 dollars - on September, 28th, 2004, 10 dollars - on March, 2nd, 2006, 5 dollars - on March, 13th, 2008. Introduction of new 100 dollars was repeatedly postponed, but them, at last, have entered into the circulation on April, 21st, 2010
Idea of creation of an inscription (In god we trust), possessed on the American currency,
Belongs to a Salmon to a Chase. For the first time it has been made on coins in nominal value 2 cents in 1864. On the paper
Money it has been put for the first time in 1957, and since 1963 is printed constantly. That fact that is interesting
The first 1-dollar denomination had the plotting of a Salmon of a Chase, instead of George Vashingtona.
It is updated 05.2012