Dollar FAQs:


Q: Is a dollar the official currency of East Timor, Ecuador, El Salvador, Federated States of Micronesia, Marshall Islands, Palau, the Caribbean Netherlands, U.S?

A: Yes, territories such as Puerto Rico, American Samoa and the United States Virgin Islands and for banknotes, Panama.

Q: Were dollars even legal tender in one colony?

A: Yes, and Virginia.

Q: Was a dollar valued at five shillings, the half crown became nicknamed a "half dollar" by U.S?

A: Yes, personnel in the UK.

Q: Was a dollar to contain half as much silver as a dollar?

A: Yes, and quarter-dollars would contain one-fourth as much, and so on.

Q: Is a dollar still remarkably close to the 17th century Dutch pronunciation of daler?

A: Yes.

Q: Is a dollar closely related to the dollars and euros used today?

A: Yes.

Q: Is a dollar divided into one hundred cents?

A: Yes.

Q: Was a dollar defined as a unit of pure silver weighing 371 4/16th grains , or 416 grains of standard silver?

A: Yes, It was specified that the "money of account" of the United States should be expressed in those same "dollars" or parts thereof.