Dollar

Silver-backed U.S. five-Dollar bill

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[edit]

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

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Cent Value  |  100  |  50  |  25  |  10  |  5  |  1

## See also[edit]

* Australian dollar
* Canadian dollar
* Dollar (U.S.)

## External links[edit]

* "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