Dollar

From Conservapedia - Reading time: 1 min

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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
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