United States dollar

United States dollar
ISO 4217
CodeUSD (numeric: 840)
Subunit0.01
Units of account
Base unitdollar
Pluraldollars
Symbol$‎
Nickname
List
Subunit
 1⁄100cent
 1⁄10dime
(not a unit in practice)
 1⁄1000mill
(accounting only)
Plural
 centcents
 millmills
Symbol
 cent¢
 mill₥
Denominations
Banknotes
 Freq. used$1, $5, $10, $20, $50, $100
 Rarely used$2
Discontinued, but still legal tender: $500, $1,000, $5,000, $10,000
Coins
 Freq. used1¢ (penny); 5¢ (nickel), 10¢ (dime), 25¢ (quarter)
 Rarely used50¢ (half dollar), $1
Discontinued, but still legal tender: 1⁄2¢, 2¢, 3¢, 20¢, $2.50, $3, $5, $10, $20
Demographics
Date of introductionApril 2, 1792 (1792-04-02)
ReplacedContinental currency
Various foreign currencies, including:
British sterling
Spanish dollar
User(s)See § Official users (19), § Unofficial users (8)
Issuance
Central bankFederal Reserve
 Websitefederalreserve.gov
PrinterBureau of Engraving and Printing
 Websitebep.gov
MintUnited States Mint
 Websiteusmint.gov
Valuation
Inflation3.4% or 3.7%
 SourceBLS (August 2026) or BEA (July 2026)
 MethodCPI or PCE
Pegged bySee § Pegged currencies

The United States dollar (symbol: $; currency code: USD) is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents (symbol: ¢). U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.

The U.S. dollar was originally defined under a bimetallic standard of 371.25 grains (24.057 g) (0.7734375 troy ounces) fine silver or, from 1834, 23.22 grains (1.505 g) fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War, and displaced British sterling as the world's primary reserve currency by the Bretton Woods Agreement towards the end of the Second World War. The dollar is the most widely used currency in international transactions, and a free-floating currency. It is also the official currency in several countries and the de facto currency in many others, with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation.

The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. As of February 10, 2021, physical currency in circulation amounted to US$2.10 trillion, $2.05 trillion of which is in Federal Reserve Notes (the remaining $50 billion is in the form of coins and older-style United States Notes). As of January 1, 2025, the Federal Reserve estimated that the total amount of currency in circulation was approximately US$2.37 trillion.