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Why is the Dollar Called the 'Dollar'?
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A short explanation of the origin of the word Dollar that answers the question: Why is the Dollar Called the "Dollar"?
Transcript:
Why is the dollar called the dollar?
The word comes from the German word 'Thaler'
Which was the name of a silver coin used in Europe and the British colonies in America.
When the US became independent, it adopted it as its official currency, replacing the British pound.
Tags:
#illustratedfinance #finance #money #education #economics #dollar #usa #history #us #currency #facts #fact #interesting #interestingfacts #amazingfacts
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Transcript:
Why is the dollar called the dollar?
The word comes from the German word 'Thaler'
Which was the name of a silver coin used in Europe and the British colonies in America.
When the US became independent, it adopted it as its official currency, replacing the British pound.
Tags:
#illustratedfinance #finance #money #education #economics #dollar #usa #history #us #currency #facts #fact #interesting #interestingfacts #amazingfacts
Thanks for watching!
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