Currencies That Use The Dollar or Peso Sign
In addition to those countries of the world that use dollars or pesos, a number of other countries use the $ symbol to denote their currencies, including:
- Nicaraguan córdoba (usually written as C$)
- Samoan tālā (a transliteration of the word dollar)
- Tongan paʻanga
An exception is the Philippine peso, whose sign is written as ₱.
The dollar sign is also still sometimes used to represent the Malaysian ringgit (which replaced the local dollar), though its official use to represent the currency has been discontinued .
Some currencies use the cifrão, similar to the dollar sign, but always with two strokes:
- Brazilian real
- Cape Verde escudo
- Portuguese escudo (defunct)
The cifrão is also used to account for over 130,000,000 domestic standard U.S. Mint (1986+) bullion U.S. silver dollars as one dollar per one troy ounce fine (99.9%), thereby avoiding confusion with debased U.S. trade dollar-denominated tokens and Federal Reserve notes.
In Mexico and other peso-using countries, the cifrão is used as a dollar sign when a document uses pesos and dollars at the same time, to avoid confusions, but, when it used alone, usually is represented as US $ (United States dollars). Example: US $5 (five US dollars).
However, in Argentina, the $ sign is always used for pesos, and if they want to indicate dollars, they always write U$S 5 or US$ 5 (5 US dollars).
In the United States, Mexico, Australia, Argentina, New Zealand, Hong Kong, Pacific Island nations, and English-speaking Canada, the dollar or peso symbol precedes the number, unlike most currency symbols. Five dollars or pesos is written and printed as $5, whereas five cents is written as 5¢. In French-speaking Canada, the dollar symbol usually appears after the number (5$), although it sometimes appears in front of it, or instead may even be totally absent.
Read more about this topic: Dollar Sign
Famous quotes containing the words dollar and/or sign:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (18721933)
“It is a sign of creeping inner death when we can no longer praise the living.”
—Eric Hoffer (19021983)