dollar coins did not have any dollar symbol. dollar, defining it to have "the value of a Spanish milled dollar as the same is now current" but a variety of foreign coins were deemed to be legal tender until the Coinage Act of 1857 ended this status. With the Coinage Act of 1792, the United States Congress created the U.S. Those coins provided the model for the currency that the United States adopted in 1792, and for the larger coins of the new Spanish American republics, such as the Mexican peso, Argentine peso, Peruvian real, and Bolivian sol coins. The symbol appears in business correspondence in the 1770s from Spanish America, the early independent U.S., British America and Britain, referring to the Spanish American peso, also known as " Spanish dollar" or "piece of eight" in British America. History Use for the Spanish American peso in the late 1700s
In most English-speaking countries that use that symbol, it is placed to the left of the amount specified, e.g. The Unicode computer encoding standard defines a single code for both. The one- and two-stroke version are often considered mere stylistic ( typeface) variants, although in some places and epochs one of them may have been specifically assigned, by law or custom, to a specific currency. In countries that have other currency signs, the US dollar is often assumed and the "US" prefix omitted. The sign is also used in several compound currency symbols, such as the Brazilian real (R$) and the United States dollar (US$): in local use, the nationality prefix is usually omitted. The explicitly double-barred sign is called cifrão in Portuguese. The dollar sign, also known as peso sign, is a symbol consisting of a capital " S" crossed with one or two vertical strokes ( $ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated " peso" and " dollar".
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