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The East Caribbean dollar is pegged to the dollar at a fixed rate of 2.7:1, and is used by all of the countries and territories of the OECS other than the British Virgin Islands. In Lebanon , one dollar is equal to 15000 Lebanese pounds , and is used interchangeably with local currency as de facto legal tender. [ 22 ]
The symbol for most of those currencies is the dollar sign $; the same symbol is used by many countries using peso currencies. The name "dollar" originates from the "thaler" (from thal, German for valley) suffix in the name of a 29 g silver coin called the Joachimsthaler minted in Bohemia.
Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo
U.S. dollar, the official currency of the United States, the world's dominant reserve currency and the most traded currency globally. Euro , the currency used by the most countries and territories, the second-largest reserve currency and the second-most traded currency.
For a more exhaustive discussion of countries using the U.S. dollar as official or customary currency, or using currencies which are pegged to the U.S. dollar, see International use of the U.S. dollar#Dollarization and fixed exchange rates and Currency substitution#US dollar. Countries using the U.S. dollar as their official currency include:
De-dollarization — when countries shift away from the greenback as the currency for reserves, transactions and to measure value — has become a hot topic in recent years, with countries like ...
Countries that have made legal agreements with the EU to use the euro: Andorra, Monaco, San Marino, Vatican City Countries that unilaterally use the euro: Montenegro , Kosovo Currencies pegged to the euro: Cape Verdean escudo , CFA franc , CFP franc , Comorian franc , Bulgarian lev , Bosnia and Herzegovina convertible mark , São Tomé and ...
Many travelers are familiar with currency exchange rates and how that translates from dollar to yen, euro, or peso. But there's another metric that puts the relative strength of the dollar in ...