Main features of 1. USD cash

Currency name: USD.

Issuer: Federal Reserve Bank of America.

Currency symbol: dollar auxiliary currency carry: 1 dollar = 100 cent.

Banknote denomination: 1, 2,5,/kloc-0,20,50, 100 Yuan. 500 yuan and 1000 yuan were issued in the past, but they are no longer in circulation. There are 1 minute, 5 points, 10 points, 25 points, 50 points, etc.

Starting from 19 13, the United States established a federal reserve system and issued federal reserve bonds. More than 99% of the banknotes in circulation are federal reserve notes. The right to issue US dollars belongs to the US Treasury, and the competent department is the Treasury. The specific issuance business is handled by the Federal Reserve Bank. The dollar is the basic currency in foreign exchange, the main currency in international payment and foreign exchange transactions, and occupies a very important position in the international foreign exchange market.

The dollar is also known as the "green back"

The earliest paper money in the United States was issued with the approval of the continental congress, the joint regime of 13 colonies, and was called "continental currency". 1863, the Ministry of Finance was authorized to start issuing paper money with a green back, which has been used ever since. ?

The dollar index shows that

Surprisingly, the US dollar index is not from CBOT or CME, but from new york Cotton Exchange (NYCE). New york Cotton Exchange was founded in 1870, which was originally composed of a group of cotton merchants and middlemen. At present, it is the oldest commodity exchange in new york and the most important cotton futures and options exchange in the world. 1985, new york cotton exchange established the finance department, and officially entered the global financial commodity market. The first is the US dollar index futures. The calculation principle of dollar index futures is based on the trade volume between major countries in the world and the United States, with 100 as the dividing line, and the overall strength of the dollar is calculated in a weighted way. A * * * takes 10 countries as the calculation object, mainly euros, Japanese yen, Swiss francs and pounds.