USD / ZAR

The United States dollar is the official currency of the United States and its territories, issued by the United States Department of the Treasury and circulated by the Federal Reserve System. It is divided into 100 cents, and the symbol $ is recognized worldwide.

Beyond domestic use, the dollar serves as the world’s primary reserve currency, accounting for roughly 60 % of global foreign‑exchange reserves and underpinning a large share of international trade invoicing. Central banks and financial markets across the globe hold and trade dollars, making it a benchmark for commodity pricing such as oil and gold.

A quirky legacy of the dollar is its nickname “greenback,” derived from the green ink used on early paper notes. The Federal Reserve issues Federal Reserve Notes, while the Treasury produces coins; both feature iconic imagery like the portrait of George Washington on the $1 bill and the Statue of Liberty on the $100 note.