How many cents in a dollar? Different countries and commemorative coins

Table of contents:

How many cents in a dollar? Different countries and commemorative coins
How many cents in a dollar? Different countries and commemorative coins
Anonim
how many cents in a dollar
how many cents in a dollar

US dollar is the national currency of America. A cent is a small coin made of base metal. Drawing an analogy with the Russian currency, we can say that the dollar is the ruble, the cent is a penny. The US currency is the world's main means of payment. How many cents are in the dollar, what is the history of its appearance, what is "gold money" - read in this article.

What are they?

In the United States of America, cents are used, which are made of brass, zinc and nickel-copper alloy. Sometimes additives and additives are used. Cents are made in denominations of 5, 10, 20, 50, in addition, there is also a coin of 1 dollar.

Gold Money

In addition to simple coins, there is also money that is made from valuable and expensive materials, as well as old and collectible. Of course, the price of such coins greatly exceeds their face value. They can cost tens or even hundreds of thousands of dollars. In this case, how many cents are in the dollar no longer matters, because such coins are usually found in collectors and numismatists.

in dollar cents
in dollar cents

Origin of the cent

The term "cent" comes from the Latin centum. It denotes the numeral - 100. In fact, in states where American money is used, the cent is denoted by a single letter "c". Dollar sign - $. Specifically, in the USA, as, in general, in Canada, a coin with a face value of one cent is referred to as a "penny". And such a designation went from English money.

How many cents in a dollar

One hundred cents in one dollar. This correspondence arose after the adoption by the Government of the United States of America in 1792 of the law on the manufacture of coins. Thus, the question of how many cents are in the dollar can be answered: "one hundred".

Different countries - different rates?

How many cents are there in a dollar used in China? Maybe someone will find this question strange. The monetary unit of the People's Republic of China is the yuan. But the peculiarity is that Taiwan has recently joined China. And there the national currency is the Taiwanese dollar, but it also has 100 cents.

1 dollar: how many cents does it include in Grenada, Dominica, Saint Lucia, Nevis and the Caribbean

The difference between these coins is only in their appearance and alloy material. Here, there are 100 cents in 1 dollar, just like in the United States of America.

Canada and other countries

1 dollar how many cents
1 dollar how many cents

These monetary units: dollar and cent are also used in New Zealand, Canada, Jamaica, Australia, Hong Kong and Fiji. But the exchange rate in these countries is different, unlike the United States. But the peculiarity is that how many cents are in the dollar does not depend on the state in which this monetary unit is used. Only the exchange rate is relative.

Jubilee cent

This series of coins is dedicated to the birthday of the greatest historical figure in the United States - Abraham Lincoln. The anniversary issue is dedicated to the bicentennial of a respected person. These are 4 coins depicting the sixteenth president of America. In addition, the 4 major steps of Abraham Lincoln are displayed on all cents. Such coins appeared in 2009, but they are made of zinc and copper. Just like in regular releases - one hundred cents has 1 dollar.

How many cents are in collectible coins

In the US, limited edition collectible cents are often released. Their denomination is 1/100 of the dollar. Numismatists around the world buy these coins for a lot of money.

Recommended: