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Monday 11 June 2012

The Origin of the Dollar !

The origin of the word 'DOLLAR' is mostly ignored by most people in the United States and also in the whole wide world, but here is the source from which it originated. There is a place called Joachimsthal in Bohemia where too much silver was found and eventually they built a mint there and the coins they minted were called Joachimsthaler which they later shortened to 'Thaler' and due to language interference as time went by it turned out to be 'Dollar' and by this time it was in coins that were made of Sterling silver which was 9/10 silver and 1/10 copper. So, in conclusion this is how the word 'DOLLAR' was derived and later in subsequent periods of administration the currency went on to change up to Banknotes and the different denominations that you now see.A wise person's knowledge and ideas are like a river that never runs dry, ever flowing with good advice.Please some 'Dollars' are also here for you to try out [] SocialTwist Tell-a-Friend

2 comments:

  1. -That is interesting to know and if you could add the currency value against the Pound that would be more interesting. Please , tell us more about the Euro.

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  2. My love for the Dollar has made me give it more respect.

    ReplyDelete