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If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly. Forgot your password? Retrieve it. Abbreviation » Term. Term » Abbreviation. Word in Term. Term » Abbr. Filter by: Select category from list What does USD mean? Couldn't find the full form or full meaning of USD? Discuss these USD abbreviations with the community: 1 Comment. Notify me of new comments via email.
Anwar Haque. Like Reply Report 1 5 years ago. Like Reply Report 5 years ago. In and , the dollar was fully devalued against gold. In October , the definition of the dollar in terms of gold was officially removed from statute and the USD and gold no longer had any link. The reach of the U. Furthermore, the U. Virgin Islands. There is a continuous discussion on if the international role of the USD is becoming less important over time. The rise of the euro and China's increasing presence in the global economy all feed into this idea.
However, this remains to be fairly unsubstantiated and the strength of the dollar in international markets remains strong according to a variety of studies, particularly because of the stability of the U.
The currency is the most widely used in international transactions as well as the one considered to be the safest store of value. A small but perfect example of this is how the USD is accepted as a means of currency in many emerging market nations when the USD is by no means used as the currency in that nation. Many vendors or shops will gladly accept a U.
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Your Practice. Popular Courses. The United States dollar is the most-used currency in the world and has a rich and varied history. What is the pronunciation of dollar? Browse doll yourself up. Test your vocabulary with our fun image quizzes. Image credits. Word of the Day sweetheart.
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