What is a “DOLLAR”?

May 15th, 2014, by Cynthia Fish

Did you ever wonder where the word “DOLLAR” comes from? It’s actually much older than the currency itself.

It derives from the German word “Joachimsthaler,” a silver coin first minted in the early 16th century. “Joachimsthal”
was the town (in the contemporary Czech Republic) in which the silver was mined, and “thaler” refers to something
“from the valley.”

In the late 18th century, the shortened, Anglicized form, “dollar,” was adopted as the name of the US currency unit
we know today.

dollarpost copy

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