Money of United States

 The currency of the United States is the United States dollar (USD). The dollar is the official currency of the United States and is widely accepted as a medium of exchange for goods and services within the country. It is also one of the world's dominant reserve currencies, meaning it is held in significant quantities by central banks and institutions globally.

The United States dollar is subdivided into cents, with coins available in denominations of 1 cent (penny), 5 cents (nickel), 10 cents (dime), 25 cents (quarter), and paper bills available in denominations of 1 dollar, 5 dollars, 10 dollars, 20 dollars, 50 dollars, and 100 dollars.

The U.S. dollar's design features iconic American symbols and historical figures. For example, the most common bill, the one-dollar bill, features a portrait of George Washington, the first President of the United States, on the front. Other bills depict various U.S. presidents, including Thomas Jefferson, Abraham Lincoln, Alexander Hamilton, and Benjamin Franklin.

The U.S. dollar is widely used for international transactions, and many countries accept U.S. dollars as a form of payment. Additionally, the U.S. dollar is often used as a benchmark currency for commodities, financial markets, and global trade.

The Federal Reserve System, commonly referred to as "The Fed," is the central banking system of the United States and has the authority to issue and regulate the U.S. dollar. The Federal Reserve determines monetary policy, including decisions on interest rates, to maintain stability and promote economic growth within the country.

Overall, the United States dollar serves as the primary form of currency within the United States and has global significance in international trade and finance.