From Thaler to Dollar: The Origin of the World’s Most Powerful Currency
The US dollar is the most widely used currency in the world, unofficially holding a position similar to gold because, according to the International Monetary Fund, 62% of the world’s financial reserves are held in this currency. In about 31 countries around the world, either the US dollar is the official currency or the official currency in these countries is also called the dollar, while the value of the currencies of another 66 countries is linked to the US dollar.