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It was derived from an older currency called pieces of eight

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โˆ™ 2011-02-15 06:33:28
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Q: Where did the dollar sign come from?
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PEOPLE BELIEVED THAT THE DOLLAR SIGN CAME INTO USE FROM A DESIGN MARKED ON OLD SPANISH COINS CALLED PIECES OF EIGHT. THESE PEICES OF EIGHT WERE USED BY AMERICANS as dollars until they coined their own silver coins. one side of the piece of eight had 2 pillars stamped on it, with a ribbon curling on them. the dollar sign formed by the ribbon probably inspired the dollar sign