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The word dollar is derived from German Taler (Thaler) - also a unit of currency. (The word had sometimes been used as a nickname for Spanish pieces of eight, which cirulated in the American colonies).

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17y ago
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14y ago

It is generally thought that "dollar" comes from the Low German "daler" which in turn comes from "taler" (or thaler). This in turn originated as "Joachimstaler" a large silver coin of varying value in the Germany.. American's used the word dollar for Spanish pieces of eight. On July 6, 1785, they officially adopted dollar when they set up U.S. currency.

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13y ago

I thinks its because its a "$" for the US, so its a United States $

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Q: Where did the word dollar come from?
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