The dollar is the official currency of the United States. At present, the US dollar banknotes in circulation are all the banknotes issued since 1929. 1792 appeared after the passage of the American mint act. It is also widely used as a reserve currency outside the United States.
At present, the issuance of US dollars is controlled by the Federal Reserve system. Starting from 19 13, the United States established a federal reserve system and issued federal reserve bonds. More than 99% of the banknotes in circulation are federal reserve notes. The competent department for issuing US dollars is Congress, and the Federal Reserve Bank is responsible for the specific issuance business.
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At present, the denominations of US dollar currency still in issue are: 1 cent, 5 cents, 1 cent, 25 cents, 50 cents and1dollar coins; 1 USD, 2 USD, 5 USD,1USD, 20 USD, 50 USD and 100 USD notes.
Historically, the United States also issued large bills of $200, $500, 1 000, $2000, $5000 and 1 000, but stopped issuing them in the 1940s and decided not to issue bills with denominations greater than 1 000 in the future.
A large number of issued currencies have not been invalidated and can participate in market circulation. But these banknotes have become collectibles, and the market price far exceeds their face value, so no one will take them out as money.
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Baidu encyclopedia? dollar