the us dollar left the gold standard in 1934.
when did the us dollar leave the gold standard?
1934
historically gold coinage was widely used as currency; when paper money was introduced, it typically was a receipt redeemable for gold coin or bullion. in a monetary system known as the gold standard, a certain weight of gold was given the name of a unit of currency. for a long period, the united states government set the value of the us dollar so that one troy ounce was equal to $20.67 ($0.665 per gram), but in 1934 the dollar was devalued to $35.00 per troy ounce ($0.889/g). by 1961, it was becoming hard to maintain this price, and a pool of us and european banks agreed to manipulate the market to prevent further currency devaluation against increased gold demand.
gold
section::::economies that use a dollar.









































section::::economies that use a dollar.:other territories that use a dollar.









































bullet::::- : east caribbean dollar









































bullet::::- : us dollar









































bullet::::- : us dollar (alongside the pound sterling)









































bullet::::- : canadian dollar (alongside the krone)









































bullet::::- : us dollar









































bullet::::- : east caribbean dollar









































bullet::::- : us dollar









































bullet::::- : canadian dollar (alongside the euro)









































bullet::::- : us dollar









































bullet::::- : us dollar









































section::::economies that use a dollar.:countries unofficially accepting a dollar.









































bullet::::- afghanistan: us dollar









































bullet::::- argentina: us dollar









































bullet::::- bolivia: us dollar









































bullet::::- cambodia: us dollar









































bullet::::- costa rica: us dollar
dollar