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If the cent symbol is the letter “c” why isn’t the dollar symbol a “d” instead of “s”?

User Shwetal
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Answer:

Step-by-step explanation:

The origins of currency symbols are not always clear, but there are some theories about why the dollar symbol ($) uses an "S" instead of a "D":

Spanish currency - One theory suggests that the dollar sign is derived from the Spanish currency known as the "peso". In the 18th century, the Spanish peso was often used in North America and was abbreviated as "Ps" or "P". Over time, the "P" and the "s" were written on top of each other, leading to the creation of the dollar sign "$".

American currency - Another theory suggests that the dollar sign was created in the United States in the late 1700s, during the American Revolution. The US dollar was originally represented by the letters "US" written or printed on currency notes. Over time, the letters were written on top of each other, eventually forming the "$" symbol.

German currency - A third theory suggests that the dollar sign originated from the German currency known as the "Thaler". The Thaler was abbreviated as "T" and "h" written on top of each other, and over time the "h" was simplified into an "S", leading to the creation of the "$" symbol.

In any case, it is clear that the dollar symbol has its roots in historical currency abbreviations, and the use of an "S" instead of a "D" is likely due to the specific history and evolution of the symbol's development.

User Ahmadou
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