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Why do multiple countries share "Dollar" as the same currency name? (piefed.social)
submitted 6 months ago by to c/asklemmy@lemmy.ml
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[โ€“] 17 points 6 months ago

https://youtu.be/5Bf4ll1vuWw

The whole story is here. RobWords literally just did a video on it.

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    [โ€“] 5 points 6 months ago (1 child)

    Colonialism, "$" is a derivative of the shorthand for peso which was the name for the Spanish dollar. So all the locals were calling their money a dollar before the actual "dollar" currencies became a thing.

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