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Why a Dollar is Called a âBuckâ. As with many etymologies, the exact root of this word is difficult to say with one hundred percent certainty. However, the leading theory is extremely plausible and backed up by a fair bit of documented evidence. Specifically, it is thought that a dollar is called a âbuckâ thanks to deer. One of the earliest references of this was in 1748, about 44 years before the first U.S. dollar was minted, where there is a reference to the exchange rate for a cask of whiskey traded to Native Americans being â5 bucksâ, referring to deerskins. At this time, a buck skin was a common medium of exchange.
The United States dollar, or the American dollar, is the official currency, or money, of the United States of America. When writing, the symbol for the American dollar is the dollar sign ($). Dollars can also be known as USD (U.S. Dollar). Front of a US dollar bill. The American one dollar bill has a picture of George Washington. There are paper bills that are worth 1, 2, 5, 10, 20, 50, and 100 dollars. One of the unique things about the U.S dollar system is that all of the notes are the same size. This is the only country in the world to have this type of system. In others the size of the note goes up as the value does.