The US dollar is a symbol of hegemony, the economic and political power. The first influence on the global economy is the US dollar. The word “dollar” comes from a German silver coin in the fifteenth century AD that was called Akhmastela, and the Germans shortened it to followed. Then the Dutch pronounced it states and then the British called it all currencies. Minerals, and with the English settlement of North America they brought with them countries that with time became dollars.

When a number of English settlements gained independence, the northern settlements turned into the dollar, and before the English settlement, the dominant currency was the Spanish real, except for one settlement. It was the first to adopt the foreign dollar as a currency for trading eleven years before independence, and in 1776, America acquired Its independence, but Spanish reals, had flooded the market through national mints.

The matter was a path of wide controversy by the founders of the American state until it was agreed to choose the dollar as the currency of the American country in the year 1785 AD, and the use of silver, gold and copper dollars continued until the paper was printed in 1861 AD, coinciding with the American Civil War, and then the World War The first was panic corruption and a silver dollar was minted in 1921.

Despite the war, the United States of America was a fertile land for investment, and this made it the owner of the largest amount of gold in the world and became a creditor to many, then the famous protective dollar that bears the face of George Washington appeared for the first time in 1929 AD and was issued in parallel with the silver or metal dollar, and then The worst economic problem in history known as the Great Depression, which severely affected the American economy until the late 1930s, 13 million Americans lose their jobs and the US dollar loses its value and getting the dollar is very difficult.

Then came the Second World War, and this made it one of the contributing factors to the rise of the American currency, and the International Monetary Fund was established after the Bretton Woods Agreement in 1944 AD. Since that time, gold has been linked to the dollar, and the rest of the world had to settle their transactions with it, in order to get the gold owned by the American states.

Although the dollar is one of the strongest currencies, but it has been subjected throughout its long history to a number of shocks, the most important of which is the Vietnam War, which forced America to disintegrate by committing to linking the dollar to gold, and the second shock came with the October War in 1973 AD. The Arab countries are uniting to prevent the export of oil to the West, and the price of the dollar is rising on the black market.

At the beginning of the new millennium, the dollar experienced a number of declines against the major currencies of the industrialized countries and reached their lowest levels in July of the year 2000 AD, and unemployment rates rose, but it remains on the throne of the world’s currencies even when.