The origin of dollar

The origin sale Water Slide of the almighty dollar is in what is now the Czech Republic. In 1519, a silver mine near the town of Joachimstal (literally "Joachim's valley," from the German Tal, meaning valley) began minting a silver coin called, unimaginatively, the Joachimstaler. The coin, which was circulated widely, became better known by its clipped form, the taler. In Dutch and Low German, the initial consonant softened to become daler. English adopted this form, eventually changing its spelling to the modern dollar. In the buy Inflatable Arches American colonies, there was no standard currency. The coin that was in widest use was the Spanish Peso, known also as "Pieces of Eight" because it could be divided into eight pie-like pieces. The English colonists informally assigned the name dollar to this coin. In 1785, when the Continental Congress established U.S. currency, they adopted dollar as name for the standard unit of currency, at the suggestion of Governeur Morris and Thomas Jefferson, because the term was widely known and was not associated with any form of official English currency. (Jefferson also coined the term disme, from the French dixieme, for a tenth of a dollar. Pronounced deem, it eventually became dime.)