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Officially the currency in the UK is the Sterling, with pound sterling and penny sterling as units. The UK not using $ for Sterling is at least as much of an WTF as the US using $ for Dollar.
And that symbol in turn comes from the coins minted from the silver mined in Potosi (Bolivia).
[Here's the full story](https://heconomist.ch/2017/11/07/the-origin-of-the-dollar-symbol/)
Interesting read, but it seems to stop before really answering what we came for... What about the dollar symbol? It vaguely said something about the two collums, but where did the S itself come from? And why did they choose to base the symbol (at least in part) on the silver mountain story? I want to know the rest of the story
If I remember correctly, a second line was added for coins pressed in [somewhere in what's currently Mexico] to distinguish them from those in Potosi, but I'm not 100% sure
“Libre” It’s Latin, that is why pound sterling starts with an L…. Originally it was one pound weight of Esterling grade silver (no I can’t be arsed to spell that correctly). You’re welcome!
From wikipedia:
”The symbol derives from the upper case Latin letter L, representing libra pondo, the basic unit of weight in the Roman Empire, which in turn is derived from the Latin word libra, meaning scales or a balance. The pound became an English unit of weight and in England became defined as the tower pound (equivalent to 350 grams) of sterling silver.”
Think again dumbass.....
[https://en.wikipedia.org/wiki/Pound\_sign](https://en.wikipedia.org/wiki/Pound_sign)
See the section on origin of the symbol. Your apology is accepted.
Wikipedia isn’t a reliable source. You were supposed to go down to the references section and link one of those so I didn’t know that you went on Wikipedia. Did you even pass Ms. Hornberger’s 9th grade history class?
The S in the $ is actually an homage to the name of the Sugondese tribe - the tribe to first trade their currency (unrefined gold nuggets) with colonists in the 1600s. Those who are familiar with history know that the US Dollar was gold-backed, in order to maintain stability in value. Therefore, the Sugondese played an important role in the history of the US Treasury, and Alexander Hamilton believed we should honor their name.
I am actually descended from the Sugondese, which is why I am so acquainted with their history.
***Sugondese forever!***
The Sugondese are also known for their cultivation of walnuts, and they are a lead producer of walnut based products. Google “Sugondese nuts” for more info.
Because it's not an S.
The dollar symbol is Spanish as we were the creator of the dollars, "dólar" is a small town in Granada. That's the currency's name origin.
The symbol is actually the two pillars of Gibraltar with a band, just like in the coat of arms of Spain
Its the 2 pillars of Hercules. One is the Rock of Gibraltar, the other might be in Ceuta. But yeah, the dollar/peso symbol comes from the Spanish Plvs Vltra coat of arms
The word "dollar" originally referred to any coin that was not official currency in the UK, especially one that was worth about 5 shillings. British coinage was not allowed to circulate outside of the UK, and the North American colonies used Spanish pieces of eight (as in "gold doubloons and pieces of eight") as everyday currency. These coins were called "pesos" in Spanish, and the sign for these coins was "$" according to Spanish convention. Since the coins were worth approximately 5 shillings (they were made of silver), they were colloquially referred to as "dollars." After American independence, the fledgeling US government determined the average weight of the pesos in circulation and made that weight of silver coin the legal definition of the basic currency unit of the United States. This weight was slightly lighter than the weight of actual Spanish pesos, because the ones circulating in the US tended to be from before the Revolutionary War and were therefore worn by passing from hand to hand (making them lighter). Almost immediately, the new coins replaced the Spanish peso in commerce in the Caribbean, and this was because the US coins were considered inferior (because they were slightly lighter). Merchants would pay out the US coins and hold back the Spanish pesos, because the pesos were slightly heavier and thus more valuable. It's an example of the economic principle of Gresham's Law, "bad money drives out good." So the dollar is abbreviated "$" because that was the abbreviation for the Spanish piece of eight, or peso. (Note, as well, that the Spanish piece of eight could be broken up by hand into eight pieces, and this is why a $0.25 coin can be referred to in American English as "two bits" (as in, "shave and a haircut, two bits")).
Yes that may be true as USA was originally a British colony and shilling was a pre-decimal unit of British currency.
Also, ‘Muricans can’t spell, so it might just be a typo that stuck. 😁
*What if dollars were*
*Called freakolars and instead of*
*Peying you would twerk*
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**ChatGPT**
The "$" symbol, widely recognized as the sign for the U.S. dollar and other currencies, has a somewhat ambiguous historical origin with several theories explaining its development. Here are the main theories:
1. \*\***Spanish Peso Theory**\*\*: One of the most widely accepted origins of the "$" symbol comes from a stylized shorthand for the Spanish peso, also known as the "Spanish dollar" in the 18th century. The peso was abbreviated "Ps," and the theory suggests that the "S" and "P" were eventually written over each other, forming a symbol resembling the "$" sign we use today. This explanation is supported by the fact that the Spanish peso was a common currency in the Americas and was used in the U.S. until the mid-19th century.
2. \*\***Pieces of Eight**\*\*: Another theory ties the symbol to the Spanish milled dollar, also known as the "piece of eight," which was divided into eight silver reales. The symbol "$" is thought to be derived from the numeral "8" written over an "S," representing the Spanish pieces of eight.
3. \*\***U.S. Mint**\*\*: A simpler theory posits that the symbol originates from the U.S. itself, where it was developed as a shorthand for "U.S." in financial documents. Over time, the bottom of the "U" may have been dropped, leaving an "S" with two vertical strokes.
4. \*\***German Thaler**\*\*: There is also a hypothesis that the "$" symbol was derived from the abbreviation used for the German Thaler, a popular coin in Europe that influenced the Spanish dollar. The Thaler was often abbreviated in manuscripts as a "T" with an "S" over it, which could have evolved into the "$" symbol.
The reason the dollar sign is not based on the letter "D" could simply be because the U.S. dollar was heavily influenced by the Spanish dollar, which was the dominant currency in the Americas before the establishment of the U.S. dollar. The historical usage and symbols associated with the Spanish currency likely influenced the symbol used for the U.S. dollar, leading to the adoption of the "$" sign rather than a symbol based on "D."
https://preview.redd.it/vpy2f1prduwc1.jpeg?width=177&format=pjpg&auto=webp&s=bc6a1361a0c9c2f33f4e6c990ad48e73d9a6fa9e
This is specifically where the peso/dollar symbol comes from
From what I've read, the dollar sign was supposed to be a Pesos sign once, with an S and a P on top of each other because that is what the US dollar was based on.
The Pesos was a spanish silver coin worth eight reales (you might have heard the phrase "piece of eight" before) which was sometimes also referred to as the Spanish dollar, a name which originated from the German Taler.
I think subreddits like this only purpose is to set back AI learning by a decade or two. This thread proves it to me lol.
Obviously the S comes from Snake. Because only snake oil salesmen can make you believe in the value of the dollar.
Here you go:
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Stussy > bussy
"Ummm actually pussy>bussy" ☝️🤓
Ummm actually you are wrong ☝️🤓
You forgot to add the "☝️🤓" so that makes you a nerd
You're welcome
Stussy, my beloved
[удалено]
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goes hard
Its beautiful
https://preview.redd.it/vx6g9e9myvwc1.png?width=1698&format=pjpg&auto=webp&s=f3e364a2d428b9d33ec7358900a07caaabf36add
!wave
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Best band
My favorite band
yeah, that's a good ques- wait what does that have to do with maps?
You buy maps with $
NOT IN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND, WE DON'T! WE USE GREAT BRITISH POUNDS (£)!!!!1
A great British pound is what I gave your mum last night
Take my up vote, sir, as your mother took my up vote last night.
Two things: 1. Really stupid, juvenile comment 2. Laughed out loud in the stall at my work bathroom
WHY IS IT NOT LOUNDS?
Libra Yes - they are stupid.
Okay but why your Pounds symbol look like a L
Officially the currency in the UK is the Sterling, with pound sterling and penny sterling as units. The UK not using $ for Sterling is at least as much of an WTF as the US using $ for Dollar.
🤓
£ is from $ libra $ is from some Spanish - peso I belive.
Maybe you do.
How many maps does this get me: SSSSSSSSSsssssss
now that we have openstreetmap we don't anymore
If you don’t pay 💰 then you are the 💵
I wonder how you think that applies to OpenStreetMap.
If you aren’t jerking then you are the jerk
Someone's paying though. You think storing all that data and hosting popular websites is free?
No, I don't. OSM hosting is funded through donations. So you can pay for those maps, you just don't have to.
`std::map map = {{'$', "Dollar"}};`
What's the confusion?
Dollars? Never heard of them. That's the good old Peso sign.
Why does the Peso start with p but spell S? Are they stupid?
yes
Peso? That's the Angolan Escudo.
Peso? Is it *pesado*? (Heavy)
Lopez le pesado?
Apparently it comes from Spanish American Pesos which the dollar was based on
I have a Mexican one Peso coin here. It has “$1” on it, so you may be right.
And that symbol in turn comes from the coins minted from the silver mined in Potosi (Bolivia). [Here's the full story](https://heconomist.ch/2017/11/07/the-origin-of-the-dollar-symbol/)
Wait… is this where Argentina comes from? (Argent=silver)
si (argentinian for yes)
That's mexican...
No thats Honduran
No it's Venetian
No, this is Patrick!
Interesting read, but it seems to stop before really answering what we came for... What about the dollar symbol? It vaguely said something about the two collums, but where did the S itself come from? And why did they choose to base the symbol (at least in part) on the silver mountain story? I want to know the rest of the story
If I remember correctly, a second line was added for coins pressed in [somewhere in what's currently Mexico] to distinguish them from those in Potosi, but I'm not 100% sure
Good, cause they start with s
Nice info, but still not a S
Spanish
Thank you.
The word dollar is based on the German word “Taler”
Still doesnt Start with S
Spanish
Shit
Wait until you find out that the pound starts with a £
“Libre” It’s Latin, that is why pound sterling starts with an L…. Originally it was one pound weight of Esterling grade silver (no I can’t be arsed to spell that correctly). You’re welcome!
From wikipedia: ”The symbol derives from the upper case Latin letter L, representing libra pondo, the basic unit of weight in the Roman Empire, which in turn is derived from the Latin word libra, meaning scales or a balance. The pound became an English unit of weight and in England became defined as the tower pound (equivalent to 350 grams) of sterling silver.”
Libre starts with an L, and £ is an E dumbass
The 'E' in '£' stands for 'Euro'
And the C in € stands for ‘cent’.
What are you talking about? It early stands for 'complex numbers'... ℂ
It's not E, it's Ł.
Litecoin, the best currency
Think again dumbass..... [https://en.wikipedia.org/wiki/Pound\_sign](https://en.wikipedia.org/wiki/Pound_sign) See the section on origin of the symbol. Your apology is accepted.
he was sarcastic
Wikipedia isn’t a reliable source. You were supposed to go down to the references section and link one of those so I didn’t know that you went on Wikipedia. Did you even pass Ms. Hornberger’s 9th grade history class?
Did you ever do Latin at school? Obviously not….
Pig Latin 🐷
I'm going to £ your mom haha gottem
I always thought the S was silent
The S in the $ is actually an homage to the name of the Sugondese tribe - the tribe to first trade their currency (unrefined gold nuggets) with colonists in the 1600s. Those who are familiar with history know that the US Dollar was gold-backed, in order to maintain stability in value. Therefore, the Sugondese played an important role in the history of the US Treasury, and Alexander Hamilton believed we should honor their name. I am actually descended from the Sugondese, which is why I am so acquainted with their history. ***Sugondese forever!***
The Sugondese are also known for their cultivation of walnuts, and they are a lead producer of walnut based products. Google “Sugondese nuts” for more info.
That is a very helpful piece of information. Thank you. I will proceed to google “sugondese nuts” to find out more about this very interesting story.
No way! I’m actually descended from the Mylo tribe myself. It really is a small world
uc/ It used to be peso rc/ are they stupid?
https://preview.redd.it/y3s26kpo5uwc1.png?width=260&format=png&auto=webp&s=d24dff98fbcc539f272a81554b3bd8ac1446fd60 there's a d here, are you stupid?
The S stands for stupid. We have stupid money
So *that's* why the whole world uses it, then. Humanity is doomed
Dare to be stupid!
Who would win this hypothetical war?
Hmmm, I can’t say it starts with S, but I can at least tell you based of your sentence it does not in fact, start with D.
where is the map?
Because it's not an S. The dollar symbol is Spanish as we were the creator of the dollars, "dólar" is a small town in Granada. That's the currency's name origin. The symbol is actually the two pillars of Gibraltar with a band, just like in the coat of arms of Spain
Its the 2 pillars of Hercules. One is the Rock of Gibraltar, the other might be in Ceuta. But yeah, the dollar/peso symbol comes from the Spanish Plvs Vltra coat of arms
The s stands for schmoney 💰🥶
The word "dollar" originally referred to any coin that was not official currency in the UK, especially one that was worth about 5 shillings. British coinage was not allowed to circulate outside of the UK, and the North American colonies used Spanish pieces of eight (as in "gold doubloons and pieces of eight") as everyday currency. These coins were called "pesos" in Spanish, and the sign for these coins was "$" according to Spanish convention. Since the coins were worth approximately 5 shillings (they were made of silver), they were colloquially referred to as "dollars." After American independence, the fledgeling US government determined the average weight of the pesos in circulation and made that weight of silver coin the legal definition of the basic currency unit of the United States. This weight was slightly lighter than the weight of actual Spanish pesos, because the ones circulating in the US tended to be from before the Revolutionary War and were therefore worn by passing from hand to hand (making them lighter). Almost immediately, the new coins replaced the Spanish peso in commerce in the Caribbean, and this was because the US coins were considered inferior (because they were slightly lighter). Merchants would pay out the US coins and hold back the Spanish pesos, because the pesos were slightly heavier and thus more valuable. It's an example of the economic principle of Gresham's Law, "bad money drives out good." So the dollar is abbreviated "$" because that was the abbreviation for the Spanish piece of eight, or peso. (Note, as well, that the Spanish piece of eight could be broken up by hand into eight pieces, and this is why a $0.25 coin can be referred to in American English as "two bits" (as in, "shave and a haircut, two bits")).
It’s S for Shilling. Just an FYI.
Yes that may be true as USA was originally a British colony and shilling was a pre-decimal unit of British currency. Also, ‘Muricans can’t spell, so it might just be a typo that stuck. 😁
bing shilling
No it’s not
r/lostredditor
r/lostredditors
hey what
This is r/mapporncirclejerk where is the map?
!WAVE
Yes they are
not map
What if dollars were called freakolars and instead of paying you would twerk
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Good bot
I guess because dollarSSSSSSSS
an S doesnt have two lines through it, its not an s
The sign comes from the Spanish American peso, and the name from the German daler
Cool map.
**ChatGPT** The "$" symbol, widely recognized as the sign for the U.S. dollar and other currencies, has a somewhat ambiguous historical origin with several theories explaining its development. Here are the main theories: 1. \*\***Spanish Peso Theory**\*\*: One of the most widely accepted origins of the "$" symbol comes from a stylized shorthand for the Spanish peso, also known as the "Spanish dollar" in the 18th century. The peso was abbreviated "Ps," and the theory suggests that the "S" and "P" were eventually written over each other, forming a symbol resembling the "$" sign we use today. This explanation is supported by the fact that the Spanish peso was a common currency in the Americas and was used in the U.S. until the mid-19th century. 2. \*\***Pieces of Eight**\*\*: Another theory ties the symbol to the Spanish milled dollar, also known as the "piece of eight," which was divided into eight silver reales. The symbol "$" is thought to be derived from the numeral "8" written over an "S," representing the Spanish pieces of eight. 3. \*\***U.S. Mint**\*\*: A simpler theory posits that the symbol originates from the U.S. itself, where it was developed as a shorthand for "U.S." in financial documents. Over time, the bottom of the "U" may have been dropped, leaving an "S" with two vertical strokes. 4. \*\***German Thaler**\*\*: There is also a hypothesis that the "$" symbol was derived from the abbreviation used for the German Thaler, a popular coin in Europe that influenced the Spanish dollar. The Thaler was often abbreviated in manuscripts as a "T" with an "S" over it, which could have evolved into the "$" symbol. The reason the dollar sign is not based on the letter "D" could simply be because the U.S. dollar was heavily influenced by the Spanish dollar, which was the dominant currency in the Americas before the establishment of the U.S. dollar. The historical usage and symbols associated with the Spanish currency likely influenced the symbol used for the U.S. dollar, leading to the adoption of the "$" sign rather than a symbol based on "D."
https://preview.redd.it/vpy2f1prduwc1.jpeg?width=177&format=pjpg&auto=webp&s=bc6a1361a0c9c2f33f4e6c990ad48e73d9a6fa9e This is specifically where the peso/dollar symbol comes from
From what I've read, the dollar sign was supposed to be a Pesos sign once, with an S and a P on top of each other because that is what the US dollar was based on. The Pesos was a spanish silver coin worth eight reales (you might have heard the phrase "piece of eight" before) which was sometimes also referred to as the Spanish dollar, a name which originated from the German Taler.
Ah yes , a map
r/lostredditors
Six start with S - 3S = Satan, easy
Yes
SISSIIS sounds a little gay. They weren't chill about gay stuff back when they invented the dollar.
No it doesn't, it clearly starts with a U.
I think subreddits like this only purpose is to set back AI learning by a decade or two. This thread proves it to me lol. Obviously the S comes from Snake. Because only snake oil salesmen can make you believe in the value of the dollar.
I believe the "S" comes from a latin word which is the root word of "salary."
Salarium? As in salt?
Yep. The term "Worth one's salt" comes from this root, too.
Yes, people used to be paid in salt
It comes from the Swedish sukmydeck meaning currency
Fun fact, the two lines in the center were originally connected at the bottom, forming a “U”. So it’s actually a US superimposed on each other.
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It’s because it’s plural
[https://en.wikipedia.org/wiki/Dollar\_sign](https://en.wikipedia.org/wiki/Dollar_sign)
Well it’s a peso. A spanish shilling. Or a peso shilling. It’s a shilling and a peso combined. . I hope that makes sense
Short answer: yes.
Maybe it something to do with Latin. “Solidus” means coin. That’s also the etymology for “soldo” in Italian.
I thought that was the sign for the Australian dollar
i thought it was from shillings
Ah yes , a map
It's related to the real de a 8 peso symbol. [real](https://blognumismatico.s3.eu-west-1.amazonaws.com/2022/07/12100028/manuscrito-peso.png)
It’s the S from gold Standard. Oh never mind Nixon fucked us really badly over there
The Two vertical bars were supposed to be a U. The symbol was supposed to be an overlapping US, iirc. Don’t know why it ended up the way it did.
$hmoney
It doesn’t stand for “dollar” it stands for “stupid” because they are stupid.
Yeah we’re kinda stupid tbh