One of the first ideas that comes to mind traces the newest “$” sign for the Spanish peso, after commonly used on the newest region of the Americas. Yet , even with its around the world presence, the genuine money symbol source remains an interest of argument each other within the You and throughout the world. We realize from handwritten manuscripts one resellers and you will buyers tend to abbreviated the fresh peso because the “PS.” Since the day proceeded, and as the newest acronym turned more common, the new “S” is have a tendency to composed over the “P,” promoting a keen approximation of your own “$” symbol. An alternative well-known idea — and probably a well-known myth — is the fact that icon represents “United states” and originated in the newest acronym “You.S.,” on the characters superimposed and the “U” as conventionalized through the years. Another, similar theory argues that symbol came from the fresh Potosí perfect inside Bolivia, and that work away from 1573 to help you 1825.

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