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Flickr/joncutrer Continental Congress Sets the Dollar as the Official U.S. Currency On July 6, 1785, the Continental Congress ...

However, it wasn’t until July 6, 1785 that the Continental Congress established the dollar as the official currency of the United States: the first step towards creating a national monetary system.

Today, the dollar sign is a symbol of American power. Learn how this unusual character evolved from colonial currency to the center of the financial system.