Where does the word 'dollar' come from?

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Where does the word 'dollar' come from?

Written by ThinkExpats

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Joachimstal-Czech language-legends

Tags: Czech language | Joachimstal | legends

The origin of the almighty dollar is in what is now the Czech Republic...

origin of the word dollar 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.

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