History of North America

What is the value of us dollar from 1776-1976?

1776

* 1 Spanish Milled Dollar = 1 US Dollar

1792

* 1 US Dollar = 1,600 Grains of fine silver (Coinage Act of 1792)

1834

* 1 US Dollar = 412.5 Grains of fine gold or 23.22 Grains of fine silver (Gold Standard Act of 1834)

1879

* 1 US Dollar = 23.22 Grains of fine gold (Specie Payment Resumption Act of 1875)

1934

* 1 US Dollar = 13.714 Grains of fine gold (Gold Reserve Act of 1934)

1971

* 1 US Dollar = No gold backing (Bretton Woods Agreement ends)

1973

* 1 US Dollar = 0 Grams of fine gold or fine silver.