How Dollar is the Reserve Currency of the WorldImage Credit : Google

The US Dollar (USD) is one of the strongest currencies across the world.Image Credit : Google

 after the Federal Reserve Bank was created The first US dollar was printed in 1914.Image Credit : Google

The Allies paid for the U.S. supply of gold during World War I. paid to the U.S. became the largest holder of gold.Image Credit : Google

the United States served as the main supplier of weapons and other goods to the Allies.Image Credit : Google

By the end of the war most countries paid in gold, allowing the U.S.  became the owner of most of the world's gold.Image Credit : Google

This made it impossible for countries that have depleted their reserves to return to the gold standard.Image Credit : Google

Representatives from 44 Allied countries met in Bretton Wood, New Ham phireImage Credit : Google

in 1944 to come up with a system to manage foreign exchange that would not harm either country. Image Credit : Google

The delegation decided that the world's currencies would no longer be linked to gold, but would be replaced by the U.S. dollar.Image Credit : Google