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Why is "$" the dollar sign when there's no "s" in dollar?

Answers:1   |   LastAnswerAt:2010.10  

Question
visitor
Karen A 
Asked at 2010.10.26 19:21:25
So, the cents sign is a "c" with a vertical line through it, and the dollars sign is an "s" with a vertical line through it. Why is this, and how did it come to be this way? Why isn't it just a "D" with a line through it?
answer The CEO of Yahoo Answers! ©  Answered at 2010.10.26 19:21:25
Origin
The sign is attested in business correspondence between the British, Americans, Canadians and Mexicans in the 1770s, as referring to the Spanish-Mexican peso,[1][2] known as "Spanish dollar" or "pieces of eight" in British North America where it was adopted as U.S. currency in 1785, together with the term "dollar" and the $ sign.

The origin of the "$" sign has been variously accounted for. Perhaps the most widely accepted explanation is that it is the result of the evolution of the Spanish and Mexican scribal abbreviation "ps" for pesos. This theory, derived from a study of late eighteenth- and early nineteenth-century manuscripts, explains that the s gradually came to be written over the p developing a close equivalent to the "$" mark."
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