What is usdm?

USDM refers to the United States Dollar, which is the currency of the United States of America. It is the world's most widely used currency for international transactions. The abbreviation USD stands for "US Dollar". The US dollar is divided into 100 smaller units called cents. It is managed by the Federal Reserve, which is the central banking system of the United States. The value of the US dollar is determined by a number of factors including economic growth, inflation rate, interest rates, and global demand. The exchange rate of the US dollar with other currencies fluctuates daily in response to changes in the global financial market.