Analysis of information sources in references of the Wikipedia article "نماد دلار" in Persian language version.
The dollar sign, $, is connected with the peso, contrary to popular belief, which considers it to be an abbreviation of 'U.S. ' The two parallel lines represented one of the many abbreviations of 'P,' and the 'S' indicated the plural. The abbreviation '$. ' was also used for the peso, and is still used in Argentina.
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