I am currently writing an essay, I have to state there is a $1 million prize for something. What is the correct way of stating this amount?
I have gone with "one million USD", do you think this is acceptable or is there a preferred format?
grammatical-numberword-choice
I am currently writing an essay, I have to state there is a $1 million prize for something. What is the correct way of stating this amount?
I have gone with "one million USD", do you think this is acceptable or is there a preferred format?
Best Answer
If you and your essay readers are in the U.S., then they will correctly infer one million U.S. dollars from $1 million.
Currency abbreviations (such as USD, CHF, CAD, JPY, and EUR) are used by currency traders to denote currency pairs.
I would avoid USD unless your essay readers might confuse the prize for Canadian or Australian dollars. In those cases, you might write it as