INR Indian Rupee
1 USD = 96.317 INR
Convert
MYR Malaysian Ringgit
1 USD = 3.97 MYR
Convert
SGD Singapore Dollar
1 USD = 1.27885 SGD
Convert
JPY Japanese Yen
1 USD = 158.895 JPY
Convert
BDT Bangladeshi Taka
1 USD = 122.762827 BDT
Convert
CNY Chinese Yuan
1 USD = 6.80534406 CNY
Convert
HKD Hong Kong Dollar
1 USD = 7.82984516 HKD
Convert
IDR Indonesian Rupiah
1 USD = 17675.8143 IDR
Convert
KHR Cambodian Riel
1 USD = 4014.00240 KHR
Convert
KRW South Korean Won
1 USD = 1500.31442 KRW
Convert
LAK Lao Kip
1 USD = 21889.1566 LAK
Convert
LKR Sri Lankan Rupee
1 USD = 330.503691 LKR
Convert
MVR Maldivian Rufiyaa
1 USD = 15.4199862 MVR
Convert
NPR Nepalese Rupee
1 USD = 154.160027 NPR
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PHP Philippine Peso
1 USD = 61.6891279 PHP
Convert
PKR Pakistani Rupee
1 USD = 278.723007 PKR
Convert
THB Thai Baht
1 USD = 32.6420238 THB
Convert
TWD Taiwanese Dollar
1 USD = 31.6333617 TWD
Convert
VND Vietnamese Dong
1 USD = 26357.8339 VND
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EUR Euro
1 USD = 0.858332 EUR
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GBP British Pound Sterling
1 USD = 0.744713 GBP
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CHF Swiss Franc
1 USD = 0.78485 CHF
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BAM Bosnia and Herzegovina convertible mark
1 USD = 1.67911229 BAM
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BGN Bulgarian Lev
1 USD = 1.6777 BGN
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CZK Czech Koruna
1 USD = 20.8822704 CZK
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DKK Danish Krone
1 USD = 6.41669209 DKK
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HRK Croatian Kuna
1 USD = 6.46305 HRK
Convert
HUF Hungarian Forint
1 USD = 309.983900 HUF
Convert
ISK Icelandic Krona
1 USD = 123.118693 ISK
Convert
MDL Moldovan Leu
1 USD = 17.2793930 MDL
Convert
MKD Macedonian Denar
1 USD = 52.8476133 MKD
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NOK Norwegian Krone
1 USD = 9.27528047 NOK
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PLN Polish Zloty
1 USD = 3.64411347 PLN
Convert
RON Romanian Leu
1 USD = 4.47265811 RON
Convert
RSD Serbian Dinar
1 USD = 100.925148 RSD
Convert
RUB Russian Rouble
1 USD = 72.3915820 RUB
Convert
SEK Swedish Krona
1 USD = 9.40081910 SEK
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TRY Turkish Lira
1 USD = 45.5796320 TRY
Convert
UAH Ukraine Hryvnia
1 USD = 44.1429472 UAH
Convert
AED United Arab Emirates Dirham
1 USD = 3.6727 AED
Convert
SAR Saudi Riyal
1 USD = 3.7528 SAR
Convert
OMR Omani Rial
1 USD = 0.385 OMR
Convert
BHD Bahraini Dinar
1 USD = 0.37715 BHD
Convert
KWD Kuwaiti Dinar
1 USD = 0.30805 KWD
Convert
QAR Qatari Riyal
1 USD = 3.6452 QAR
Convert
ILS Israeli Sheqel
1 USD = 2.90844751 ILS
Convert
IRR Iranian Rial
1 USD = 1311768.95 IRR
Convert
JOD Jordanian Dinar
1 USD = 0.70895932 JOD
Convert
LBP Lebanese Pound
1 USD = 89500 LBP
Convert
SYP Syrian Pound
1 USD = 115.539444 SYP
Convert
CAD Canadian Dollar
1 USD = 1.3742 CAD
Convert
BMD Bermudian Dollar
1 USD = 1 BMD
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AWG Aruban Florin
1 USD = 1.79000680 AWG
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BBD Barbadian Dollar
1 USD = 2 BBD
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BSD Bahamian Dollar
1 USD = 1 BSD
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DOP Dominican Peso
1 USD = 59.1933654 DOP
Convert
GTQ Guatemalan Quetzal
1 USD = 7.62482829 GTQ
Convert
JMD Jamaican Dollar
1 USD = 158.164577 JMD
Convert
MXN Mexican Peso
1 USD = 17.2931719 MXN
Convert
PAB Panamanian Balboa
1 USD = 1 PAB
Convert
XCD East Caribbean Dollar
1 USD = 2.70003434 XCD
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ARS Argentine Peso
1 USD = 1395.48745 ARS
Convert
BOB Bolivian Boliviano
1 USD = 6.90919262 BOB
Convert
BRL Brazilian Real
1 USD = 5.04030275 BRL
Convert
CLP Chilean Peso
1 USD = 908.082358 CLP
Convert
COP Colombian Peso
1 USD = 3798.79616 COP
Convert
PEN Peruvian Sol
1 USD = 3.43359946 PEN
Convert
PYG Paraguayan Guaraní
1 USD = 6096.68994 PYG
Convert
TTD Trinidad and Tobago Dollar
1 USD = 6.76390796 TTD
Convert
UYU Uruguayan Peso
1 USD = 40.1840083 UYU
Convert
VES Venezuelan Bolívar
1 USD = 517.231098 VES
Convert
ZAR South African Rand
1 USD = 16.5938 ZAR
Convert
BWP Botswana Pula
1 USD = 13.9665178 BWP
Convert
EGP Egyptian Pound
1 USD = 53.1790127 EGP
Convert
GHS Ghana Cedi
1 USD = 11.4332932 GHS
Convert
GMD Gambian Dalasi
1 USD = 72.5188873 GMD
Convert
KES Kenyan Shilling
1 USD = 129.359975 KES
Convert
MAD Moroccan Dirham
1 USD = 9.21875 MAD
Convert
MGA Malagasy Ariary
1 USD = 4181.12122 MGA
Convert
MUR Mauritian Rupee
1 USD = 47.2099931 MUR
Convert
NAD Namibian Dollar
1 USD = 16.6236263 NAD
Convert
NGN Nigerian Naira
1 USD = 1371.04000 NGN
Convert
SCR Seychellois Rupee
1 USD = 14.6316964 SCR
Convert
TND Tunisian Dinar
1 USD = 2.90275509 TND
Convert
UGX Ugandan Shilling
1 USD = 3756.00103 UGX
Convert
XAF Central African Franc
1 USD = 563.149896 XAF
Convert
XOF West African Franc
1 USD = 563.149896 XOF
Convert
The United States of America uses the U.S. dollar as its currency. It is abbreviated as US$ or USD. It is also known as the American dollar. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar and divided it into 100 cents. The U.S. banknotes are issued in the form of Federal Reserve Notes. It is also known as greenbacks due to its green colour.
The central bank of the U.S. is known as Federal Reserve.
The U.S. dollar emerged as an important international reserve currency in the 1920s. It replaced the British pound sterling as it emerged from the First World War relatively unaffected and hence America was a significant recipient of wartime gold inflows. To date, the U.S. dollar continues to be the world’s foremost reserve currency for international trade.
The U.S. currency has become the global currency. In the international markets, both the U.S. dollar and Euro are popular and are accepted in most nations. The U.S. dollar’s share of foreign currencies in the global banks is over 64 per cent. In the case of the Euro, it is about 20 per cent. Generally, the U.S. Dollar reflects the strength of the United States of America.
About 85 per cent of the international trade including oil happens in terms of the U.S. dollar. Around 40 per cent of loans across the globe are sanctioned in dollars. India imports heavily from America than what it exports there. The dollars we receive from America are less than what we end up paying them for procuring their goods. India will need to buy more dollars from banks that represent a small unit in the extensive foreign exchange market.
A fall in the U.S. dollar value corresponds to the price of inflation, which is a rise in the general level of the prices of goods and services in an economy over a period of time.
A Consumer Price Index (CPI) is a measure which estimates the average price of consumer goods and services purchased by households. The U.S. CPI will be published by the Bureau of Labor Statistics. The CPI reflects inflation as experienced by consumers in their day-to-day living expenses.
If an individual is a frequent flyer, then you will be aware that exchanging the Indian rupee for a dollar can be costly at the airport. One may end up an extra 12% in the form of margins for getting currency conversion at airports. The best alternative is to choose BookMyForex to convert rupees to dollar as one has to pay 0.8% - 1.5% on forex conversion.
Disclaimer: The currency rates are sourced from reliable sources. There maybe variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell or act based on the rates given. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on currency rates provided.