INR Indian Rupee
1 USD = 92.71 INR
Convert
MYR Malaysian Ringgit
1 USD = 4.03225 MYR
Convert
SGD Singapore Dollar
1 USD = 1.287 SGD
Convert
JPY Japanese Yen
1 USD = 159.67 JPY
Convert
BDT Bangladeshi Taka
1 USD = 122.750253 BDT
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CNY Chinese Yuan
1 USD = 6.88434902 CNY
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HKD Hong Kong Dollar
1 USD = 7.81945219 HKD
Convert
IDR Indonesian Rupiah
1 USD = 16999.0976 IDR
Convert
KHR Cambodian Riel
1 USD = 4004.54663 KHR
Convert
KRW South Korean Won
1 USD = 1513.08068 KRW
Convert
LAK Lao Kip
1 USD = 22007.1428 LAK
Convert
LKR Sri Lankan Rupee
1 USD = 315.526681 LKR
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MVR Maldivian Rufiyaa
1 USD = 15.4200433 MVR
Convert
NPR Nepalese Rupee
1 USD = 148.963123 NPR
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PHP Philippine Peso
1 USD = 60.2084676 PHP
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PKR Pakistani Rupee
1 USD = 279.311062 PKR
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THB Thai Baht
1 USD = 32.6418137 THB
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TWD Taiwanese Dollar
1 USD = 31.9771589 TWD
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VND Vietnamese Dong
1 USD = 25104.8938 VND
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EUR Euro
1 USD = 0.8682 EUR
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GBP British Pound Sterling
1 USD = 0.757404 GBP
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CHF Swiss Franc
1 USD = 0.7999 CHF
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BAM Bosnia and Herzegovina convertible mark
1 USD = 1.69703253 BAM
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BGN Bulgarian Lev
1 USD = 1.6985 BGN
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CZK Czech Koruna
1 USD = 21.2542304 CZK
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DKK Danish Krone
1 USD = 6.46256632 DKK
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HRK Croatian Kuna
1 USD = 6.54325 HRK
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HUF Hungarian Forint
1 USD = 333.525166 HUF
Convert
ISK Icelandic Krona
1 USD = 125.106376 ISK
Convert
MDL Moldovan Leu
1 USD = 17.5980187 MDL
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MKD Macedonian Denar
1 USD = 53.1569631 MKD
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NOK Norwegian Krone
1 USD = 9.71770151 NOK
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PLN Polish Zloty
1 USD = 3.70609428 PLN
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RON Romanian Leu
1 USD = 4.41673375 RON
Convert
RSD Serbian Dinar
1 USD = 101.724305 RSD
Convert
RUB Russian Rouble
1 USD = 80.1615245 RUB
Convert
SEK Swedish Krona
1 USD = 9.45512471 SEK
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TRY Turkish Lira
1 USD = 44.6073007 TRY
Convert
UAH Ukraine Hryvnia
1 USD = 43.6840743 UAH
Convert
AED United Arab Emirates Dirham
1 USD = 3.67325 AED
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SAR Saudi Riyal
1 USD = 3.7548 SAR
Convert
OMR Omani Rial
1 USD = 0.385 OMR
Convert
BHD Bahraini Dinar
1 USD = 0.3774 BHD
Convert
KWD Kuwaiti Dinar
1 USD = 0.30685 KWD
Convert
QAR Qatari Riyal
1 USD = 3.646 QAR
Convert
ILS Israeli Sheqel
1 USD = 3.14490326 ILS
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IRR Iranian Rial
1 USD = 1315729.53 IRR
Convert
JOD Jordanian Dinar
1 USD = 0.70898047 JOD
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LBP Lebanese Pound
1 USD = 89500 LBP
Convert
SYP Syrian Pound
1 USD = 115.360853 SYP
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CAD Canadian Dollar
1 USD = 1.39465 CAD
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BMD Bermudian Dollar
1 USD = 1 BMD
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AWG Aruban Florin
1 USD = 1.79002169 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 = 60.8695508 DOP
Convert
GTQ Guatemalan Quetzal
1 USD = 7.64737527 GTQ
Convert
JMD Jamaican Dollar
1 USD = 157.919913 JMD
Convert
MXN Mexican Peso
1 USD = 17.8385772 MXN
Convert
PAB Panamanian Balboa
1 USD = 1 PAB
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XCD East Caribbean Dollar
1 USD = 2.70004338 XCD
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ARS Argentine Peso
1 USD = 1390.88345 ARS
Convert
BOB Bolivian Boliviano
1 USD = 6.90952642 BOB
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BRL Brazilian Real
1 USD = 5.15694478 BRL
Convert
CLP Chilean Peso
1 USD = 919.781583 CLP
Convert
COP Colombian Peso
1 USD = 3662.09831 COP
Convert
PEN Peruvian Sol
1 USD = 3.45772047 PEN
Convert
PYG Paraguayan Guaraní
1 USD = 6486.43828 PYG
Convert
TTD Trinidad and Tobago Dollar
1 USD = 6.75861171 TTD
Convert
UYU Uruguayan Peso
1 USD = 40.5074437 UYU
Convert
VES Venezuelan Bolívar
1 USD = 473.428289 VES
Convert
ZAR South African Rand
1 USD = 16.9849 ZAR
Convert
BWP Botswana Pula
1 USD = 14.0056399 BWP
Convert
EGP Egyptian Pound
1 USD = 54.3127762 EGP
Convert
GHS Ghana Cedi
1 USD = 10.9961822 GHS
Convert
GMD Gambian Dalasi
1 USD = 71.9739696 GMD
Convert
KES Kenyan Shilling
1 USD = 130.063340 KES
Convert
MAD Moroccan Dirham
1 USD = 9.34143167 MAD
Convert
MGA Malagasy Ariary
1 USD = 4161.84815 MGA
Convert
MUR Mauritian Rupee
1 USD = 46.8485900 MUR
Convert
NAD Namibian Dollar
1 USD = 17.0118004 NAD
Convert
NGN Nigerian Naira
1 USD = 1378.70004 NGN
Convert
SCR Seychellois Rupee
1 USD = 14.7396963 SCR
Convert
TND Tunisian Dinar
1 USD = 2.92250376 TND
Convert
UGX Ugandan Shilling
1 USD = 3740.43383 UGX
Convert
XAF Central African Franc
1 USD = 569.160086 XAF
Convert
XOF West African Franc
1 USD = 569.160086 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.