INR Indian Rupee
1 USD = 95.1821 INR
Convert
MYR Malaysian Ringgit
1 USD = 3.953 MYR
Convert
SGD Singapore Dollar
1 USD = 1.2758 SGD
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JPY Japanese Yen
1 USD = 157.145 JPY
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BDT Bangladeshi Taka
1 USD = 122.692576 BDT
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CNY Chinese Yuan
1 USD = 6.82806697 CNY
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HKD Hong Kong Dollar
1 USD = 7.83430698 HKD
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IDR Indonesian Rupiah
1 USD = 17377.2459 IDR
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KHR Cambodian Riel
1 USD = 4007.94735 KHR
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KRW South Korean Won
1 USD = 1469.63865 KRW
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LAK Lao Kip
1 USD = 21901.2048 LAK
Convert
LKR Sri Lankan Rupee
1 USD = 319.838061 LKR
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MVR Maldivian Rufiyaa
1 USD = 15.4200136 MVR
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NPR Nepalese Rupee
1 USD = 151.863954 NPR
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PHP Philippine Peso
1 USD = 61.4761440 PHP
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PKR Pakistani Rupee
1 USD = 278.962933 PKR
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THB Thai Baht
1 USD = 32.5956405 THB
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TWD Taiwanese Dollar
1 USD = 31.5917330 TWD
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VND Vietnamese Dong
1 USD = 26338.9608 VND
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EUR Euro
1 USD = 0.854518 EUR
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GBP British Pound Sterling
1 USD = 0.738362 GBP
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CHF Swiss Franc
1 USD = 0.78395 CHF
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BAM Bosnia and Herzegovina convertible mark
1 USD = 1.67136386 BAM
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BGN Bulgarian Lev
1 USD = 1.66865 BGN
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CZK Czech Koruna
1 USD = 20.7498464 CZK
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DKK Danish Krone
1 USD = 6.36413378 DKK
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HRK Croatian Kuna
1 USD = 6.42835 HRK
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HUF Hungarian Forint
1 USD = 310.079933 HUF
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ISK Icelandic Krona
1 USD = 123.058891 ISK
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MDL Moldovan Leu
1 USD = 17.2423825 MDL
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MKD Macedonian Denar
1 USD = 52.7174841 MKD
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NOK Norwegian Krone
1 USD = 9.26758526 NOK
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PLN Polish Zloty
1 USD = 3.61476516 PLN
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RON Romanian Leu
1 USD = 4.42581132 RON
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RSD Serbian Dinar
1 USD = 99.9178593 RSD
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RUB Russian Rouble
1 USD = 74.9171603 RUB
Convert
SEK Swedish Krona
1 USD = 9.20733029 SEK
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TRY Turkish Lira
1 USD = 45.1067776 TRY
Convert
UAH Ukraine Hryvnia
1 USD = 43.9129 UAH
Convert
AED United Arab Emirates Dirham
1 USD = 3.67315 AED
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SAR Saudi Riyal
1 USD = 3.7508 SAR
Convert
OMR Omani Rial
1 USD = 0.385035 OMR
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BHD Bahraini Dinar
1 USD = 0.3776 BHD
Convert
KWD Kuwaiti Dinar
1 USD = 0.3063 KWD
Convert
QAR Qatari Riyal
1 USD = 3.6451 QAR
Convert
ILS Israeli Sheqel
1 USD = 2.94820067 ILS
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IRR Iranian Rial
1 USD = 1317246.37 IRR
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JOD Jordanian Dinar
1 USD = 0.70907997 JOD
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LBP Lebanese Pound
1 USD = 89500 LBP
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SYP Syrian Pound
1 USD = 115.551600 SYP
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CAD Canadian Dollar
1 USD = 1.36035 CAD
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BMD Bermudian Dollar
1 USD = 1 BMD
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AWG Aruban Florin
1 USD = 1.79003553 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 = 59.3885999 DOP
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GTQ Guatemalan Quetzal
1 USD = 7.63826696 GTQ
Convert
JMD Jamaican Dollar
1 USD = 157.191933 JMD
Convert
MXN Mexican Peso
1 USD = 17.4264791 MXN
Convert
PAB Panamanian Balboa
1 USD = 1 PAB
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XCD East Caribbean Dollar
1 USD = 2.69996581 XCD
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ARS Argentine Peso
1 USD = 1390.65747 ARS
Convert
BOB Bolivian Boliviano
1 USD = 6.90945037 BOB
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BRL Brazilian Real
1 USD = 4.95666872 BRL
Convert
CLP Chilean Peso
1 USD = 906.407268 CLP
Convert
COP Colombian Peso
1 USD = 3623.17072 COP
Convert
PEN Peruvian Sol
1 USD = 3.50801033 PEN
Convert
PYG Paraguayan Guaraní
1 USD = 6141.65480 PYG
Convert
TTD Trinidad and Tobago Dollar
1 USD = 6.76380105 TTD
Convert
UYU Uruguayan Peso
1 USD = 40.1222756 UYU
Convert
VES Venezuelan Bolívar
1 USD = 486.791803 VES
Convert
ZAR South African Rand
1 USD = 16.7212 ZAR
Convert
BWP Botswana Pula
1 USD = 13.7741411 BWP
Convert
EGP Egyptian Pound
1 USD = 53.5112027 EGP
Convert
GHS Ghana Cedi
1 USD = 11.1757819 GHS
Convert
GMD Gambian Dalasi
1 USD = 72.3893351 GMD
Convert
KES Kenyan Shilling
1 USD = 129.105537 KES
Convert
MAD Moroccan Dirham
1 USD = 9.25397367 MAD
Convert
MGA Malagasy Ariary
1 USD = 4150.87164 MGA
Convert
MUR Mauritian Rupee
1 USD = 46.8971970 MUR
Convert
NAD Namibian Dollar
1 USD = 16.7902922 NAD
Convert
NGN Nigerian Naira
1 USD = 1379.46000 NGN
Convert
SCR Seychellois Rupee
1 USD = 14.6124594 SCR
Convert
TND Tunisian Dinar
1 USD = 2.87179470 TND
Convert
UGX Ugandan Shilling
1 USD = 3732.86617 UGX
Convert
XAF Central African Franc
1 USD = 560.551187 XAF
Convert
XOF West African Franc
1 USD = 560.551187 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.