INR Indian Rupee
1 USD = 95.4314 INR
Convert
MYR Malaysian Ringgit
1 USD = 4.086 MYR
Convert
SGD Singapore Dollar
1 USD = 1.28225 SGD
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JPY Japanese Yen
1 USD = 157.585 JPY
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BDT Bangladeshi Taka
1 USD = 123.741606 BDT
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CNY Chinese Yuan
1 USD = 6.75003229 CNY
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HKD Hong Kong Dollar
1 USD = 7.84252826 HKD
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IDR Indonesian Rupiah
1 USD = 18037.8604 IDR
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KHR Cambodian Riel
1 USD = 4042.34218 KHR
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KRW South Korean Won
1 USD = 1440.21152 KRW
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LAK Lao Kip
1 USD = 22731.7365 LAK
Convert
LKR Sri Lankan Rupee
1 USD = 335.768132 LKR
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MVR Maldivian Rufiyaa
1 USD = 15.4200261 MVR
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NPR Nepalese Rupee
1 USD = 152.615759 NPR
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PHP Philippine Peso
1 USD = 61.2744192 PHP
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PKR Pakistani Rupee
1 USD = 277.859693 PKR
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THB Thai Baht
1 USD = 33.4440738 THB
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TWD Taiwanese Dollar
1 USD = 32.3628624 TWD
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VND Vietnamese Dong
1 USD = 26280.9431 VND
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EUR Euro
1 USD = 0.867378 EUR
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GBP British Pound Sterling
1 USD = 0.741647 GBP
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CHF Swiss Franc
1 USD = 0.80755 CHF
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BAM Bosnia and Herzegovina convertible mark
1 USD = 1.70294297 BAM
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BGN Bulgarian Lev
1 USD = 1.69685 BGN
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CZK Czech Koruna
1 USD = 21.0763787 CZK
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DKK Danish Krone
1 USD = 6.50668369 DKK
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HRK Croatian Kuna
1 USD = 6.5366 HRK
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HUF Hungarian Forint
1 USD = 317.029693 HUF
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ISK Icelandic Krona
1 USD = 124.137107 ISK
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MDL Moldovan Leu
1 USD = 17.5045140 MDL
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MKD Macedonian Denar
1 USD = 53.5355681 MKD
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NOK Norwegian Krone
1 USD = 9.51503707 NOK
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PLN Polish Zloty
1 USD = 3.75021103 PLN
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RON Romanian Leu
1 USD = 4.56737602 RON
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RSD Serbian Dinar
1 USD = 101.989307 RSD
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RUB Russian Rouble
1 USD = 79.4266161 RUB
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SEK Swedish Krona
1 USD = 9.55359462 SEK
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TRY Turkish Lira
1 USD = 47.5391120 TRY
Convert
UAH Ukraine Hryvnia
1 USD = 44.6413063 UAH
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AED United Arab Emirates Dirham
1 USD = 3.673 AED
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SAR Saudi Riyal
1 USD = 3.7555 SAR
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OMR Omani Rial
1 USD = 0.38502 OMR
Convert
BHD Bahraini Dinar
1 USD = 0.37705 BHD
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KWD Kuwaiti Dinar
1 USD = 0.3077 KWD
Convert
QAR Qatari Riyal
1 USD = 3.64525 QAR
Convert
ILS Israeli Sheqel
1 USD = 3.05687036 ILS
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IRR Iranian Rial
1 USD = 1375434.78 IRR
Convert
JOD Jordanian Dinar
1 USD = 0.70900481 JOD
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LBP Lebanese Pound
1 USD = 89500.0000 LBP
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SYP Syrian Pound
1 USD = 122.072158 SYP
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CAD Canadian Dollar
1 USD = 1.40155 CAD
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BMD Bermudian Dollar
1 USD = 1 BMD
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AWG Aruban Florin
1 USD = 1.78998707 AWG
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BBD Barbadian Dollar
1 USD = 2.00000000 BBD
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BSD Bahamian Dollar
1 USD = 1.00000000 BSD
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DOP Dominican Peso
1 USD = 58.4175202 DOP
Convert
GTQ Guatemalan Quetzal
1 USD = 7.62742708 GTQ
Convert
JMD Jamaican Dollar
1 USD = 158.426469 JMD
Convert
MXN Mexican Peso
1 USD = 17.3553147 MXN
Convert
PAB Panamanian Balboa
1 USD = 1.00000000 PAB
Convert
XCD East Caribbean Dollar
1 USD = 2.70004354 XCD
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ARS Argentine Peso
1 USD = 1488.97091 ARS
Convert
BOB Bolivian Boliviano
1 USD = 12.1500215 BOB
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BRL Brazilian Real
1 USD = 5.06537677 BRL
Convert
CLP Chilean Peso
1 USD = 925.625060 CLP
Convert
COP Colombian Peso
1 USD = 3120.53807 COP
Convert
PEN Peruvian Sol
1 USD = 3.39342394 PEN
Convert
PYG Paraguayan Guaraní
1 USD = 5961.27965 PYG
Convert
TTD Trinidad and Tobago Dollar
1 USD = 6.76212451 TTD
Convert
UYU Uruguayan Peso
1 USD = 40.2274423 UYU
Convert
VES Venezuelan Bolívar
1 USD = 745.692296 VES
Convert
ZAR South African Rand
1 USD = 16.5688 ZAR
Convert
BWP Botswana Pula
1 USD = 14.1442751 BWP
Convert
EGP Egyptian Pound
1 USD = 51.1300853 EGP
Convert
GHS Ghana Cedi
1 USD = 11.6855028 GHS
Convert
GMD Gambian Dalasi
1 USD = 72.4336090 GMD
Convert
KES Kenyan Shilling
1 USD = 129.382063 KES
Convert
MAD Moroccan Dirham
1 USD = 9.36787114 MAD
Convert
MGA Malagasy Ariary
1 USD = 4311.60644 MGA
Convert
MUR Mauritian Rupee
1 USD = 47.1359164 MUR
Convert
NAD Namibian Dollar
1 USD = 16.5750108 NAD
Convert
NGN Nigerian Naira
1 USD = 1366.72999 NGN
Convert
SCR Seychellois Rupee
1 USD = 14.6619068 SCR
Convert
TND Tunisian Dinar
1 USD = 2.94098977 TND
Convert
UGX Ugandan Shilling
1 USD = 3743.38702 UGX
Convert
XAF Central African Franc
1 USD = 571.142359 XAF
Convert
XOF West African Franc
1 USD = 571.142359 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.