Usd Converter
Convert Usd to Btc and more • 166 conversions
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Unit Explanations
United States Dollar$
Source UnitThe United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
Fun Fact
The U.S. dollar is the most widely used currency for global trade.
BitcoinBTC
Target UnitBitcoin (BTC) is the first and most widely recognized cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments without the need for intermediaries such as banks. Transactions are verified by network nodes through cryptography and recorded on a public ledger called the blockchain. Bitcoin's issuance is controlled through a process called mining, which involves solving complex mathematical problems. The total supply of Bitcoin is capped at 21 million coins, making it a deflationary asset.
Current Use
Bitcoin is used globally for a wide range of applications, including online payments, remittances, investment, and as a store of value. It is accepted by numerous merchants and platforms, and its popularity has led to the emergence of Bitcoin ATMs. Major financial institutions are increasingly incorporating Bitcoin into their services, and it is often considered 'digital gold' due to its limited supply and potential for value preservation.
Fun Fact
The first real-world transaction using Bitcoin was for two pizzas, which cost 10,000 BTC in 2010.
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📐Conversion Formula
= × 1.00000How to Convert
To convert to , multiply the value by 1.00000. This conversion factor represents the ratio between these two units.
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💡 Pro Tip: For the reverse conversion ( → ), divide by the conversion factor instead of multiplying.
United States Dollar
currency • Non-SI
Definition
The United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
History & Origin
The United States Dollar has its origins in the Spanish dollar, which was widely used in the Americas during the colonial period. The first official dollar was issued by the Continental Congress in 1775 during the American Revolutionary War. The Coinage Act of 1792 established the U.S. dollar as the country's standard unit of money, allowing for the production of coins in various denominations. The dollar was initially defined in terms of specific weights of silver and gold, reflecting the bimetallic standard prevalent at the time, leading to the establishment of the U.S. Mint for the purpose of producing coinage.
Etymology: The term 'dollar' comes from the German word 'Thaler', which referred to a silver coin that was minted in the 16th century.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
💡 Fun Facts
- •The U.S. dollar is the most widely used currency for global trade.
- •More than 60% of all foreign exchange reserves are held in USD.
- •The design of the dollar bill has not changed significantly since 1929.
📏 Real-World Examples
🔗 Related Units
Bitcoin
currency • Non-SI
Definition
Bitcoin (BTC) is the first and most widely recognized cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments without the need for intermediaries such as banks. Transactions are verified by network nodes through cryptography and recorded on a public ledger called the blockchain. Bitcoin's issuance is controlled through a process called mining, which involves solving complex mathematical problems. The total supply of Bitcoin is capped at 21 million coins, making it a deflationary asset.
History & Origin
The concept of digital currency dates back to the late 1980s, but Bitcoin was invented in 2008 when Satoshi Nakamoto published the Bitcoin white paper titled 'Bitcoin: A Peer-to-Peer Electronic Cash System'. The network came into existence in January 2009 when Nakamoto mined the first block, known as the 'genesis block'. Bitcoin's creation was motivated by a desire to create a decentralized financial system that operates independently of traditional banks and government control.
Etymology: The term 'Bitcoin' combines 'bit', a basic unit of information in computing, and 'coin', reflecting its function as a currency.
Current Use
Bitcoin is used globally for a wide range of applications, including online payments, remittances, investment, and as a store of value. It is accepted by numerous merchants and platforms, and its popularity has led to the emergence of Bitcoin ATMs. Major financial institutions are increasingly incorporating Bitcoin into their services, and it is often considered 'digital gold' due to its limited supply and potential for value preservation.
💡 Fun Facts
- •The first real-world transaction using Bitcoin was for two pizzas, which cost 10,000 BTC in 2010.
- •Bitcoin's creator, Satoshi Nakamoto, is estimated to hold around 1 million BTC, which has never been moved.
- •The Bitcoin network processes over 300,000 transactions daily, showcasing its extensive use and adoption.
📏 Real-World Examples
🔗 Related Units
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Frequently Asked Questions
How do I convert to ?▼
To convert to , multiply your value by 1. For example, 10 equals 10 .
What is the formula for to conversion?▼
The formula is: = × 1. This conversion factor is based on international standards.
Is this to converter accurate?▼
Yes! MetricConv uses internationally standardized conversion factors from organizations like NIST and ISO. Our calculations support up to 15 decimal places of precision, making it suitable for scientific, engineering, and everyday calculations.
Can I convert back to ?▼
Absolutely! You can use the swap button (⇄) in the converter above to reverse the conversion direction, or visit our to converter.