Usd Converter
Convert Usd to Cdf 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.
Congo FrancCDF
Target UnitThe Congo Franc (CDF) serves as the official currency of the Democratic Republic of the Congo (DRC). It is subdivided into 100 centimes and is utilized in various transactions throughout the country. The currency is issued by the Bank of Congo, which establishes the monetary policy. The CDF has undergone multiple iterations since its inception, reflecting the economic shifts in the DRC. Its design features significant national symbols, and the currency is available in banknotes of various denominations, facilitating everyday commerce and economic activities. The CDF is crucial for both local trade and international transactions involving the DRC.
Current Use
Today, the Congo Franc (CDF) is predominantly used within the Democratic Republic of the Congo, where it facilitates everyday transactions ranging from purchasing basic goods to larger scale financial dealings. The DRC economy, largely based on agriculture and mining, relies heavily on the CDF for local trade. Despite challenges such as inflation and economic instability, the CDF remains vital in the informal sector, where cash transactions are common. Various industries, including agriculture, mining, and services, utilize the CDF, making it integral to the economic fabric of the country. The CDF is also involved in remittances, where Congolese abroad send money back home, further embedding it in the socio-economic landscape.
Fun Fact
The Congo Franc is one of the oldest currencies in Africa, having been established over a century ago.
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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
Congo Franc
currency • Non-SI
Definition
The Congo Franc (CDF) serves as the official currency of the Democratic Republic of the Congo (DRC). It is subdivided into 100 centimes and is utilized in various transactions throughout the country. The currency is issued by the Bank of Congo, which establishes the monetary policy. The CDF has undergone multiple iterations since its inception, reflecting the economic shifts in the DRC. Its design features significant national symbols, and the currency is available in banknotes of various denominations, facilitating everyday commerce and economic activities. The CDF is crucial for both local trade and international transactions involving the DRC.
History & Origin
The Congo Franc was first introduced in 1887 as the currency of the Congo Free State, which was established by King Leopold II of Belgium. Initially pegged to the Belgian Franc, it became a critical part of the colonial economic structure. Following the establishment of the DRC in 1960, the currency underwent significant changes as the country transitioned from colonial rule to independence. The original version of the CDF was replaced in 1998 due to hyperinflation and economic instability, leading to the introduction of a new series of banknotes and coins to stabilize the economy.
Etymology: The term 'Franc' originates from the Latin 'Francus', meaning 'free', historically used to denote certain currencies in Europe.
Current Use
Today, the Congo Franc (CDF) is predominantly used within the Democratic Republic of the Congo, where it facilitates everyday transactions ranging from purchasing basic goods to larger scale financial dealings. The DRC economy, largely based on agriculture and mining, relies heavily on the CDF for local trade. Despite challenges such as inflation and economic instability, the CDF remains vital in the informal sector, where cash transactions are common. Various industries, including agriculture, mining, and services, utilize the CDF, making it integral to the economic fabric of the country. The CDF is also involved in remittances, where Congolese abroad send money back home, further embedding it in the socio-economic landscape.
💡 Fun Facts
- •The Congo Franc is one of the oldest currencies in Africa, having been established over a century ago.
- •During hyperinflation, the CDF underwent a redenomination, making it one of the most significant currency reforms in the DRC.
- •The CDF is often used in informal markets, highlighting the role of cash in everyday Congolese life.
📏 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.