Usd Converter
Convert Usd to Clf and more • 166 conversions
0
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.
Central African FrancXAF
Target UnitThe Central African Franc (XAF) is the official currency of six Central African countries: Cameroon, Central African Republic, Chad, Republic of the Congo, Democratic Republic of the Congo, and Equatorial Guinea. The currency is subdivided into 100 centimes. The XAF is pegged to the euro at a fixed exchange rate, ensuring stability within the Central African Economic and Monetary Community (CEMAC). It facilitates trade and economic transactions among member states, contributing to regional economic integration.
Current Use
The Central African Franc is primarily used in six Central African countries, facilitating daily transactions, trade, and commerce. It plays a vital role in the economies of these nations, allowing for pricing, wage payments, and investments. The currency is also used in local banking systems and financial institutions, contributing to the economic stability and growth of the region.
Fun Fact
The Central African Franc is part of the larger CFA Franc currency system, which also includes the West African Franc (XOF).
All Currency Conversions
321 convertersPopular Conversions
📐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.
Quick Examples
💡 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
Central African Franc
currency • Non-SI
Definition
The Central African Franc (XAF) is the official currency of six Central African countries: Cameroon, Central African Republic, Chad, Republic of the Congo, Democratic Republic of the Congo, and Equatorial Guinea. The currency is subdivided into 100 centimes. The XAF is pegged to the euro at a fixed exchange rate, ensuring stability within the Central African Economic and Monetary Community (CEMAC). It facilitates trade and economic transactions among member states, contributing to regional economic integration.
History & Origin
The Central African Franc was introduced in 1945, replacing the French Equatorial African franc. It was established to unify the currency system in the Central African region, allowing for easier trade and economic collaboration among the countries. The currency has undergone various changes to adapt to the economic landscape of the region, particularly following independence from colonial rule.
Etymology: The term 'franc' originates from the Latin word 'francus', meaning 'free'. It was initially used to signify free men.
Current Use
The Central African Franc is primarily used in six Central African countries, facilitating daily transactions, trade, and commerce. It plays a vital role in the economies of these nations, allowing for pricing, wage payments, and investments. The currency is also used in local banking systems and financial institutions, contributing to the economic stability and growth of the region.
💡 Fun Facts
- •The Central African Franc is part of the larger CFA Franc currency system, which also includes the West African Franc (XOF).
- •Despite being different currencies, the XAF and XOF have the same value, both pegged to the euro.
- •The XAF is one of the oldest currencies still in use in Africa today.
📏 Real-World Examples
🔗 Related Units
Related Currency Conversions
Explore more currency conversions for your calculations.
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.