Usd Converter
Convert Usd to Fjd 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 '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
Fun Fact
The U.S. dollar is the most widely used currency for global trade.
Fijian DollarFJ$
Target UnitThe Fijian Dollar (FJD) is the official currency of Fiji, introduced in 1969 to replace the Fijian pound. The FJD is subdivided into 100 cents and is denoted by the symbol FJ$. The currency is issued and regulated by the Reserve Bank of Fiji, which was established to manage monetary policy and ensure financial stability in the country. The Fijian Dollar is used as a medium of exchange for goods and services within Fiji and is also accepted in some neighboring Pacific island nations. The currency features various denominations, including coins of 1, 2, 5, 10, 20, and 50 cents, as well as banknotes of 2, 5, 10, 20, 50, and 100 dollars, each adorned with images of notable Fijian cultural symbols and figures.
Current Use
The Fijian Dollar is primarily used in Fiji for all transactions and is the basis for pricing goods and services. It is an essential part of daily life in Fiji, utilized by businesses, tourists, and residents alike. The currency is accepted in various industries, including tourism, agriculture, and retail. The FJD is also exchanged in neighboring Pacific Island countries, making it a regional currency of significance. In the tourism sector, the Fijian Dollar is often used by visitors, who can exchange their foreign currencies at banks, authorized money changers, and hotels. In addition, the FJD serves as a unit of account for local businesses and is used in financial transactions, contracts, and accounting practices. The Fijian Dollar's stability and relative strength in the region make it a preferred currency for trade and investment activities.
Fun Fact
The Fijian Dollar was initially pegged to the Australian Dollar.
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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
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Fijian Dollar
currency • Non-SI
Definition
The Fijian Dollar (FJD) is the official currency of Fiji, introduced in 1969 to replace the Fijian pound. The FJD is subdivided into 100 cents and is denoted by the symbol FJ$. The currency is issued and regulated by the Reserve Bank of Fiji, which was established to manage monetary policy and ensure financial stability in the country. The Fijian Dollar is used as a medium of exchange for goods and services within Fiji and is also accepted in some neighboring Pacific island nations. The currency features various denominations, including coins of 1, 2, 5, 10, 20, and 50 cents, as well as banknotes of 2, 5, 10, 20, 50, and 100 dollars, each adorned with images of notable Fijian cultural symbols and figures.
History & Origin
The Fijian Dollar was introduced on January 1, 1969, replacing the Fijian pound at a rate of 2 dollars for each pound. The decision to adopt the dollar was influenced by the need for a currency that would facilitate trade and economic stability within Fiji and with its international partners. This transition was part of broader economic reforms aimed at modernizing Fiji's financial systems and encouraging tourism and investment. The Fijian Dollar was pegged to the Australian Dollar for many years, which helped stabilize its value in the regional market. The currency's introduction marked a significant step in Fiji's economic history, reflecting its growing independence and need for a national currency that represented its identity and economic aspirations.
Etymology: The term 'dollar' itself is derived from the Spanish 'peso de a ocho' or 'piece of eight,' which was widely used in trade.
Current Use
The Fijian Dollar is primarily used in Fiji for all transactions and is the basis for pricing goods and services. It is an essential part of daily life in Fiji, utilized by businesses, tourists, and residents alike. The currency is accepted in various industries, including tourism, agriculture, and retail. The FJD is also exchanged in neighboring Pacific Island countries, making it a regional currency of significance. In the tourism sector, the Fijian Dollar is often used by visitors, who can exchange their foreign currencies at banks, authorized money changers, and hotels. In addition, the FJD serves as a unit of account for local businesses and is used in financial transactions, contracts, and accounting practices. The Fijian Dollar's stability and relative strength in the region make it a preferred currency for trade and investment activities.
💡 Fun Facts
- •The Fijian Dollar was initially pegged to the Australian Dollar.
- •Polymer notes for the FJD are made from a type of plastic that is more durable than paper.
- •Fiji is known for its vibrant culture, which is reflected in the designs of its banknotes.
📏 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.