Usd Converter
Convert Usd to Gbp 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.
British Pound Sterling£
Target UnitThe British Pound Sterling, abbreviated as GBP, is the official currency of the United Kingdom, the Crown dependencies, and the British Overseas Territories. It is subdivided into 100 pence. The pound is one of the oldest currencies still in use today, with a history that dates back over 1,200 years. The symbol for the pound is '£', derived from the Latin word 'libra', which means weight. The Bank of England is responsible for issuing banknotes in England and Wales, while Scottish and Northern Irish banks also issue their own notes. The pound is widely recognized as a stable and reliable currency, making it a significant player in the global financial market.
Current Use
Today, the British Pound Sterling is widely used not only within the United Kingdom but also in various territories and former colonies. It serves as a benchmark currency in the international market and is one of the most traded currencies globally. The GBP is used in diverse industries, including finance, trade, and tourism, acting as a stable medium of exchange. Many countries hold GBP as a reserve currency, reflecting its strength and stability. In the UK, it is used in daily transactions, from retail purchases to international business dealings. The pound's value is influenced by multiple factors, including interest rates, inflation, and political stability, making it a focal point for economic analysis.
Fun Fact
The pound is the world's fourth most traded currency.
Convert US Dollar to British Pound
Converting US Dollar to British Pound is essential for international finance and travel. Our tool updates continuously to provide the best data.
Multiplies the amount in US Dollar by the current exchange rate.
US Dollar
Definition
The official currency of the United States.
Origins & History
Established in 1792.
British Pound
Definition
The official currency of the United Kingdom.
Origins & History
The world's oldest currency still in use.
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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.
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
British Pound Sterling
currency • Non-SI
Definition
The British Pound Sterling, abbreviated as GBP, is the official currency of the United Kingdom, the Crown dependencies, and the British Overseas Territories. It is subdivided into 100 pence. The pound is one of the oldest currencies still in use today, with a history that dates back over 1,200 years. The symbol for the pound is '£', derived from the Latin word 'libra', which means weight. The Bank of England is responsible for issuing banknotes in England and Wales, while Scottish and Northern Irish banks also issue their own notes. The pound is widely recognized as a stable and reliable currency, making it a significant player in the global financial market.
History & Origin
The origins of the British Pound can be traced back to the 8th century when King Offa of Mercia introduced a silver penny known as the 'sceat'. This coin became the basis for the pound, which was established as a unit of account. The term 'pound' derives from the Latin 'libra', a unit of weight. The pound was originally defined based on the value of a pound of silver. During the medieval period, the pound evolved to include various denominations of coins, each with its own value, leading to the modern system of pounds and pence.
Etymology: The word 'pound' comes from the Latin term 'libra', which referred to a balance or scale, indicating weight.
Current Use
Today, the British Pound Sterling is widely used not only within the United Kingdom but also in various territories and former colonies. It serves as a benchmark currency in the international market and is one of the most traded currencies globally. The GBP is used in diverse industries, including finance, trade, and tourism, acting as a stable medium of exchange. Many countries hold GBP as a reserve currency, reflecting its strength and stability. In the UK, it is used in daily transactions, from retail purchases to international business dealings. The pound's value is influenced by multiple factors, including interest rates, inflation, and political stability, making it a focal point for economic analysis.
💡 Fun Facts
- •The pound is the world's fourth most traded currency.
- •The term 'quid' is a colloquial term for the pound.
- •The British Pound has been in continuous use since the 8th century.
📏 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.