Usd Converter
Convert Usd to Htg 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.
Haitian GourdeG
Target UnitThe Haitian gourde (HTG) is the official currency of Haiti, established in 1813. It is subdivided into 100 centimes and serves as a critical medium of exchange within the country. The currency is issued by the Bank of the Republic of Haiti, which is responsible for regulating its supply and maintaining its value. The gourde is denoted by the symbol 'G' and is often represented with the currency code HTG in international contexts. The exchange rate of the gourde fluctuates against major currencies such as the US dollar and the Euro, influenced by factors including inflation rates, economic stability, and political conditions in Haiti. The gourde has undergone various changes in terms of design and composition throughout its history, reflecting the nation's rich cultural heritage and economic challenges.
Current Use
Today, the Haitian gourde is utilized as the primary currency for all transactions within Haiti, encompassing the purchase of goods and services, payment of salaries, and tax obligations. It is used in various sectors including agriculture, tourism, and retail, with businesses often displaying prices in gourdes. In recent years, the gourde has faced challenges such as inflation, leading to a gradual decline in its purchasing power. The Central Bank of Haiti plays a crucial role in stabilizing the currency through monetary policies and interventions in foreign exchange markets. While the gourde is predominantly used within Haiti, it is also occasionally exchanged in neighboring countries, particularly in border regions where trade occurs. The government has made efforts to promote the use of the gourde in digital transactions to increase financial inclusion among the population. In addition, remittances from Haitians abroad often contribute to the local economy, reinforcing the importance of the gourde in daily life.
Fun Fact
The gourde was introduced as a direct response to the need for a national currency after Haiti's independence from France.
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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
Haitian Gourde
currency • Non-SI
Definition
The Haitian gourde (HTG) is the official currency of Haiti, established in 1813. It is subdivided into 100 centimes and serves as a critical medium of exchange within the country. The currency is issued by the Bank of the Republic of Haiti, which is responsible for regulating its supply and maintaining its value. The gourde is denoted by the symbol 'G' and is often represented with the currency code HTG in international contexts. The exchange rate of the gourde fluctuates against major currencies such as the US dollar and the Euro, influenced by factors including inflation rates, economic stability, and political conditions in Haiti. The gourde has undergone various changes in terms of design and composition throughout its history, reflecting the nation's rich cultural heritage and economic challenges.
History & Origin
The origins of the Haitian gourde can be traced back to the early 19th century following Haiti's independence from France in 1804. The country's economic system required a stable currency to facilitate trade and economic activities. Initially, the currency was pegged to the French franc before transitioning to the US dollar and other currencies over the years. The first official issuance of the gourde occurred in 1813, designed to reflect the national identity and promote economic independence from colonial influences. Since its inception, the gourde has been a symbol of Haiti's sovereignty and resilience, evolving through various political and economic changes that have shaped the nation.
Etymology: The term 'gourde' is derived from the Spanish word 'gourda,' which refers to a gourd plant used in the region. The term was later adopted to describe the currency, symbolizing the natural resources of Haiti.
Current Use
Today, the Haitian gourde is utilized as the primary currency for all transactions within Haiti, encompassing the purchase of goods and services, payment of salaries, and tax obligations. It is used in various sectors including agriculture, tourism, and retail, with businesses often displaying prices in gourdes. In recent years, the gourde has faced challenges such as inflation, leading to a gradual decline in its purchasing power. The Central Bank of Haiti plays a crucial role in stabilizing the currency through monetary policies and interventions in foreign exchange markets. While the gourde is predominantly used within Haiti, it is also occasionally exchanged in neighboring countries, particularly in border regions where trade occurs. The government has made efforts to promote the use of the gourde in digital transactions to increase financial inclusion among the population. In addition, remittances from Haitians abroad often contribute to the local economy, reinforcing the importance of the gourde in daily life.
💡 Fun Facts
- •The gourde was introduced as a direct response to the need for a national currency after Haiti's independence from France.
- •Haiti is the first independent nation in Latin America and the Caribbean, and the second in the Americas to abolish slavery.
- •The symbol 'G' for gourde is often confused with the US dollar symbol '$' due to the similarities in monetary representation.
📏 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.