Usd Converter
Convert Usd to Lkr 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.
Sri Lankan RupeeRs
Target UnitThe Sri Lankan Rupee (LKR) is the currency used in Sri Lanka and is abbreviated as Rs. It is subdivided into 100 cents. The rupee has been a part of Sri Lankan monetary policy since its introduction in 1872, aiming to stabilize the economy and provide a consistent unit of value for trade and commerce. The central bank, the Central Bank of Sri Lanka, issues the currency, ensuring its stability and integrity. The rupee is represented by the symbol 'Rs' and is used in various denominations, both in coins and banknotes. The currency plays a vital role in the local economy and international trade, reflecting the purchasing power and economic conditions of the country.
Current Use
The Sri Lankan Rupee is primarily used within Sri Lanka for all domestic transactions, including retail purchases, services, and government payments. It is accepted widely across various sectors, including agriculture, manufacturing, and tourism. The currency is crucial for both residents and visitors, as it is the only legal tender for transactions within the country. The rupee's value is influenced by local economic conditions, inflation rates, and international market trends. In recent years, the Central Bank has worked to maintain the stability of the LKR amid economic challenges, employing monetary policies to control inflation and stabilize the currency. Internationally, the rupee is exchanged in forex markets, impacting trade agreements and investments.
Fun Fact
The Sri Lankan Rupee is one of the oldest currencies still in circulation, dating back to the 19th century.
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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
Sri Lankan Rupee
currency • Non-SI
Definition
The Sri Lankan Rupee (LKR) is the currency used in Sri Lanka and is abbreviated as Rs. It is subdivided into 100 cents. The rupee has been a part of Sri Lankan monetary policy since its introduction in 1872, aiming to stabilize the economy and provide a consistent unit of value for trade and commerce. The central bank, the Central Bank of Sri Lanka, issues the currency, ensuring its stability and integrity. The rupee is represented by the symbol 'Rs' and is used in various denominations, both in coins and banknotes. The currency plays a vital role in the local economy and international trade, reflecting the purchasing power and economic conditions of the country.
History & Origin
The origin of the Sri Lankan Rupee dates back to the colonial era when various forms of trade currency were in use, including the Spanish dollar. The rupee was officially established as the national currency in 1872, replacing the Ceylonese rupee that was used previously. It aimed to standardize currency in Sri Lanka, facilitating trade and economic growth. The introduction of the rupee was a significant step towards modernizing the financial system of Sri Lanka, as it provided a singular unit for both local and international transactions, reflecting the country's economic identity.
Etymology: The term 'rupee' is derived from the Sanskrit word 'rūpya', meaning 'silver coin'.
Current Use
The Sri Lankan Rupee is primarily used within Sri Lanka for all domestic transactions, including retail purchases, services, and government payments. It is accepted widely across various sectors, including agriculture, manufacturing, and tourism. The currency is crucial for both residents and visitors, as it is the only legal tender for transactions within the country. The rupee's value is influenced by local economic conditions, inflation rates, and international market trends. In recent years, the Central Bank has worked to maintain the stability of the LKR amid economic challenges, employing monetary policies to control inflation and stabilize the currency. Internationally, the rupee is exchanged in forex markets, impacting trade agreements and investments.
💡 Fun Facts
- •The Sri Lankan Rupee is one of the oldest currencies still in circulation, dating back to the 19th century.
- •It is often abbreviated as LKR in international financial markets.
- •The rupee features unique designs and images that reflect Sri Lanka's cultural heritage.
📏 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.