Convert Usd to Rub and more • 166 conversions
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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.
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.
The U.S. dollar is the most widely used currency for global trade.
The ruble (₽) is the official currency of the Russian Federation and is recognized as one of the oldest currencies still in use today. The ruble is subdivided into 100 kopecks, which are represented by the symbol 'коп.' It is governed by the Central Bank of Russia, which manages monetary policy and ensures currency stability. The ruble is further classified into various denominations, including banknotes and coins. It has a complex history influenced by various political, social, and economic changes in Russia, reflecting the country's transition from a planned economy to a market-oriented one. The ruble's value fluctuates in response to global economic conditions, commodity prices, and domestic financial policies.
The Russian ruble (₽) is primarily used within the Russian Federation as its official currency, playing a critical role in everyday transactions, savings, and economic planning. It is accepted for all forms of payment, from retail purchases to government transactions. The ruble is also used in some neighboring countries and territories. In recent years, the Russian government has been advocating for the ruble's use in international trade agreements, particularly with countries that are part of the Eurasian Economic Union. This has led to discussions about a potential de-dollarization of the economy, aiming to reduce reliance on the US dollar. The ruble's exchange rates are closely monitored by international investors and can influence foreign investment decisions in Russia. Various financial instruments, including ruble-denominated bonds and equities, are traded in global markets, showcasing the ruble's importance in international finance.
The ruble was used as a form of currency long before it became an official currency.
= × 1.00000To convert to , multiply the value by 1.00000. This conversion factor represents the ratio between these two units.
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currency • Non-SI
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.
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.
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.
currency • Non-SI
The ruble (₽) is the official currency of the Russian Federation and is recognized as one of the oldest currencies still in use today. The ruble is subdivided into 100 kopecks, which are represented by the symbol 'коп.' It is governed by the Central Bank of Russia, which manages monetary policy and ensures currency stability. The ruble is further classified into various denominations, including banknotes and coins. It has a complex history influenced by various political, social, and economic changes in Russia, reflecting the country's transition from a planned economy to a market-oriented one. The ruble's value fluctuates in response to global economic conditions, commodity prices, and domestic financial policies.
The ruble's origins trace back to the 13th century when it was used as a term for a silver ingot or a piece of money. Initially, it was derived from the Russian word 'рубить' (to chop), implying that it was a unit that could be 'chopped' into smaller pieces for transactions. The first official ruble was minted in the late 15th century, during the reign of Ivan III, establishing it as a standard currency in Russia. Over the centuries, the ruble evolved, influenced by various political regimes, wars, and economic reforms, and became a symbol of Russian identity and sovereignty.
Etymology: The word 'ruble' comes from the Russian verb 'рубить', meaning 'to chop', which originally referred to the practice of cutting silver into pieces to create currency.
The Russian ruble (₽) is primarily used within the Russian Federation as its official currency, playing a critical role in everyday transactions, savings, and economic planning. It is accepted for all forms of payment, from retail purchases to government transactions. The ruble is also used in some neighboring countries and territories. In recent years, the Russian government has been advocating for the ruble's use in international trade agreements, particularly with countries that are part of the Eurasian Economic Union. This has led to discussions about a potential de-dollarization of the economy, aiming to reduce reliance on the US dollar. The ruble's exchange rates are closely monitored by international investors and can influence foreign investment decisions in Russia. Various financial instruments, including ruble-denominated bonds and equities, are traded in global markets, showcasing the ruble's importance in international finance.
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