Usd Converter
Convert Usd to Sar 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.
Saudi RiyalSAR
Target UnitThe Saudi Riyal (SAR) is the official currency of the Kingdom of Saudi Arabia, subdivided into 100 halalas. It is issued by the Saudi Arabian Monetary Authority (SAMA) and is a fiat currency, meaning it is not backed by a physical commodity but by the economic stability of Saudi Arabia. The currency is denoted by the symbol 'SAR' and is one of the most widely used currencies in the Middle East. As of recent evaluations, it is pegged to the US dollar, maintaining a fixed exchange rate of approximately 3.75 SAR to 1 USD.
Current Use
Today, the Saudi Riyal is used extensively within Saudi Arabia for all forms of trade, commerce, and daily transactions. It is accepted in various sectors including retail, finance, and tourism. The Riyal has a significant role in the oil economy, given Saudi Arabia's status as one of the leading oil producers globally. The currency is also traded in foreign exchange markets, reflecting its importance in international finance.
Fun Fact
The Saudi Riyal is one of the oldest currencies still in use today, dating back to the early 20th 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
Saudi Riyal
currency • Non-SI
Definition
The Saudi Riyal (SAR) is the official currency of the Kingdom of Saudi Arabia, subdivided into 100 halalas. It is issued by the Saudi Arabian Monetary Authority (SAMA) and is a fiat currency, meaning it is not backed by a physical commodity but by the economic stability of Saudi Arabia. The currency is denoted by the symbol 'SAR' and is one of the most widely used currencies in the Middle East. As of recent evaluations, it is pegged to the US dollar, maintaining a fixed exchange rate of approximately 3.75 SAR to 1 USD.
History & Origin
The Saudi Riyal's origins trace back to the 1920s when it was first introduced as a currency in the Hejaz region. After the unification of Saudi Arabia in 1932, the Riyal became the official currency of the Kingdom. The name 'Riyal' is derived from the Spanish 'real', which was used in the Spanish colonies in the Americas. The adoption of the Riyal symbolized a move toward a unified economic structure as the nation developed its oil industry and trade networks.
Etymology: The term 'Riyal' comes from the Spanish word 'real', which means 'royal'.
Current Use
Today, the Saudi Riyal is used extensively within Saudi Arabia for all forms of trade, commerce, and daily transactions. It is accepted in various sectors including retail, finance, and tourism. The Riyal has a significant role in the oil economy, given Saudi Arabia's status as one of the leading oil producers globally. The currency is also traded in foreign exchange markets, reflecting its importance in international finance.
💡 Fun Facts
- •The Saudi Riyal is one of the oldest currencies still in use today, dating back to the early 20th century.
- •Saudi Arabian banknotes feature prominent national figures and landmarks, including images of King Abdulaziz.
- •The Riyal is pegged to the US dollar at an exchange rate of approximately 3.75 SAR to 1 USD, providing economic stability.
📏 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.