Usd Converter
Convert Usd to Szl 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.
Swazi LilangeniSZL
Target UnitThe Swazi Lilangeni (SZL) is the official currency of the Kingdom of Eswatini (formerly Swaziland), established in 1974. It is subdivided into 100 cents and is pegged to the South African Rand (ZAR) at par. This peg allows the Lilangeni to maintain stability and facilitates trade between the two countries. The currency is issued by the Central Bank of Eswatini and is recognized in all transactions within the country. The Lilangeni is used for various monetary transactions, including daily purchases, investments, and savings, underpinning the economic activities of Eswatini. The currency symbol, SZL, is widely accepted both in physical and digital formats, signifying its importance in the local economy.
Current Use
The Swazi Lilangeni is used primarily within Eswatini for all forms of monetary transactions. It is accepted in retail, banking, and governmental operations, playing a pivotal role in the economic activities of the nation. The Lilangeni functions as the primary means of exchange for everyday purchases, business transactions, and savings. The currency is also utilized in tourism, as Eswatini attracts visitors from neighboring countries who often exchange their currencies for Lilangeni. Additionally, with the advent of technology, digital payments in Lilangeni have become more common, enhancing the efficiency of transactions.
Fun Fact
The Lilangeni is one of the few currencies in the world that is pegged directly to another currency at par.
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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
Swazi Lilangeni
currency • Non-SI
Definition
The Swazi Lilangeni (SZL) is the official currency of the Kingdom of Eswatini (formerly Swaziland), established in 1974. It is subdivided into 100 cents and is pegged to the South African Rand (ZAR) at par. This peg allows the Lilangeni to maintain stability and facilitates trade between the two countries. The currency is issued by the Central Bank of Eswatini and is recognized in all transactions within the country. The Lilangeni is used for various monetary transactions, including daily purchases, investments, and savings, underpinning the economic activities of Eswatini. The currency symbol, SZL, is widely accepted both in physical and digital formats, signifying its importance in the local economy.
History & Origin
The Swazi Lilangeni was introduced in 1974, replacing the South African Rand as the official currency of Eswatini. The decision to adopt its own currency was influenced by a desire for economic independence and to strengthen national identity. The name 'Lilangeni' means 'a swarm of bees' in siSwati, symbolizing industriousness and the hard work of the Swazi people. The Lilangeni is also used alongside the South African Rand, which circulates freely in Eswatini, reflecting the close economic ties between the two countries. The Central Bank of Eswatini manages the currency and ensures its stability, facilitating local and international trade.
Etymology: The word 'Lilangeni' comes from the siSwati language, meaning 'a swarm of bees'.
Current Use
The Swazi Lilangeni is used primarily within Eswatini for all forms of monetary transactions. It is accepted in retail, banking, and governmental operations, playing a pivotal role in the economic activities of the nation. The Lilangeni functions as the primary means of exchange for everyday purchases, business transactions, and savings. The currency is also utilized in tourism, as Eswatini attracts visitors from neighboring countries who often exchange their currencies for Lilangeni. Additionally, with the advent of technology, digital payments in Lilangeni have become more common, enhancing the efficiency of transactions.
💡 Fun Facts
- •The Lilangeni is one of the few currencies in the world that is pegged directly to another currency at par.
- •The name 'Lilangeni' symbolizes industriousness and reflects the Swazi culture.
- •Eswatini is one of the last absolute monarchies in Africa, and its currency reflects national pride.
📏 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.