INR Indian Rupee
1 USD = 91.285 INR
Convert
MYR Malaysian Ringgit
1 USD = 3.942 MYR
Convert
SGD Singapore Dollar
1 USD = 1.27215 SGD
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JPY Japanese Yen
1 USD = 155.56 JPY
Convert
BDT Bangladeshi Taka
1 USD = 122.289200 BDT
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CNY Chinese Yuan
1 USD = 6.94778303 CNY
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HKD Hong Kong Dollar
1 USD = 7.81026887 HKD
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IDR Indonesian Rupiah
1 USD = 16801.6024 IDR
Convert
KHR Cambodian Riel
1 USD = 4024.00337 KHR
Convert
KRW South Korean Won
1 USD = 1455.23889 KRW
Convert
LAK Lao Kip
1 USD = 21500 LAK
Convert
LKR Sri Lankan Rupee
1 USD = 309.357094 LKR
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MVR Maldivian Rufiyaa
1 USD = 15.4200168 MVR
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NPR Nepalese Rupee
1 USD = 146.509459 NPR
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PHP Philippine Peso
1 USD = 58.9122092 PHP
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PKR Pakistani Rupee
1 USD = 279.896838 PKR
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THB Thai Baht
1 USD = 31.6219822 THB
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TWD Taiwanese Dollar
1 USD = 31.6344966 TWD
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VND Vietnamese Dong
1 USD = 25973.0462 VND
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EUR Euro
1 USD = 0.848033 EUR
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GBP British Pound Sterling
1 USD = 0.731663 GBP
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CHF Swiss Franc
1 USD = 0.7794 CHF
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BAM Bosnia and Herzegovina convertible mark
1 USD = 1.65188344 BAM
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BGN Bulgarian Lev
1 USD = 1.665 BGN
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CZK Czech Koruna
1 USD = 20.5241672 CZK
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DKK Danish Krone
1 USD = 6.30692265 DKK
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HRK Croatian Kuna
1 USD = 6.3909 HRK
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HUF Hungarian Forint
1 USD = 321.869673 HUF
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ISK Icelandic Krona
1 USD = 122.445901 ISK
Convert
MDL Moldovan Leu
1 USD = 16.8303299 MDL
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MKD Macedonian Denar
1 USD = 51.8658783 MKD
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NOK Norwegian Krone
1 USD = 9.68134766 NOK
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PLN Polish Zloty
1 USD = 3.56098118 PLN
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RON Romanian Leu
1 USD = 4.30333332 RON
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RSD Serbian Dinar
1 USD = 98.8842710 RSD
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RUB Russian Rouble
1 USD = 76.7107142 RUB
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SEK Swedish Krona
1 USD = 8.94307653 SEK
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TRY Turkish Lira
1 USD = 43.4934036 TRY
Convert
UAH Ukraine Hryvnia
1 USD = 42.9951505 UAH
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AED United Arab Emirates Dirham
1 USD = 3.673 AED
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SAR Saudi Riyal
1 USD = 3.7502 SAR
Convert
OMR Omani Rial
1 USD = 0.384975 OMR
Convert
BHD Bahraini Dinar
1 USD = 0.376995 BHD
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KWD Kuwaiti Dinar
1 USD = 0.3053 KWD
Convert
QAR Qatari Riyal
1 USD = 3.645 QAR
Convert
ILS Israeli Sheqel
1 USD = 3.10282922 ILS
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IRR Iranian Rial
1 USD = 1075000 IRR
Convert
JOD Jordanian Dinar
1 USD = 0.70902738 JOD
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LBP Lebanese Pound
1 USD = 89500 LBP
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SYP Syrian Pound
1 USD = 115.480937 SYP
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CAD Canadian Dollar
1 USD = 1.36715 CAD
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BMD Bermudian Dollar
1 USD = 1 BMD
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AWG Aruban Florin
1 USD = 1.79003378 AWG
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BBD Barbadian Dollar
1 USD = 2 BBD
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BSD Bahamian Dollar
1 USD = 1 BSD
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DOP Dominican Peso
1 USD = 63.1080236 DOP
Convert
GTQ Guatemalan Quetzal
1 USD = 7.66951013 GTQ
Convert
JMD Jamaican Dollar
1 USD = 156.676858 JMD
Convert
MXN Mexican Peso
1 USD = 17.4101294 MXN
Convert
PAB Panamanian Balboa
1 USD = 1 PAB
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XCD East Caribbean Dollar
1 USD = 2.7 XCD
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ARS Argentine Peso
1 USD = 1447.06106 ARS
Convert
BOB Bolivian Boliviano
1 USD = 6.90996621 BOB
Convert
BRL Brazilian Real
1 USD = 5.25575634 BRL
Convert
CLP Chilean Peso
1 USD = 872.301966 CLP
Convert
COP Colombian Peso
1 USD = 3684.02871 COP
Convert
PEN Peruvian Sol
1 USD = 3.36815878 PEN
Convert
PYG Paraguayan Guaraní
1 USD = 6658.19256 PYG
Convert
TTD Trinidad and Tobago Dollar
1 USD = 6.76359797 TTD
Convert
UYU Uruguayan Peso
1 USD = 38.6811655 UYU
Convert
VES Venezuelan Bolívar
1 USD = 369.791638 VES
Convert
ZAR South African Rand
1 USD = 16.0892 ZAR
Convert
BWP Botswana Pula
1 USD = 13.4589527 BWP
Convert
EGP Egyptian Pound
1 USD = 47.0320790 EGP
Convert
GHS Ghana Cedi
1 USD = 10.9387668 GHS
Convert
GMD Gambian Dalasi
1 USD = 71.6722972 GMD
Convert
KES Kenyan Shilling
1 USD = 129.002280 KES
Convert
MAD Moroccan Dirham
1 USD = 9.11824324 MAD
Convert
MGA Malagasy Ariary
1 USD = 4433.42905 MGA
Convert
MUR Mauritian Rupee
1 USD = 45.5231418 MUR
Convert
NAD Namibian Dollar
1 USD = 16.0282094 NAD
Convert
NGN Nigerian Naira
1 USD = 1386.55 NGN
Convert
SCR Seychellois Rupee
1 USD = 14.8049831 SCR
Convert
TND Tunisian Dinar
1 USD = 2.84986410 TND
Convert
UGX Ugandan Shilling
1 USD = 3567.06081 UGX
Convert
XAF Central African Franc
1 USD = 554.017736 XAF
Convert
XOF West African Franc
1 USD = 554.017736 XOF
Convert
The United States of America uses the U.S. dollar as its currency. It is abbreviated as US$ or USD. It is also known as the American dollar. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar and divided it into 100 cents. The U.S. banknotes are issued in the form of Federal Reserve Notes. It is also known as greenbacks due to its green colour.
The central bank of the U.S. is known as Federal Reserve.
The U.S. dollar emerged as an important international reserve currency in the 1920s. It replaced the British pound sterling as it emerged from the First World War relatively unaffected and hence America was a significant recipient of wartime gold inflows. To date, the U.S. dollar continues to be the world’s foremost reserve currency for international trade.
The U.S. currency has become the global currency. In the international markets, both the U.S. dollar and Euro are popular and are accepted in most nations. The U.S. dollar’s share of foreign currencies in the global banks is over 64 per cent. In the case of the Euro, it is about 20 per cent. Generally, the U.S. Dollar reflects the strength of the United States of America.
About 85 per cent of the international trade including oil happens in terms of the U.S. dollar. Around 40 per cent of loans across the globe are sanctioned in dollars. India imports heavily from America than what it exports there. The dollars we receive from America are less than what we end up paying them for procuring their goods. India will need to buy more dollars from banks that represent a small unit in the extensive foreign exchange market.
A fall in the U.S. dollar value corresponds to the price of inflation, which is a rise in the general level of the prices of goods and services in an economy over a period of time.
A Consumer Price Index (CPI) is a measure which estimates the average price of consumer goods and services purchased by households. The U.S. CPI will be published by the Bureau of Labor Statistics. The CPI reflects inflation as experienced by consumers in their day-to-day living expenses.
If an individual is a frequent flyer, then you will be aware that exchanging the Indian rupee for a dollar can be costly at the airport. One may end up an extra 12% in the form of margins for getting currency conversion at airports. The best alternative is to choose BookMyForex to convert rupees to dollar as one has to pay 0.8% - 1.5% on forex conversion.
Disclaimer: The currency rates are sourced from reliable sources. There maybe variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell or act based on the rates given. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on currency rates provided.