INR Indian Rupee
1 USD = 89.56 INR
Convert
MYR Malaysian Ringgit
1 USD = 4.077 MYR
Convert
SGD Singapore Dollar
1 USD = 1.29235 SGD
Convert
JPY Japanese Yen
1 USD = 157.455 JPY
Convert
BDT Bangladeshi Taka
1 USD = 122.238585 BDT
Convert
CNY Chinese Yuan
1 USD = 7.04108102 CNY
Convert
HKD Hong Kong Dollar
1 USD = 7.78132741 HKD
Convert
IDR Indonesian Rupiah
1 USD = 16746.0082 IDR
Convert
KHR Cambodian Riel
1 USD = 4006.96305 KHR
Convert
KRW South Korean Won
1 USD = 1478.42611 KRW
Convert
LAK Lao Kip
1 USD = 21672.2891 LAK
Convert
LKR Sri Lankan Rupee
1 USD = 309.651762 LKR
Convert
MVR Maldivian Rufiyaa
1 USD = 15.4100179 MVR
Convert
NPR Nepalese Rupee
1 USD = 144.419831 NPR
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PHP Philippine Peso
1 USD = 58.6655852 PHP
Convert
PKR Pakistani Rupee
1 USD = 280.302737 PKR
Convert
THB Thai Baht
1 USD = 31.4318797 THB
Convert
TWD Taiwanese Dollar
1 USD = 31.5630677 TWD
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VND Vietnamese Dong
1 USD = 26314.3156 VND
Convert
EUR Euro
1 USD = 0.853279 EUR
Convert
GBP British Pound Sterling
1 USD = 0.747552 GBP
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CHF Swiss Franc
1 USD = 0.79525 CHF
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BAM Bosnia and Herzegovina convertible mark
1 USD = 1.66893932 BAM
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BGN Bulgarian Lev
1 USD = 1.66992379 BGN
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CZK Czech Koruna
1 USD = 20.7834026 CZK
Convert
DKK Danish Krone
1 USD = 6.37914243 DKK
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HRK Croatian Kuna
1 USD = 6.43095 HRK
Convert
HUF Hungarian Forint
1 USD = 330.366302 HUF
Convert
ISK Icelandic Krona
1 USD = 125.757479 ISK
Convert
MDL Moldovan Leu
1 USD = 16.9237399 MDL
Convert
MKD Macedonian Denar
1 USD = 52.3729840 MKD
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NOK Norwegian Krone
1 USD = 10.1789502 NOK
Convert
PLN Polish Zloty
1 USD = 3.59529488 PLN
Convert
RON Romanian Leu
1 USD = 4.34550770 RON
Convert
RSD Serbian Dinar
1 USD = 100.166877 RSD
Convert
RUB Russian Rouble
1 USD = 80.4611111 RUB
Convert
SEK Swedish Krona
1 USD = 9.31126669 SEK
Convert
TRY Turkish Lira
1 USD = 42.7249720 TRY
Convert
UAH Ukraine Hryvnia
1 USD = 42.2628870 UAH
Convert
AED United Arab Emirates Dirham
1 USD = 3.6729 AED
Convert
SAR Saudi Riyal
1 USD = 3.7508 SAR
Convert
OMR Omani Rial
1 USD = 0.38493 OMR
Convert
BHD Bahraini Dinar
1 USD = 0.376995 BHD
Convert
KWD Kuwaiti Dinar
1 USD = 0.30717 KWD
Convert
QAR Qatari Riyal
1 USD = 3.6448 QAR
Convert
ILS Israeli Sheqel
1 USD = 3.20938091 ILS
Convert
IRR Iranian Rial
1 USD = 41832.5581 IRR
Convert
JOD Jordanian Dinar
1 USD = 0.70899728 JOD
Convert
LBP Lebanese Pound
1 USD = 80200.0000 LBP
Convert
SYP Syrian Pound
1 USD = 11069.5384 SYP
Convert
CAD Canadian Dollar
1 USD = 1.3783 CAD
Convert
BMD Bermudian Dollar
1 USD = 1 BMD
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AWG Aruban Florin
1 USD = 1.78999915 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 = 62.7044065 DOP
Convert
GTQ Guatemalan Quetzal
1 USD = 7.65662599 GTQ
Convert
JMD Jamaican Dollar
1 USD = 159.915265 JMD
Convert
MXN Mexican Peso
1 USD = 18.0221949 MXN
Convert
PAB Panamanian Balboa
1 USD = 1 PAB
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XCD East Caribbean Dollar
1 USD = 2.69997440 XCD
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ARS Argentine Peso
1 USD = 1450.67314 ARS
Convert
BOB Bolivian Boliviano
1 USD = 6.90924044 BOB
Convert
BRL Brazilian Real
1 USD = 5.52199056 BRL
Convert
CLP Chilean Peso
1 USD = 910.821084 CLP
Convert
COP Colombian Peso
1 USD = 3863.03672 COP
Convert
PEN Peruvian Sol
1 USD = 3.36642565 PEN
Convert
PYG Paraguayan Guaraní
1 USD = 6688.21513 PYG
Convert
TTD Trinidad and Tobago Dollar
1 USD = 6.77335950 TTD
Convert
UYU Uruguayan Peso
1 USD = 39.2138830 UYU
Convert
VES Venezuelan Bolívar
1 USD = 279.004171 VES
Convert
ZAR South African Rand
1 USD = 16.7507 ZAR
Convert
BWP Botswana Pula
1 USD = 13.9470091 BWP
Convert
EGP Egyptian Pound
1 USD = 47.5910374 EGP
Convert
GHS Ghana Cedi
1 USD = 11.5148050 GHS
Convert
GMD Gambian Dalasi
1 USD = 71.9088659 GMD
Convert
KES Kenyan Shilling
1 USD = 128.923372 KES
Convert
MAD Moroccan Dirham
1 USD = 9.15265807 MAD
Convert
MGA Malagasy Ariary
1 USD = 4533.50115 MGA
Convert
MUR Mauritian Rupee
1 USD = 46.0400204 MUR
Convert
NAD Namibian Dollar
1 USD = 16.7772847 NAD
Convert
NGN Nigerian Naira
1 USD = 1455.50004 NGN
Convert
SCR Seychellois Rupee
1 USD = 14.9172284 SCR
Convert
TND Tunisian Dinar
1 USD = 2.91659878 TND
Convert
UGX Ugandan Shilling
1 USD = 3565.65406 UGX
Convert
XAF Central African Franc
1 USD = 559.738032 XAF
Convert
XOF West African Franc
1 USD = 559.738032 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.