Usd Converter
Convert Usd to Afn 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.
Afghan AfghaniAFN
Target UnitThe Afghan Afghani (AFN) is the official currency of Afghanistan, introduced in 1925 to replace the Afghan rupee. The currency is subdivided into 100 pul, although the pul is rarely used in everyday transactions. The symbol for the Afghani is 'AFN', and it is issued by the Central Bank of Afghanistan, Da Afghanistan Bank. The Afghani underwent a significant devaluation during the civil conflict in the late 20th century, leading to various denominations being issued in both banknotes and coins to accommodate inflation and the needs of the economy.
Current Use
The Afghan Afghani is used exclusively within Afghanistan, serving as the primary medium of exchange for goods and services. Its use is prevalent in all sectors of the economy, including trade, services, and government transactions. Internationally, the Afghani is less recognized, with limited convertibility outside Afghanistan, although it can be exchanged at certain currency exchanges in neighboring countries.
Fun Fact
The Afghani was reintroduced in 2002 after the fall of the Taliban regime, significantly updating its appearance and security features.
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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
Afghan Afghani
currency • Non-SI
Definition
The Afghan Afghani (AFN) is the official currency of Afghanistan, introduced in 1925 to replace the Afghan rupee. The currency is subdivided into 100 pul, although the pul is rarely used in everyday transactions. The symbol for the Afghani is 'AFN', and it is issued by the Central Bank of Afghanistan, Da Afghanistan Bank. The Afghani underwent a significant devaluation during the civil conflict in the late 20th century, leading to various denominations being issued in both banknotes and coins to accommodate inflation and the needs of the economy.
History & Origin
The Afghan Afghani was first introduced in 1925, replacing the Afghan rupee due to the need for a more stable and nationally recognized currency. The currency was named after the Afghans, reflecting national identity and pride. The introduction aimed to standardize monetary transactions within Afghanistan, which was essential during a period of modernization and economic reform.
Etymology: The term 'Afghani' derives from 'Afghan', referring to the people of Afghanistan. The suffix '-i' denotes belonging or relation, thus directly translating to 'of the Afghan'.
Current Use
The Afghan Afghani is used exclusively within Afghanistan, serving as the primary medium of exchange for goods and services. Its use is prevalent in all sectors of the economy, including trade, services, and government transactions. Internationally, the Afghani is less recognized, with limited convertibility outside Afghanistan, although it can be exchanged at certain currency exchanges in neighboring countries.
💡 Fun Facts
- •The Afghani was reintroduced in 2002 after the fall of the Taliban regime, significantly updating its appearance and security features.
- •The currency is only accepted in Afghanistan, and its international exchange is limited compared to major currencies like USD or EUR.
- •The Central Bank of Afghanistan has faced numerous challenges in stabilizing the Afghani amidst political and economic turbulence.
📏 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.