Usd Converter
Convert Usd to Bhd 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.
Bahraini DinarBHD
Target UnitThe Bahraini Dinar (BHD) is the official currency of the Kingdom of Bahrain. Introduced in 1965, the dinar is subdivided into 1,000 fils, and it is denoted by the ISO 4217 code BHD. The Bahraini Dinar was introduced to replace the Gulf rupee, and it is one of the highest-valued currencies in the world. The currency is issued and regulated by the Central Bank of Bahrain. As a fiat currency, its value is not backed by a physical commodity but is instead determined by the market forces of supply and demand.
Current Use
The Bahraini Dinar is used primarily in Bahrain, serving as the main legal tender for all transactions, both domestic and international. It is widely accepted for various financial activities, including shopping, banking, and investment. The dinar's stability and strength make it a preferred currency in the Gulf region and for expatriates living in Bahrain.
Fun Fact
The Bahraini Dinar is one of the highest-valued currencies in the world, often used as a benchmark for other currencies.
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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
Bahraini Dinar
currency • Non-SI
Definition
The Bahraini Dinar (BHD) is the official currency of the Kingdom of Bahrain. Introduced in 1965, the dinar is subdivided into 1,000 fils, and it is denoted by the ISO 4217 code BHD. The Bahraini Dinar was introduced to replace the Gulf rupee, and it is one of the highest-valued currencies in the world. The currency is issued and regulated by the Central Bank of Bahrain. As a fiat currency, its value is not backed by a physical commodity but is instead determined by the market forces of supply and demand.
History & Origin
The origins of the Bahraini Dinar can be traced back to the Gulf Rupee, which was in use during the British protectorate period in Bahrain. The dinar was introduced in 1965 as a part of Bahrain's move towards an independent monetary system as they gained independence from British rule in 1971. The dinar's design reflects Bahrain's rich cultural heritage, featuring elements such as traditional motifs and symbols of national significance.
Etymology: The term 'dinar' is derived from the Roman denarius, a silver coin that was used in ancient Rome. The name 'fils' is derived from the Arabic word for 'part' or 'fraction', emphasizing its role as a subdivision of the dinar.
Current Use
The Bahraini Dinar is used primarily in Bahrain, serving as the main legal tender for all transactions, both domestic and international. It is widely accepted for various financial activities, including shopping, banking, and investment. The dinar's stability and strength make it a preferred currency in the Gulf region and for expatriates living in Bahrain.
💡 Fun Facts
- •The Bahraini Dinar is one of the highest-valued currencies in the world, often used as a benchmark for other currencies.
- •Bahrain's banking sector is one of the largest in the Gulf region, contributing significantly to the demand for the dinar.
- •The design of the dinar features motifs from Bahrain's culture, including the famous Tree of Life and traditional Arabic calligraphy.
📏 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.