Usd Converter
Convert Usd to Clp 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.
Chilean PesoCLP
Target UnitThe Chilean Peso (CLP) is the official currency of Chile, symbolized as CLP, and is subdivided into 100 centavos. It is issued by the Central Bank of Chile, with banknotes and coins in circulation. The peso's value fluctuates based on economic conditions, inflation, and monetary policy. It is an essential unit for pricing goods and services within the Chilean economy, serving as a medium of exchange, store of value, and unit of account. The Chilean Peso is used predominantly within the country's borders and is a critical component of trade and commerce in Chile.
Current Use
The Chilean Peso (CLP) is used primarily within Chile for all transactions, whether retail or wholesale. It is accepted for goods and services throughout the country and is vital for local businesses, consumers, and the government. The currency is also used in online banking and electronic transactions, reflecting modern financial practices. The exchange rate of the CLP against other currencies is monitored closely by traders and investors, impacting international trade and investment.
Fun Fact
The Chilean Peso was introduced in 1975, marking a significant shift in the country's economic policy.
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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
Chilean Peso
currency • Non-SI
Definition
The Chilean Peso (CLP) is the official currency of Chile, symbolized as CLP, and is subdivided into 100 centavos. It is issued by the Central Bank of Chile, with banknotes and coins in circulation. The peso's value fluctuates based on economic conditions, inflation, and monetary policy. It is an essential unit for pricing goods and services within the Chilean economy, serving as a medium of exchange, store of value, and unit of account. The Chilean Peso is used predominantly within the country's borders and is a critical component of trade and commerce in Chile.
History & Origin
The Chilean Peso was established in 1975, replacing the escudo as the national currency. The peso's introduction was part of a broader economic reform aimed at stabilizing the Chilean economy during a period of hyperinflation and economic turmoil. The currency's design and denominations have evolved over time to reflect national heritage and historical figures, while also adapting to modern security requirements to prevent counterfeiting.
Etymology: The word 'peso' derives from the Spanish term meaning 'weight', originally used to denote the weight of silver coins.
Current Use
The Chilean Peso (CLP) is used primarily within Chile for all transactions, whether retail or wholesale. It is accepted for goods and services throughout the country and is vital for local businesses, consumers, and the government. The currency is also used in online banking and electronic transactions, reflecting modern financial practices. The exchange rate of the CLP against other currencies is monitored closely by traders and investors, impacting international trade and investment.
💡 Fun Facts
- •The Chilean Peso was introduced in 1975, marking a significant shift in the country's economic policy.
- •Chile is one of the few countries in Latin America that does not have a centavo coin in circulation, as the smallest denomination is the 1 peso coin.
- •The Central Bank of Chile is responsible for the design and issuance of the peso, ensuring its security and integrity.
📏 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.