Usd Converter
Convert Usd to Inr 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.
Indian Rupee₹
Target UnitThe Indian Rupee (INR) is the official currency of India, symbolized by ₹. It is subdivided into 100 paise and is issued and regulated by the Reserve Bank of India. The currency is classified as a fiat currency, meaning it has no intrinsic value and is not backed by physical commodities like gold or silver. The INR is used as a medium of exchange in India and is also accepted in some neighboring countries. The design of the Indian Rupee has evolved over time, featuring various designs and images of prominent leaders and cultural symbols. The exchange rate of the INR to other currencies fluctuates based on economic indicators, trade balances, and market demand.
Current Use
The Indian Rupee (INR) is predominantly used in India, where it serves as the primary currency for all transactions, from retail purchases to large-scale investments. As one of the most traded currencies in the world, the INR is also used in international trade agreements and foreign investments, particularly within South Asia. The currency is accepted in various sectors, including retail, hospitality, and e-commerce. In recent years, there has been a growing trend of digital payments in India, with platforms such as UPI (Unified Payments Interface) facilitating cashless transactions. Additionally, the INR is sometimes used informally in neighboring countries like Nepal and Bhutan, further extending its usage beyond India. The Reserve Bank of India actively manages the currency's stability through monetary policies and interventions in the foreign exchange market.
Fun Fact
The Indian Rupee is one of the oldest currencies still in use today.
Convert US Dollar to Indian Rupee
Converting US Dollar to Indian Rupee is essential for international finance and travel. Our tool updates continuously to provide the best data.
Multiplies the amount in US Dollar by the current exchange rate.
US Dollar
Definition
The official currency of the United States.
Origins & History
Established in 1792.
Indian Rupee
Definition
The official currency of India.
Origins & History
Derived from the silver coin, rupiya.
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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
Indian Rupee
currency • Non-SI
Definition
The Indian Rupee (INR) is the official currency of India, symbolized by ₹. It is subdivided into 100 paise and is issued and regulated by the Reserve Bank of India. The currency is classified as a fiat currency, meaning it has no intrinsic value and is not backed by physical commodities like gold or silver. The INR is used as a medium of exchange in India and is also accepted in some neighboring countries. The design of the Indian Rupee has evolved over time, featuring various designs and images of prominent leaders and cultural symbols. The exchange rate of the INR to other currencies fluctuates based on economic indicators, trade balances, and market demand.
History & Origin
The origin of the Indian Rupee can be traced back to the 6th century BCE when silver coins called 'rupya' were used in the Indian subcontinent. The term 'rupee' itself is derived from the Sanskrit word 'rūpya,' which means 'silver coin.' The modern Indian Rupee was established during the British colonial period, where it took the form of a decimalized currency system. The first Indian banknotes were introduced in 1861, with the British government issuing the currency. After India gained independence in 1947, the Indian government took control of the currency, and the Reserve Bank of India became the sole issuer of banknotes.
Etymology: The word 'rupee' originates from the Sanskrit word 'rūpya,' meaning 'wrought silver' or 'a coin of silver.'
Current Use
The Indian Rupee (INR) is predominantly used in India, where it serves as the primary currency for all transactions, from retail purchases to large-scale investments. As one of the most traded currencies in the world, the INR is also used in international trade agreements and foreign investments, particularly within South Asia. The currency is accepted in various sectors, including retail, hospitality, and e-commerce. In recent years, there has been a growing trend of digital payments in India, with platforms such as UPI (Unified Payments Interface) facilitating cashless transactions. Additionally, the INR is sometimes used informally in neighboring countries like Nepal and Bhutan, further extending its usage beyond India. The Reserve Bank of India actively manages the currency's stability through monetary policies and interventions in the foreign exchange market.
💡 Fun Facts
- •The Indian Rupee is one of the oldest currencies still in use today.
- •The ₹ symbol was officially adopted in 2010 and was designed by D. Udaya Kumar.
- •India's economy is the sixth largest in the world by nominal GDP, leading to significant global interest in the INR.
📏 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.