Usd Converter
Convert Usd to Jod 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.
Jordanian DinarJOD
Target UnitThe Jordanian Dinar (JOD) is the official currency of the Hashemite Kingdom of Jordan, introduced in 1949 as a replacement for the Palestinian pound. It is subdivided into 10 dirhams, 100 qirsh, or 1000 fils. The currency is denoted by the symbol 'د.ا' and is issued by the Central Bank of Jordan. The JOD is a fiat currency, meaning it is backed by the government rather than a physical commodity. Its value is influenced by various factors, including economic conditions, market demand, and geopolitical stability in the region. The JOD is often used as a stable store of value in the Middle East and is accepted in some neighboring countries, enhancing its significance in regional trade.
Current Use
The Jordanian Dinar is widely used in Jordan for all transactions, from daily purchases to large-scale trade agreements. It is accepted in retail, hospitality, transportation, and various service industries. The dinar has become a crucial element in financial dealings, both domestically and internationally. In addition to its use within Jordan, the JOD is also exchanged in some neighboring countries, making it an important currency in the region. For instance, in Palestinian territories, the dinar is commonly accepted due to historical ties. The stability of the JOD makes it a preferred currency for expatriates and international businesses operating in Jordan, contributing to its liquidity in local and regional markets.
Fun Fact
The Jordanian Dinar has one of the highest values of any currency in the Arab world.
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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
Jordanian Dinar
currency • Non-SI
Definition
The Jordanian Dinar (JOD) is the official currency of the Hashemite Kingdom of Jordan, introduced in 1949 as a replacement for the Palestinian pound. It is subdivided into 10 dirhams, 100 qirsh, or 1000 fils. The currency is denoted by the symbol 'د.ا' and is issued by the Central Bank of Jordan. The JOD is a fiat currency, meaning it is backed by the government rather than a physical commodity. Its value is influenced by various factors, including economic conditions, market demand, and geopolitical stability in the region. The JOD is often used as a stable store of value in the Middle East and is accepted in some neighboring countries, enhancing its significance in regional trade.
History & Origin
The Jordanian Dinar's origin dates back to the establishment of Jordan as a state in 1946. Initially, the currency was tied to the British pound, reflecting the country's colonial history. The dinar was introduced in 1949 to replace the Palestinian pound, which was the previous currency used in the region. The dinar was named after the Roman denarius, a silver coin used in ancient Rome, symbolizing its historical significance and value. The dinar has maintained its status over the decades despite regional economic challenges.
Etymology: The term 'dinar' derives from the Latin word 'denarius', which was a silver coin used in ancient Rome.
Current Use
The Jordanian Dinar is widely used in Jordan for all transactions, from daily purchases to large-scale trade agreements. It is accepted in retail, hospitality, transportation, and various service industries. The dinar has become a crucial element in financial dealings, both domestically and internationally. In addition to its use within Jordan, the JOD is also exchanged in some neighboring countries, making it an important currency in the region. For instance, in Palestinian territories, the dinar is commonly accepted due to historical ties. The stability of the JOD makes it a preferred currency for expatriates and international businesses operating in Jordan, contributing to its liquidity in local and regional markets.
💡 Fun Facts
- •The Jordanian Dinar has one of the highest values of any currency in the Arab world.
- •Jordan's currency was initially pegged to the British pound before moving to the U.S. dollar.
- •The dinar's symbol 'د.ا' is derived from the Arabic script, showcasing its cultural significance.
📏 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.