Usd Converter
Convert Usd to Thb 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.
Thai BahtTHB
Target UnitThe Thai Baht (THB) is the official currency of Thailand, subdivided into 100 satang. It is represented by the symbol '฿' and is issued by the Bank of Thailand. The baht is used in various forms including coins and banknotes, with coins available in denominations of 25 and 50 satang, and 1, 2, 5, and 10 baht, while banknotes come in denominations of 20, 50, 100, 500, and 1000 baht. The currency is a crucial component of Thailand's economy, facilitating transactions and trade within the nation and with international partners.
Current Use
Today, the Thai Baht is widely used in Thailand and is accepted for all domestic transactions. It plays a vital role in tourism, as Thailand is a popular destination for travelers. Foreign visitors often exchange their currencies for baht to facilitate purchases in shops, hotels, restaurants, and markets. The baht is also commonly used in online transactions and financial exchanges within the country, contributing to the overall economic stability of Thailand.
Fun Fact
The Thai Baht has a symbol '฿' that resembles a capital 'B' with a line through it, indicating its status as a currency.
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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
Thai Baht
currency • Non-SI
Definition
The Thai Baht (THB) is the official currency of Thailand, subdivided into 100 satang. It is represented by the symbol '฿' and is issued by the Bank of Thailand. The baht is used in various forms including coins and banknotes, with coins available in denominations of 25 and 50 satang, and 1, 2, 5, and 10 baht, while banknotes come in denominations of 20, 50, 100, 500, and 1000 baht. The currency is a crucial component of Thailand's economy, facilitating transactions and trade within the nation and with international partners.
History & Origin
The baht has a rich history that dates back to the 19th century when it was originally a unit of weight used for silver. The term 'baht' comes from the Thai word for 'weight' and was used to measure silver bars. In 1902, the baht was officially adopted as the currency of Thailand, replacing the tical, which was the previous currency. The baht was pegged to the British pound until 1932, then to the US dollar until 1978, when it was allowed to float freely against other currencies.
Etymology: The word 'baht' is derived from the Thai term 'บาท', which refers to a unit of weight and is associated with the historical use of silver as currency.
Current Use
Today, the Thai Baht is widely used in Thailand and is accepted for all domestic transactions. It plays a vital role in tourism, as Thailand is a popular destination for travelers. Foreign visitors often exchange their currencies for baht to facilitate purchases in shops, hotels, restaurants, and markets. The baht is also commonly used in online transactions and financial exchanges within the country, contributing to the overall economic stability of Thailand.
💡 Fun Facts
- •The Thai Baht has a symbol '฿' that resembles a capital 'B' with a line through it, indicating its status as a currency.
- •The baht is one of the oldest currencies still in use today, with origins tracing back to its use as a silver weight.
- •Thailand uses a unique system of coins and banknotes, with coins made from various metals and banknotes featuring significant historical figures.
📏 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.