Usd Converter
Convert Usd to Top 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.
TopTOP
Target UnitThe Tongan Paʻanga (TOP) is the official currency of the Kingdom of Tonga, introduced in 1967 to replace the New Zealand dollar. It is subdivided into 100 seniti. The currency is issued by the National Reserve Bank of Tonga and is used throughout the island nation, which consists of more than 170 islands. The Paʻanga is pegged to the New Zealand dollar, providing stability to its value. The symbol 'TOP' is used in international financial transactions and is recognized for trade and exchange.
Current Use
The Tongan Paʻanga is used exclusively in Tonga for all domestic transactions, including goods, services, and tourism. It is accepted in various forms, including coins and banknotes, with denominations reflecting everyday needs. The currency is also used in remittances, as many Tongans live abroad and send money back home, bolstering the local economy.
Fun Fact
The Tongan Paʻanga is one of the few currencies that uses the symbol 'TOP'.
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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
Top
currency • Non-SI
Definition
The Tongan Paʻanga (TOP) is the official currency of the Kingdom of Tonga, introduced in 1967 to replace the New Zealand dollar. It is subdivided into 100 seniti. The currency is issued by the National Reserve Bank of Tonga and is used throughout the island nation, which consists of more than 170 islands. The Paʻanga is pegged to the New Zealand dollar, providing stability to its value. The symbol 'TOP' is used in international financial transactions and is recognized for trade and exchange.
History & Origin
The origins of the Tongan Paʻanga date back to the late 1960s when the Tongan government sought to establish a national currency to bolster economic independence. Prior to the introduction of the Paʻanga, the New Zealand dollar was widely used in Tonga, which created uncertainty and economic challenges. The Paʻanga was introduced to facilitate local transactions and reinforce the Tongan economy.
Etymology: The word 'Paʻanga' is derived from the Tongan language, meaning 'to shine' or 'to illuminate', reflecting the cultural significance of wealth and prosperity.
Current Use
The Tongan Paʻanga is used exclusively in Tonga for all domestic transactions, including goods, services, and tourism. It is accepted in various forms, including coins and banknotes, with denominations reflecting everyday needs. The currency is also used in remittances, as many Tongans live abroad and send money back home, bolstering the local economy.
💡 Fun Facts
- •The Tongan Paʻanga is one of the few currencies that uses the symbol 'TOP'.
- •Tonga has a unique system of 'kava' ceremonies, and the currency is often used in these cultural exchanges.
- •The Tongan Paʻanga is commonly used in remittances, with significant amounts sent back from Tongans living abroad.
📏 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.