Usd Converter
Convert Usd to Uah 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.
Ukrainian HryvniaUAH
Target UnitThe Ukrainian Hryvnia (UAH) is the national currency of Ukraine, introduced in 1996 to replace the karbovanets. It is subdivided into 100 kopiykas and is denoted by the symbol '₴'. The currency is regulated by the National Bank of Ukraine and serves as the primary medium of exchange within the country. The Hryvnia was established to stabilize the economy post-independence and has undergone several adjustments and devaluations, reflecting Ukraine's economic conditions. UAH is crucial for both domestic and international transactions involving Ukraine.
Current Use
Today, UAH is used exclusively in Ukraine for all transactions, both in retail and wholesale markets. It is recognized as a medium for monetary policy by the National Bank of Ukraine, which manages its supply and value. The Hryvnia is also used in international trade agreements involving Ukraine, especially with neighboring countries. Additionally, it is accepted in some border areas for trade with local currencies.
Fun Fact
The symbol '₴' for Hryvnia was officially adopted in 2018.
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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
Ukrainian Hryvnia
currency • Non-SI
Definition
The Ukrainian Hryvnia (UAH) is the national currency of Ukraine, introduced in 1996 to replace the karbovanets. It is subdivided into 100 kopiykas and is denoted by the symbol '₴'. The currency is regulated by the National Bank of Ukraine and serves as the primary medium of exchange within the country. The Hryvnia was established to stabilize the economy post-independence and has undergone several adjustments and devaluations, reflecting Ukraine's economic conditions. UAH is crucial for both domestic and international transactions involving Ukraine.
History & Origin
The Hryvnia's roots trace back to the 14th century when it was originally a silver coin used in the region of modern Ukraine. However, the modern Hryvnia was established in 1996 amid Ukraine's transition to a market economy following independence from the Soviet Union. It was created to replace the karbovanets, which experienced hyperinflation. The name 'Hryvnia' is derived from the medieval currency and reflects Ukraine's historical legacy.
Etymology: The term 'Hryvnia' comes from the word 'hryvna', which refers to a historical unit of measurement of weight, particularly silver, used in ancient Ukraine.
Current Use
Today, UAH is used exclusively in Ukraine for all transactions, both in retail and wholesale markets. It is recognized as a medium for monetary policy by the National Bank of Ukraine, which manages its supply and value. The Hryvnia is also used in international trade agreements involving Ukraine, especially with neighboring countries. Additionally, it is accepted in some border areas for trade with local currencies.
💡 Fun Facts
- •The symbol '₴' for Hryvnia was officially adopted in 2018.
- •In 2014, the Hryvnia saw a dramatic devaluation due to political and economic instability.
- •Hryvnia banknotes are known for their unique designs, featuring famous Ukrainian artists and 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.