INR Indian Rupee
1 USD = 93.5509 INR
Convert
MYR Malaysian Ringgit
1 USD = 4.0355 MYR
Convert
SGD Singapore Dollar
1 USD = 1.2851 SGD
Convert
JPY Japanese Yen
1 USD = 158.725 JPY
Convert
BDT Bangladeshi Taka
1 USD = 122.741349 BDT
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CNY Chinese Yuan
1 USD = 6.90260043 CNY
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HKD Hong Kong Dollar
1 USD = 7.83912667 HKD
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IDR Indonesian Rupiah
1 USD = 16986.8742 IDR
Convert
KHR Cambodian Riel
1 USD = 4007.21864 KHR
Convert
KRW South Korean Won
1 USD = 1526.45480 KRW
Convert
LAK Lao Kip
1 USD = 21522.2222 LAK
Convert
LKR Sri Lankan Rupee
1 USD = 315.539224 LKR
Convert
MVR Maldivian Rufiyaa
1 USD = 15.4199860 MVR
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NPR Nepalese Rupee
1 USD = 150.118368 NPR
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PHP Philippine Peso
1 USD = 60.7030141 PHP
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PKR Pakistani Rupee
1 USD = 279.414396 PKR
Convert
THB Thai Baht
1 USD = 32.8559813 THB
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TWD Taiwanese Dollar
1 USD = 32.0872421 TWD
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VND Vietnamese Dong
1 USD = 26343.2909 VND
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EUR Euro
1 USD = 0.864603 EUR
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GBP British Pound Sterling
1 USD = 0.755344 GBP
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CHF Swiss Franc
1 USD = 0.7979 CHF
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BAM Bosnia and Herzegovina convertible mark
1 USD = 1.70101756 BAM
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BGN Bulgarian Lev
1 USD = 1.68945 BGN
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CZK Czech Koruna
1 USD = 21.3258712 CZK
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DKK Danish Krone
1 USD = 6.50074324 DKK
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HRK Croatian Kuna
1 USD = 6.5086 HRK
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HUF Hungarian Forint
1 USD = 334.905546 HUF
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ISK Icelandic Krona
1 USD = 124.903587 ISK
Convert
MDL Moldovan Leu
1 USD = 17.6300161 MDL
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MKD Macedonian Denar
1 USD = 53.7863106 MKD
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NOK Norwegian Krone
1 USD = 9.74260241 NOK
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PLN Polish Zloty
1 USD = 3.73128767 PLN
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RON Romanian Leu
1 USD = 4.43580863 RON
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RSD Serbian Dinar
1 USD = 102.383656 RSD
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RUB Russian Rouble
1 USD = 81.4568230 RUB
Convert
SEK Swedish Krona
1 USD = 9.51228971 SEK
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TRY Turkish Lira
1 USD = 44.5050846 TRY
Convert
UAH Ukraine Hryvnia
1 USD = 43.8940719 UAH
Convert
AED United Arab Emirates Dirham
1 USD = 3.6725 AED
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SAR Saudi Riyal
1 USD = 3.7526 SAR
Convert
OMR Omani Rial
1 USD = 0.384975 OMR
Convert
BHD Bahraini Dinar
1 USD = 0.37755 BHD
Convert
KWD Kuwaiti Dinar
1 USD = 0.30695 KWD
Convert
QAR Qatari Riyal
1 USD = 3.646 QAR
Convert
ILS Israeli Sheqel
1 USD = 3.16417125 ILS
Convert
IRR Iranian Rial
1 USD = 1314392.85 IRR
Convert
JOD Jordanian Dinar
1 USD = 0.70899689 JOD
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LBP Lebanese Pound
1 USD = 89500 LBP
Convert
SYP Syrian Pound
1 USD = 115.529256 SYP
Convert
CAD Canadian Dollar
1 USD = 1.3905 CAD
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BMD Bermudian Dollar
1 USD = 1 BMD
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AWG Aruban Florin
1 USD = 1.78996383 AWG
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BBD Barbadian Dollar
1 USD = 2 BBD
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BSD Bahamian Dollar
1 USD = 1 BSD
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DOP Dominican Peso
1 USD = 60.5485700 DOP
Convert
GTQ Guatemalan Quetzal
1 USD = 7.64924334 GTQ
Convert
JMD Jamaican Dollar
1 USD = 157.944599 JMD
Convert
MXN Mexican Peso
1 USD = 18.0023575 MXN
Convert
PAB Panamanian Balboa
1 USD = 1 PAB
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XCD East Caribbean Dollar
1 USD = 2.70003478 XCD
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ARS Argentine Peso
1 USD = 1396.85769 ARS
Convert
BOB Bolivian Boliviano
1 USD = 6.90948955 BOB
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BRL Brazilian Real
1 USD = 5.21668203 BRL
Convert
CLP Chilean Peso
1 USD = 931.994091 CLP
Convert
COP Colombian Peso
1 USD = 3670.35208 COP
Convert
PEN Peruvian Sol
1 USD = 3.49501826 PEN
Convert
PYG Paraguayan Guaraní
1 USD = 6482.33655 PYG
Convert
TTD Trinidad and Tobago Dollar
1 USD = 6.76813358 TTD
Convert
UYU Uruguayan Peso
1 USD = 40.5928658 UYU
Convert
VES Venezuelan Bolívar
1 USD = 473.198872 VES
Convert
ZAR South African Rand
1 USD = 16.8943 ZAR
Convert
BWP Botswana Pula
1 USD = 14.0845364 BWP
Convert
EGP Egyptian Pound
1 USD = 54.5707688 EGP
Convert
GHS Ghana Cedi
1 USD = 10.9775613 GHS
Convert
GMD Gambian Dalasi
1 USD = 72.5517481 GMD
Convert
KES Kenyan Shilling
1 USD = 129.936858 KES
Convert
MAD Moroccan Dirham
1 USD = 9.38163158 MAD
Convert
MGA Malagasy Ariary
1 USD = 4166.35936 MGA
Convert
MUR Mauritian Rupee
1 USD = 46.9574708 MUR
Convert
NAD Namibian Dollar
1 USD = 17.0700121 NAD
Convert
NGN Nigerian Naira
1 USD = 1383.58001 NGN
Convert
SCR Seychellois Rupee
1 USD = 14.8357105 SCR
Convert
TND Tunisian Dinar
1 USD = 2.94056661 TND
Convert
UGX Ugandan Shilling
1 USD = 3755.51400 UGX
Convert
XAF Central African Franc
1 USD = 570.496608 XAF
Convert
XOF West African Franc
1 USD = 570.496608 XOF
Convert
The United States of America uses the U.S. dollar as its currency. It is abbreviated as US$ or USD. It is also known as the American dollar. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar and divided it into 100 cents. The U.S. banknotes are issued in the form of Federal Reserve Notes. It is also known as greenbacks due to its green colour.
The central bank of the U.S. is known as Federal Reserve.
The U.S. dollar emerged as an important international reserve currency in the 1920s. It replaced the British pound sterling as it emerged from the First World War relatively unaffected and hence America was a significant recipient of wartime gold inflows. To date, the U.S. dollar continues to be the world’s foremost reserve currency for international trade.
The U.S. currency has become the global currency. In the international markets, both the U.S. dollar and Euro are popular and are accepted in most nations. The U.S. dollar’s share of foreign currencies in the global banks is over 64 per cent. In the case of the Euro, it is about 20 per cent. Generally, the U.S. Dollar reflects the strength of the United States of America.
About 85 per cent of the international trade including oil happens in terms of the U.S. dollar. Around 40 per cent of loans across the globe are sanctioned in dollars. India imports heavily from America than what it exports there. The dollars we receive from America are less than what we end up paying them for procuring their goods. India will need to buy more dollars from banks that represent a small unit in the extensive foreign exchange market.
A fall in the U.S. dollar value corresponds to the price of inflation, which is a rise in the general level of the prices of goods and services in an economy over a period of time.
A Consumer Price Index (CPI) is a measure which estimates the average price of consumer goods and services purchased by households. The U.S. CPI will be published by the Bureau of Labor Statistics. The CPI reflects inflation as experienced by consumers in their day-to-day living expenses.
If an individual is a frequent flyer, then you will be aware that exchanging the Indian rupee for a dollar can be costly at the airport. One may end up an extra 12% in the form of margins for getting currency conversion at airports. The best alternative is to choose BookMyForex to convert rupees to dollar as one has to pay 0.8% - 1.5% on forex conversion.
Disclaimer: The currency rates are sourced from reliable sources. There maybe variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell or act based on the rates given. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on currency rates provided.