1. The US Dollar, also abbreviated as USD or US$, is the national currency of the United States of America.
2. It became the most important international reserve currency following World War 1. It displaced pound sterling as global primary reserve currency towards the end of 2nd World War.
3. It is regarded as a benchmark currency globally and is the most used currency for various business transactions globally.
4. USD is also used as an official currency in various currencies outside the United States. Several other countries use it as an official currency alongside their own.
5. US dollars is the most traded currency worldwide. It accounts for 88% of all foreign exchange trades.
6. Its issuance right rests with the Federal Bank. The US Dollar banknotes are available in denominations of $1, $5, $10, $20, $50, $100, $500, $1,000.
Now, you can get the best exchange rate for USD with The Currency Club.
US Dollar (USD)
Exchange RateWhat is the interbank exchange rate for the US Dollar ?
1 GBP = 1.286740 USD
Last update date : 27-07-2024 01:55:46
Last updated on 27-07-2024 01:55:46
The below table shows the exchange rate and inverse exchange rate
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