Currency Converter : Exchange Rate Calculator | MizzleDrop

Converters & Calculators

Currency Conversion

Currency Conversion

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based on the May. 07, 2024 05:00:00 UTC exchange rate from openexchangerates.org

(Last updated 56 minutes ago)

Important Notes

Currency Conversion tool helps in finding the equivalent conversion amount between 75+ different currencies listed here.
The 8 most traded currencies (in no specific order) are the U.S. dollar (USD), the Canadian dollar (CAD), the Euro (EUR), the British pound (GBP), the Swiss franc (CHF), the Japanese yen (JPY), the Australian dollar (AUD) and the New Zealand dollar (NZD)
Many of the world's countries have their own currencies which results in over 175+ recognized currencies across the world.
Currency is the primary medium of exchange in the modern world, having long ago replaced bartering as a means of trading goods and services.
The value of any currency fluctuates constantly in relation to other currencies. It is important because the exchange rate, the price of one currency in terms of another, helps to determine a nation's economic health and hence the well-being of all the people residing in it.

currency

Currency

Currency is a medium of exchange for goods and services. A more general definition is that a currency is a system of money (monetary units) in common use, in the form of paper or coins, usually issued by a government especially for people in a nation. Some currencies are recognized as stores of value and are traded between nations in foreign exchange markets which determine the relative values of the different currencies.
Currencies in this sense are defined by governments and each type has limited boundaries of acceptance. Currency in some form has been in use for at least 3,000 years. Money, usually in the form of coins, proved to be crucial to facilitating trade across continents.

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Interest, in finance and economics, is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. Interest differs from profit, in that interest is received by a lender whereas profit . . . .

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The term "percent" is derived from the Latin per centum, meaning "by the hundred". A percentage is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%" or the abbreviations "pct.". Percentages are useful for comparing information where the sample sizes or totals are . . . .

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Volume is the quantity of three-dimensional space enclosed by a closed surface, for example, the space that a substance (solid, liquid, gas, or plasma) or shape occupies or contains. Volume is often quantified numerically using the SI derived unit, the cubic meter. The volume of a container is generally understood . . . .

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Color or colour is the characteristic of visual perception described through color categories with names such as red, orange, yellow, green, blue or purple. Web colors are colors used in displaying web pages on the World Wide Web and the methods for describing and specifying those colors. Colors may be specified as an RGB . . . .

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Temperature, measure of hotness or coldness expressed in terms of any of several arbitrary scales and indicating the direction in which heat energy will spontaneously flow — i.e., from a hotter body (one at a higher temperature) to a colder body (one at a lower temperature). Temperature is measured with . . . .

The use of units, measurements and conversions plays a big part in excelling in math. The intent of this site is to help visitors perform different varieties of calculations/conversions easily with a high degree of accuracy.

The site includes unit converters for various quantities like currency, length, speed, time, area, volume, mass, temperature, angle, pressure, energy and power. In addition to this, it provides area & volume calculations of different shapes & it's parts. The site also contains several other features like number system conversion, calculation of interests, percentages along with color code finder and many more.

History of Measurement :

The earliest recorded systems of calculations and measures originate in the 3rd or 4th millennium BC. Even the very earliest civilizations needed measurement for purposes of agriculture, construction and trade. Early standard units might only have applied to a single community or small region, with every area developing its own standards for lengths, areas, volumes and masses.

With the development of manufacturing technologies and the growing importance of trade between communities and ultimately across the Earth, standardized weights and measures became critical. Starting in the 18th century, modernized, simplified and uniform systems of weights and measures were developed, with the fundamental units defined by ever more precise methods in the science of metrology.