US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

Euro

Euro

The euro (sign: €; code: EUR) is the official currency of the European Union and its territories. Currently, 19 of 28 member states use the euro; this group of states is known as the eurozone or euro area. It is the second largest and second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents. The currency is also officially used by the institutions of the European Union and its territories, four other European countries, as well as unilaterally by two others, and is consequently used daily by some 343 million Europeans as of 2018. Outside Europe, a number of overseas territories of EU members also use the euro as their currency. Additionally, 290 million people worldwide as of 2018 use currencies pegged to the euro. The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar. As of August 2018, with more than €1.2 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). Physical euro coins and banknotes entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members, and by May 2002 it had completely replaced the former currencies. While the euro dropped subsequently to US$0.83 within two years (26 October 2000), it has traded above the U.S. dollar since the end of 2002, peaking at US$1.60 on 18 July 2008. In late 2009, the euro became immersed in the European sovereign-debt crisis, which led to the creation of the European Financial Stability Facility as well as other reforms aimed at stabilising and strengthing the currency.

Milan overview

Milan (/mɪˈlæn, mɪˈlɑːn/;[3] Italian: Milano [miˈlaːno] (About this sound listen); Lombard: Milan [miˈlãː] (Milanese variant))[4][5] is a city in northern Italy, capital of Lombardy, and the second-most populous city in Italy after Rome, with the city proper having a population of 1,370,074 while its province-level municipality has a population of 3,240,091.[6] Its continuously built-up urban area (that stretches beyond the boundaries of the Metropolitan City of Milan) has a population estimated to be about 5,270,000 over 1,891 square kilometres (730 square miles).[7] The wider Milan metropolitan area, known as Greater Milan, is a polycentric metropolitan region that extends over central Lombardy and eastern Piedmont and which counts an estimated total population of 7.5 million, making it by far the largest metropolitan area in Italy[8][9][10][11][12] and the 54th largest in the world. Milan served as capital of the Western Roman Empire from 286 to 402 and the Duchy of Milan during the medieval period and early modern age.

Milan is considered a leading alpha global city,[13] with strengths in the field of the art, commerce, design, education, entertainment, fashion, finance, healthcare, media, services, research and tourism. Its business district hosts Italy's stock exchange and the headquarters of national and international banks and companies. In terms of GDP, it has the third-largest economy among European cities after Paris and London, but the fastest in growth among the three, and is the wealthiest among European non-capital cities.[14][15] Milan is considered part of the Blue Banana and one of the "Four Motors for Europe".

The city has been recognized as the world's fashion and the design capital[16] thanks to several international events and fairs, including Milan Fashion Week and the Milan Furniture Fair, which are currently among the world's biggest in terms of revenue, visitors and growth.[17][18][19] It hosted the Universal Exposition in 1906 and 2015. The city hosts numerous cultural institutions, academies and universities, with 11% of the national total enrolled students.[20] Milan is the destination of 8 million overseas visitors every year, attracted by its museums and art galleries that boast some of the most important collections in the world, including major works by Leonardo da Vinci. The city is served by a large number of luxury hotels and is the fifth-most starred in the world by Michelin Guide.[21] The city is home to two of Europe's most successful football teams, A.C. Milan and F.C. Internazionale, and one of Italy's main basketball teams, Olimpia Milano.

Best 1 USD to EUR exchange rate in Milan - 1 US Dollar to Euro

Best USD/EUR rate at Money Exchange Italia in Milan

1 USD to EUR exchange rates at Money Exchange Italia in Milan
1 US Dollar = 0.852 Euro
Exchange USD at Money Exchange Italia to EUR in Milan
1 US Dollar = 0.852 Euro
2 US Dollar = 1.705 Euro
5 US Dollar = 4.261 Euro
10 US Dollar = 8.523 Euro
Exchange US Dollar at Money Exchange Italia to Euro in Milan
Money Exchange Italia
Money Exchange Italia

Money Exchange Italia is a Payment Institution registered in the "Banca d'Italia". We have more than 20 years of experience in sending and receiving international money transfers. We are established in the most European countries and cover the main destinations in America, Europe, Asia and Africa. Consult the section on Money transfer countries for more information. Money transfer Send money quick, easy and secure: Send money from our branches Foreign exchange Competitive rates (with no...

1 USD to EUR exchange rates news

Dollar Exhibits Mixed Trend As Traders Look For Direction

WASHINGTON (Alliance News) - The US dollar is turning in a mixed performance against other major ...

about 16 hours conditional positive
Forex: J$131.36 to one US dollar

KINGSTON, Jamaica — The US dollar on Wednesday, January 16 ended trading at J$131.36 down b...

about 16 hours indicative negative
Jamaican dollar dips more than $1 against US in a day

The Jamaican dollar depreciated by $1.08 against the US dollar on Thursday, according to the trading summary from the Bank of Jamaica (BOJ). It closed at $130.65 again

7 days indicative negative
Niarchos Foundation gives National Opera 20 mln euro grant | Kathimerini

The Greek National Opera (GNO) has received a 20-million-euro grant from the Stavros Niarchos Foundation, which will be distributed over a period of four years.

14 days conditional neutral
The euro at 20: An enduring success but a fundamental failure

While the euro's survival for two decades is evidence of its success, it was born with fundamental problems that have weakened it, leading to near-constant crisis.

14 days conditional neutral
Key terms to know about euro | Business | Journal Gazette

FRANKFURT, Germany – The euro turns 20 on Tuesday. Here are some key terms to know: Eurozone: The 19 European Union countries that use the euro ...

20 days indicative neutral

Milan news

Olympiakos fined for pitch invasion against Milan | Kathimerini

Olympiakos was fined 90,000 euros following crowd trouble in its Europa League match against AC Milan last month.

7 days indicative negative
AC Milan vs. SPAL - Football Match Report - December 29, 2018 - ESPN

Get a report of the AC Milan vs. SPAL 2018/2019 Italian Serie A football match.

14 days indicative neutral
Homeless man found dead in Milan - English

A homeless man was found dead in Milan on Wednesday. He was found not far from Fatebenefratelli Hospital, from which he had been discharged Tuesday after his latest bout of treatment for chronic alcoholism-related illnesses. © ANSA

16 days indicative neutral
Milan receives $450,000 grant for sidewalk improvements

MILAN — The village of Milan plans to extend its sidewalks to the south end of the town to help keep students and pedestrians stay safe. For years, the village wanted to connect residents

16 days subjunctive positive
Milan bourse recovers some ground - English

The Milan stock exchange's FTSE Mib index closed up 0.53% on 18,741 points on Friday, regaining some of the 3.54% it shed on Thursday. The spread between Italy's 10-year BTP bond and the German Bund closed on 288 basis points, down from 296 on Thursday. © ANSA

about 1 month indicative negative
Cutrone misses easy chance as Milan held by Torino
Cutrone misses easy chance as Milan held by Torino

AC Milan's problems in front of goal show no signs of abating and it has been forced to admit defeat in its attempts to bring back Zlatan Ibrahimovic.

about 1 month conditional positive
Milan safe routes to schools improvements

 MILAN — The village is participating in the Safe Routes to Schools program. Here is the proposed project: Project Location: Location: 1 — Church Street at Park Street

about 1 month conditional positive
AC Milan vs. Parma - Football Match Report - December 2, 2018 - ESPN

Get a report of the AC Milan vs. Parma 2018/2019 Italian Serie A football match.

about 1 month conditional neutral

1 USD to EUR currency converter in Milan