# What is 500 000 pounds to dollars? Find Out Now!

• By: Editorial Staff
• Date: April 8, 2022
• Time to read: 4 min.

500 000 pounds to dollars is equal to 667 000 US dollars. To convert any figure in pounds to its dollar equivalent, multiply by 1.334. So, 500 multiplied by 1.334 equals 667. Or, for a more direct conversion, divide by 0.75

## How much is \$1 worth to a pound?

One dollar is worth about 0.76 pounds. This means that \$500 is worth about 380 pounds.  To convert any figure in dollars to its pound equivalent, divide by 1.334. So, 500 divided by 1.334 equals 371. Or, for a more direct conversion, multiply by 0.75.

## What is the difference between a pound and a dollar?

The difference between a pound and a dollar is that a pound is worth more than a dollar.  To convert any figure in pounds to its dollar equivalent, multiply by 1.334.

## What is \$1 million dollars in pounds?

1 million dollars is worth about 759 000 pounds.  To convert any figure in dollars to its pound equivalent, divide by 1.334. So, 1 million divided by 1.334 equals 759 000. Or, for a more direct conversion, multiply by 0.75.

## What is the strongest world currency?

The Kuwaiti Dinar is the world’s strongest currency, ranking first in the world. Kuwaiti Dinar was first issued in 1960, when Kuwait gained independence from the British Empire, and it was equal to one pound at the time.

Kuwaiti Dinar did not circulate outside Kuwait until 1973. It is pegged to the US Dollar at a rate of 1 KD = 3.29 USD. The second strongest currency in the world is the Bahraini Dinar, followed by the Omani Rial.

## What is the weakest world currency?

The Venezuelan Bolivar is the weakest currency in the world, ranking last in the world.  It is pegged to the US Dollar at a rate of 1 VEF = 10,000 USD. The second weakest currency in the world is the Argentine Peso, followed by the Sudanese Pound.

## When did the euro become the official currency of Germany?

The euro became the official currency of Germany on January 1, 1999. Prior to that, the German Mark was used.

## What is the currency of Grand Cayman?

The currency of Grand Cayman is the Cayman Islands Dollar. It is pegged to the US Dollar at a rate of 1 KYD = 0.80 USD.

## How much is 1 mil?

1 mill is worth a thousandth of a dollar or a tenth of a cent. It is commonly used to denote the amount of property tax due on an assessment of \$1,000.00.

One mill is equal to \$1.00 of tax for each \$1,000.00 of assessed value. Therefore, if your property is assessed at \$100,000.00, your property tax bill would be \$1,000.00.

## What is the most expensive country in the world?

The most expensive country in the world is Switzerland. The Swiss franc is pegged to the euro at a rate of 1 CHF = 0.67 EUR. This means that one Swiss franc is worth about 67 euro cents.

## Who decides the exchange rate between two currencies?

The exchange rate between two currencies is determined by the market, which is made up of buyers and sellers of currency.

The price that buyers are willing to pay for a currency (the bid price) is usually lower than the price that sellers are willing to accept for the same currency (the ask price). The difference between the bid and ask prices is called the spread.

The exchange rate is usually quoted as the midpoint between the bid and ask prices.

## What is the most traded currency in the world?

The most traded currency in the world is the US dollar. The US dollar is the currency of choice for international transactions and is used as a reserve currency by central banks.

## What is the second most traded currency in the world?

The second most traded currency in the world is the euro. The euro is used as a reserve currency by central banks and is the official currency of 19 countries in the European Union.

Did you know? We also wrote an article about: What is Seconds to Microseconds?

## What is the third most traded currency in the world?

The third most traded currency in the world is the Japanese yen. The Japanese yen is used as a reserve currency by central banks and is the official currency of Japan.

## What are the benefits of using a strong currency?

Benefits of using a strong currency include:

• help a country’s exports become more competitive.
• attract foreign investment.
• provide stability and confidence in the economy.

## What are the drawbacks of using a strong currency?

Drawbacks of using a strong currency include:

• make imported goods more expensive.