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Q:

# What is the abbreviation for 1 billion dollars?

A:

The figure 1 billion dollars is typically abbreviated as \$1B. When written out in long form, 1 billion dollars is \$1,000,000,000, which is equal to 1,000 million dollars.

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A billion is defined as "a cardinal number represented in the U.S. by 1 followed by 9 zeros, and in Great Britain 1 followed by 12 zeros." Since billion represents a different amount in the U.S. and Britain, the \$1B abbreviation is used in the U.S. more often than in the U.K.

Additional abbreviations for the figure of 1 billion dollars include \$1BN and \$1bill. These can also be written as "one bill. dollars" or "one bn. dollars."

## Related Questions

• A:

The weight of \$1 billion depends on the denominations that were used. If the currency were strictly in \$100 bills, \$1 billion would weigh roughly 10 tons. If one is using \$1 bills, \$1 billion would weigh 1,000 tons, which is equal to 2 million pounds.

• A:

For the greatest accuracy, an online currency converter with up-to-date exchange rate information should be used to convert British pounds to U.S. dollars. On Oct. 20, 2014, the exchange rate was 1.6138 U.S. dollars to one British pound.

• A:

To convert Indian lakhs to dollars, multiply the number of lakhs by 100,000 to get the number of rupees, and then divide that number by the current exchange rate of Indian rupees to Unites States dollars. As of May 2015, 1 USD is equal to about 64 Indian rupees, according to Dollars 2 Rupees.

• A:

Banks offering the service of exchanging pesos for dollars vary widely depending on the location. However, there are some banks that make currency exchanges at all of their branches. These banks include Bank of America, Wells Fargo and Chase. One thing to consider is that banks may require travelers to have a checking or savings account, a credit card or a loan with them in order to exchange currency.