Cryptocurrency Q&A How many dollars is a mil?

How many dollars is a mil?

Caterina Caterina Mon Oct 28 2024 | 7 answers 1343
I'm trying to figure out the value of a 'mil' in terms of dollars. I've heard this term used in various contexts and I want to know how much it actually represents in monetary value. How many dollars is a mil?

7 answers

DavidLee DavidLee Wed Oct 30 2024
This unit serves as a fractional representation of the national currency.

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Federico Federico Wed Oct 30 2024
Specifically, it is equivalent to a thousandth of a United States dollar.

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Margherita Margherita Wed Oct 30 2024
This means that one thousand of these units make up one dollar.

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amelia_miller_designer amelia_miller_designer Wed Oct 30 2024
In the United States, a specific notional unit holds significance.

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ZenBalanced ZenBalanced Wed Oct 30 2024
Alternatively, it can be described as a hundredth of a dime.

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