π is a mathematical constant that represents the ratio of a circle's circumference to its diameter. It is commonly approximated as 3.14159. π cannot be expressed as a fraction and is an irrational and transcendental number. While ancient civilizations calculated π to around 5 digits, the first exact formula was not discovered until the 14th century, and modern computers have extended its decimal representation to over 13 trillion digits, primarily for breaking records rather than scientific applications. π is ubiquitous in formulas involving circles, spheres, and other areas of science and is one of the most widely known mathematical constants.