The value of pi (π) to two decimal places is 3.14. Pi is an irrational number, which means it cannot be expressed exactly as a simple fraction and has an infinite number of non-repeating decimal points. It represents the ratio of a circle's circumference to its diameter and is essential in various mathematical calculations involving circles and geometry. Pi has fascinated mathematicians for centuries, leading to extensive research and exploration of its properties. Its approximate value of 3.14 is commonly used in practical applications, though more precise values are utilized in advanced calculations, particularly in engineering and science.