Pi (π) is a mathematical constant representing the ratio of a circle's circumference to its diameter, approximately equal to 3.14159, and is an irrational number that cannot be exactly expressed as a fraction. Popularized by mathematician Leonhard Euler in the 18th century, π is essential in various mathematical and scientific formulas, particularly in geometry, trigonometry, and statistics. Pi Day is celebrated annually on March 14, highlighting its significance in mathematics and culture.