COBOL is one of the oldest programming languages, yet it still remains relevant and in use today. Developed in the late 1950s, COBOL (short for COmmon Business-Oriented Language) was designed for commercial applications, particularly in the finance and accounting industries. In this guide, we will explore the history of COBOL, its syntax and how to write programs using it, and some of its best applications.

History:
COBOL was developed by a team of programmers led by Grace Hopper at the request of the United States Department of Defense. Its goal was to create a programming language that could be used by businesses to handle large amounts of data and perform complex calculations. The first version of COBOL was released in 1960, and it quickly became the dominant language for business computing.

COBOL syntax:
COBOL has a very English-like syntax, which makes it easy for programmers to read and write. Here is an example of a COBOL program that prints "Hello, World!" to the screen:

```
IDENTIFICATION DIVISION.
PROGRAM-ID. HELLO-WORLD.
PROCEDURE DIVISION.
DISPLAY 'Hello, World!'.
STOP RUN.
```

The `IDENTIFICATION DIVISION` and `PROGRAM-ID` lines are used to identify the program. The `PROCEDURE DIVISION` is where the program's instructions are written. The `DISPLAY` statement is used to output text to the screen, and the `STOP RUN` statement ends the program.

Applications:
COBOL is still used today in many large businesses and government agencies, particularly in the finance and accounting industries. It is used to process large amounts of data, such as payroll and billing information, and to perform complex calculations. COBOL is also used in legacy systems that were developed decades ago and are still in use today.

Conclusion:
COBOL may be an old programming language, but it still has a place in modern computing. Its English-like syntax makes it easy to read and write, and it is still widely used in the finance and accounting industries. If you're interested in learning more about COBOL programming, there are many resources available online, including tutorials and sample code.