Convert Iranian Rial to Cayman Islands Dollar
Please provide values below to convert Iranian Rial [IRR] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Iranian Rial.
How to Convert Iranian Rial to Cayman Islands Dollar
1 IRR = 50927.2575303012 KYD
Example: convert 15 IRR to KYD:
15 IRR = 15 × 50927.2575303012 KYD = 763908.862954518 KYD
Iranian Rial to Cayman Islands Dollar Conversion Table
| Iranian Rial | Cayman Islands Dollar |
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Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.