Convert Japanese Yen to Cayman Islands Dollar
Please provide values below to convert Japanese Yen [JPY] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Japanese Yen.
How to Convert Japanese Yen to Cayman Islands Dollar
1 JPY = 176.204488179527 KYD
Example: convert 15 JPY to KYD:
15 JPY = 15 × 176.204488179527 KYD = 2643.06732269291 KYD
Japanese Yen to Cayman Islands Dollar Conversion Table
| Japanese Yen | Cayman Islands Dollar |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.