Convert Cayman Islands Dollar to Bangladeshi Taka
Please provide values below to convert Cayman Islands Dollar [KYD] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Bangladeshi Taka
1 KYD = 0.00684923625221102 BDT
Example: convert 15 KYD to BDT:
15 KYD = 15 × 0.00684923625221102 BDT = 0.102738543783165 BDT
Cayman Islands Dollar to Bangladeshi Taka Conversion Table
| Cayman Islands Dollar | Bangladeshi Taka |
|---|
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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.