Convert Cayman Islands Dollar to Euro
Please provide values below to convert Cayman Islands Dollar [KYD] to Euro [EUR], or Convert Euro to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Euro
1 KYD = 0.977248739298698 EUR
Example: convert 15 KYD to EUR:
15 KYD = 15 × 0.977248739298698 EUR = 14.6587310894805 EUR
Cayman Islands Dollar to Euro Conversion Table
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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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.