Convert Cayman Islands Dollar to Libyan Dinar
Please provide values below to convert Cayman Islands Dollar [KYD] to Libyan Dinar [LYD], or Convert Libyan Dinar to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Libyan Dinar
1 KYD = 0.153518791451732 LYD
Example: convert 15 KYD to LYD:
15 KYD = 15 × 0.153518791451732 LYD = 2.30278187177598 LYD
Cayman Islands Dollar to Libyan Dinar Conversion Table
| Cayman Islands Dollar | Libyan Dinar |
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.