Convert Cayman Islands Dollar to Romanian Leu
Please provide values below to convert Cayman Islands Dollar [KYD] to Romanian Leu [RON], or Convert Romanian Leu to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Romanian Leu
1 KYD = 0.192288166882038 RON
Example: convert 15 KYD to RON:
15 KYD = 15 × 0.192288166882038 RON = 2.88432250323057 RON
Cayman Islands Dollar to Romanian Leu Conversion Table
Cayman Islands Dollar | Romanian Leu |
---|
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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.