Convert Georgian Lari to Cayman Islands Dollar
Please provide values below to convert Georgian Lari [GEL] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Georgian Lari.
How to Convert Georgian Lari to Cayman Islands Dollar
1 GEL = 3.25141005640226 KYD
Example: convert 15 GEL to KYD:
15 GEL = 15 × 3.25141005640226 KYD = 48.7711508460338 KYD
Georgian Lari to Cayman Islands Dollar Conversion Table
| Georgian Lari | Cayman Islands Dollar |
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Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.
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.