Convert Indonesian Rupiah to Cayman Islands Dollar
Please provide values below to convert Indonesian Rupiah [IDR] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Cayman Islands Dollar
1 IDR = 19546.3064922597 KYD
Example: convert 15 IDR to KYD:
15 IDR = 15 × 19546.3064922597 KYD = 293194.597383895 KYD
Indonesian Rupiah to Cayman Islands Dollar Conversion Table
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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.