Convert Cayman Islands Dollar to Angolan Kwanza
Please provide values below to convert Cayman Islands Dollar [KYD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Angolan Kwanza
1 KYD = 0.000906253201467493 AOA
Example: convert 15 KYD to AOA:
15 KYD = 15 × 0.000906253201467493 AOA = 0.0135937980220124 AOA
Cayman Islands Dollar to Angolan Kwanza Conversion Table
| Cayman Islands Dollar | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.