Convert Cayman Islands Dollar to Czech Republic Koruna
Please provide values below to convert Cayman Islands Dollar [KYD] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Czech Republic Koruna
1 KYD = 0.0396866218983664 CZK
Example: convert 15 KYD to CZK:
15 KYD = 15 × 0.0396866218983664 CZK = 0.595299328475496 CZK
Cayman Islands Dollar to Czech Republic Koruna Conversion Table
| Cayman Islands Dollar | Czech Republic Koruna |
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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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.