Convert Cayman Islands Dollar to Egyptian Pound
Please provide values below to convert Cayman Islands Dollar [KYD] to Egyptian Pound [EGP], or Convert Egyptian Pound to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Egyptian Pound
1 KYD = 0.0169806168693554 EGP
Example: convert 15 KYD to EGP:
15 KYD = 15 × 0.0169806168693554 EGP = 0.254709253040331 EGP
Cayman Islands Dollar to Egyptian Pound Conversion Table
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.