Convert Cayman Islands Dollar to Icelandic Króna
Please provide values below to convert Cayman Islands Dollar [KYD] to Icelandic Króna [ISK], or Convert Icelandic Króna to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Icelandic Króna
1 KYD = 0.00684651820082737 ISK
Example: convert 15 KYD to ISK:
15 KYD = 15 × 0.00684651820082737 ISK = 0.10269777301241 ISK
Cayman Islands Dollar to Icelandic Króna Conversion Table
| Cayman Islands Dollar | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.