Convert Cayman Islands Dollar to United Arab Emirates Dirham
Please provide values below to convert Cayman Islands Dollar [KYD] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to United Arab Emirates Dirham
1 KYD = 0.226902654867257 AED
Example: convert 15 KYD to AED:
15 KYD = 15 × 0.226902654867257 AED = 3.40353982300885 AED
Cayman Islands Dollar to United Arab Emirates Dirham Conversion Table
| Cayman Islands Dollar | United Arab Emirates Dirham |
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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.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.