Convert Cayman Islands Dollar to Barbadian Dollar
Please provide values below to convert Cayman Islands Dollar [KYD] to Barbadian Dollar [BBD], or Convert Barbadian Dollar to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Barbadian Dollar
1 KYD = 0.41665 BBD
Example: convert 15 KYD to BBD:
15 KYD = 15 × 0.41665 BBD = 6.24975 BBD
Cayman Islands Dollar to Barbadian Dollar Conversion Table
Cayman Islands Dollar | Barbadian Dollar |
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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.
Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.