Convert Cayman Islands Dollar to Bulgarian Lev
Please provide values below to convert Cayman Islands Dollar [KYD] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Bulgarian Lev
1 KYD = 0.499700167905973 BGN
Example: convert 15 KYD to BGN:
15 KYD = 15 × 0.499700167905973 BGN = 7.49550251858959 BGN
Cayman Islands Dollar to Bulgarian Lev 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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.