Convert Cayman Islands Dollar to Georgian Lari
Please provide values below to convert Cayman Islands Dollar [KYD] to Georgian Lari [GEL], or Convert Georgian Lari to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Georgian Lari
1 KYD = 0.307558869122315 GEL
Example: convert 15 KYD to GEL:
15 KYD = 15 × 0.307558869122315 GEL = 4.61338303683472 GEL
Cayman Islands Dollar to Georgian Lari 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.
Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.