Convert Cayman Islands Dollar to Hungarian Forint
Please provide values below to convert Cayman Islands Dollar [KYD] to Hungarian Forint [HUF], or Convert Hungarian Forint to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Hungarian Forint
1 KYD = 0.0024494292650507 HUF
Example: convert 15 KYD to HUF:
15 KYD = 15 × 0.0024494292650507 HUF = 0.0367414389757606 HUF
Cayman Islands Dollar to Hungarian Forint Conversion Table
| Cayman Islands Dollar | Hungarian Forint |
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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.
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.