Convert Cayman Islands Dollar to Namibian Dollar
Please provide values below to convert Cayman Islands Dollar [KYD] to Namibian Dollar [NAD], or Convert Namibian Dollar to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Namibian Dollar
1 KYD = 0.0474363426255358 NAD
Example: convert 15 KYD to NAD:
15 KYD = 15 × 0.0474363426255358 NAD = 0.711545139383037 NAD
Cayman Islands Dollar to Namibian Dollar Conversion Table
| Cayman Islands Dollar | Namibian 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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.