Convert Cayman Islands Dollar to Solomon Islands Dollar
Please provide values below to convert Cayman Islands Dollar [KYD] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Solomon Islands Dollar
1 KYD = 0.101122504702385 SBD
Example: convert 15 KYD to SBD:
15 KYD = 15 × 0.101122504702385 SBD = 1.51683757053577 SBD
Cayman Islands Dollar to Solomon Islands Dollar Conversion Table
| Cayman Islands Dollar | Solomon Islands 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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.