Convert Cayman Islands Dollar to Uruguayan Peso
Please provide values below to convert Cayman Islands Dollar [KYD] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Uruguayan Peso
1 KYD = 0.0206774706636989 UYU
Example: convert 15 KYD to UYU:
15 KYD = 15 × 0.0206774706636989 UYU = 0.310162059955484 UYU
Cayman Islands Dollar to Uruguayan Peso Conversion Table
| Cayman Islands Dollar | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.