Convert Saudi Riyal to Cayman Islands Dollar
Please provide values below to convert Saudi Riyal [SAR] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Saudi Riyal.
How to Convert Saudi Riyal to Cayman Islands Dollar
1 SAR = 4.50018000720029 KYD
Example: convert 15 SAR to KYD:
15 SAR = 15 × 4.50018000720029 KYD = 67.5027001080043 KYD
Saudi Riyal to Cayman Islands Dollar Conversion Table
Saudi Riyal | Cayman Islands Dollar |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.