Convert Kyrgystani Som to Cayman Islands Dollar
Please provide values below to convert Kyrgystani Som [KGS] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Kyrgystani Som.
How to Convert Kyrgystani Som to Cayman Islands Dollar
1 KGS = 104.760830433217 KYD
Example: convert 15 KGS to KYD:
15 KGS = 15 × 104.760830433217 KYD = 1571.41245649826 KYD
Kyrgystani Som to Cayman Islands Dollar Conversion Table
| Kyrgystani Som | Cayman Islands Dollar |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
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.