Convert Cayman Islands Dollar to Azerbaijani Manat
Please provide values below to convert Cayman Islands Dollar [KYD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Azerbaijani Manat
1 KYD = 0.490032343428403 AZN
Example: convert 15 KYD to AZN:
15 KYD = 15 × 0.490032343428403 AZN = 7.35048515142605 AZN
Cayman Islands Dollar to Azerbaijani Manat Conversion Table
| Cayman Islands Dollar | Azerbaijani Manat |
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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.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.