Convert Cayman Islands Dollar to Cambodian Riel
Please provide values below to convert Cayman Islands Dollar [KYD] to Cambodian Riel [KHR], or Convert Cambodian Riel to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Cambodian Riel
1 KYD = 0.000207544978518609 KHR
Example: convert 15 KYD to KHR:
15 KYD = 15 × 0.000207544978518609 KHR = 0.00311317467777914 KHR
Cayman Islands Dollar to Cambodian Riel Conversion Table
| Cayman Islands Dollar | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.