Convert Cayman Islands Dollar to Nicaraguan Córdoba
Please provide values below to convert Cayman Islands Dollar [KYD] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Nicaraguan Córdoba
1 KYD = 0.0226525164327927 NIO
Example: convert 15 KYD to NIO:
15 KYD = 15 × 0.0226525164327927 NIO = 0.339787746491891 NIO
Cayman Islands Dollar to Nicaraguan Córdoba Conversion Table
| Cayman Islands Dollar | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.