Convert Liberian Dollar to Cayman Islands Dollar
Please provide values below to convert Liberian Dollar [LRD] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Liberian Dollar.
How to Convert Liberian Dollar to Cayman Islands Dollar
1 LRD = 240.590183607344 KYD
Example: convert 15 LRD to KYD:
15 LRD = 15 × 240.590183607344 KYD = 3608.85275411016 KYD
Liberian Dollar to Cayman Islands Dollar Conversion Table
Liberian Dollar | Cayman Islands Dollar |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.