Convert Salvadoran Colón to Cayman Islands Dollar
Please provide values below to convert Salvadoran Colón [SVC] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Salvadoran Colón.
How to Convert Salvadoran Colón to Cayman Islands Dollar
1 SVC = 10.4876455058202 KYD
Example: convert 15 SVC to KYD:
15 SVC = 15 × 10.4876455058202 KYD = 157.314682587303 KYD
Salvadoran Colón to Cayman Islands Dollar Conversion Table
| Salvadoran Colón | Cayman Islands Dollar |
|---|
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.