Convert Swiss Franc to Cayman Islands Dollar
Please provide values below to convert Swiss Franc [CHF] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Swiss Franc.
How to Convert Swiss Franc to Cayman Islands Dollar
1 CHF = 0.953918156726269 KYD
Example: convert 15 CHF to KYD:
15 CHF = 15 × 0.953918156726269 KYD = 14.308772350894 KYD
Swiss Franc to Cayman Islands Dollar Conversion Table
| Swiss Franc | Cayman Islands Dollar |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.