Convert Cayman Islands Dollar to Afghan Afghani
Please provide values below to convert Cayman Islands Dollar [KYD] to Afghan Afghani [AFN], or Convert Afghan Afghani to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Afghan Afghani
1 KYD = 0.0120859548818091 AFN
Example: convert 15 KYD to AFN:
15 KYD = 15 × 0.0120859548818091 AFN = 0.181289323227137 AFN
Cayman Islands Dollar to Afghan Afghani Conversion Table
| Cayman Islands Dollar | Afghan Afghani |
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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.
Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.