Convert Cayman Islands Dollar to Djiboutian Franc
Please provide values below to convert Cayman Islands Dollar [KYD] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Djiboutian Franc
1 KYD = 0.00468880998869014 DJF
Example: convert 15 KYD to DJF:
15 KYD = 15 × 0.00468880998869014 DJF = 0.0703321498303521 DJF
Cayman Islands Dollar to Djiboutian Franc Conversion Table
| Cayman Islands Dollar | Djiboutian Franc |
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.