Convert Cayman Islands Dollar to Ethiopian Birr
Please provide values below to convert Cayman Islands Dollar [KYD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Ethiopian Birr
1 KYD = 0.00609863199772829 ETB
Example: convert 15 KYD to ETB:
15 KYD = 15 × 0.00609863199772829 ETB = 0.0914794799659244 ETB
Cayman Islands Dollar to Ethiopian Birr Conversion Table
| Cayman Islands Dollar | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.