Convert Cayman Islands Dollar to British Pound Sterling
Please provide values below to convert Cayman Islands Dollar [KYD] to British Pound Sterling [GBP], or Convert British Pound Sterling to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to British Pound Sterling
1 KYD = 1.12577681707647 GBP
Example: convert 15 KYD to GBP:
15 KYD = 15 × 1.12577681707647 GBP = 16.886652256147 GBP
Cayman Islands Dollar to British Pound Sterling Conversion Table
| Cayman Islands Dollar | British Pound Sterling |
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.