Convert Cayman Islands Dollar to Singapore Dollar
Please provide values below to convert Cayman Islands Dollar [KYD] to Singapore Dollar [SGD], or Convert Singapore Dollar to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Singapore Dollar
1 KYD = 0.651168242556849 SGD
Example: convert 15 KYD to SGD:
15 KYD = 15 × 0.651168242556849 SGD = 9.76752363835274 SGD
Cayman Islands Dollar to Singapore Dollar Conversion Table
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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.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.