Convert Bulgarian Lev to Cayman Islands Dollar
Please provide values below to convert Bulgarian Lev [BGN] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Bulgarian Lev.
How to Convert Bulgarian Lev to Cayman Islands Dollar
1 BGN = 2.00120004800192 KYD
Example: convert 15 BGN to KYD:
15 BGN = 15 × 2.00120004800192 KYD = 30.0180007200288 KYD
Bulgarian Lev to Cayman Islands Dollar Conversion Table
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.