Convert Cayman Islands Dollar to Albanian Lek
Please provide values below to convert Cayman Islands Dollar [KYD] to Albanian Lek [ALL], or Convert Albanian Lek to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Albanian Lek
1 KYD = 0.0099920500070147 ALL
Example: convert 15 KYD to ALL:
15 KYD = 15 × 0.0099920500070147 ALL = 0.149880750105221 ALL
Cayman Islands Dollar to Albanian Lek Conversion Table
| Cayman Islands Dollar | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.