Convert Cayman Islands Dollar to Costa Rican Colón
Please provide values below to convert Cayman Islands Dollar [KYD] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Costa Rican Colón
1 KYD = 0.0016523239213198 CRC
Example: convert 15 KYD to CRC:
15 KYD = 15 × 0.0016523239213198 CRC = 0.024784858819797 CRC
Cayman Islands Dollar to Costa Rican Colón Conversion Table
| Cayman Islands Dollar | Costa Rican Colón |
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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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.