Convert Cayman Islands Dollar to Nigerian Naira
Please provide values below to convert Cayman Islands Dollar [KYD] to Nigerian Naira [NGN], or Convert Nigerian Naira to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Nigerian Naira
1 KYD = 0.000544390423510663 NGN
Example: convert 15 KYD to NGN:
15 KYD = 15 × 0.000544390423510663 NGN = 0.00816585635265995 NGN
Cayman Islands Dollar to Nigerian Naira Conversion Table
| Cayman Islands Dollar | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.