Convert Cayman Islands Dollar to Turkmenistani Manat
Please provide values below to convert Cayman Islands Dollar [KYD] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Turkmenistani Manat
1 KYD = 0.238085714285714 TMT
Example: convert 15 KYD to TMT:
15 KYD = 15 × 0.238085714285714 TMT = 3.57128571428571 TMT
Cayman Islands Dollar to Turkmenistani Manat Conversion Table
| Cayman Islands Dollar | Turkmenistani Manat |
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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.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.