Convert Mauritian Rupee to Cayman Islands Dollar
Please provide values below to convert Mauritian Rupee [MUR] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Mauritian Rupee.
How to Convert Mauritian Rupee to Cayman Islands Dollar
1 MUR = 54.5460218408736 KYD
Example: convert 15 MUR to KYD:
15 MUR = 15 × 54.5460218408736 KYD = 818.190327613105 KYD
Mauritian Rupee to Cayman Islands Dollar Conversion Table
Mauritian Rupee | Cayman Islands Dollar |
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Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.
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.