Convert Qatari Rial to Cayman Islands Dollar
Please provide values below to convert Qatari Rial [QAR] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Qatari Rial.
How to Convert Qatari Rial to Cayman Islands Dollar
1 QAR = 4.36817472698908 KYD
Example: convert 15 QAR to KYD:
15 QAR = 15 × 4.36817472698908 KYD = 65.5226209048362 KYD
Qatari Rial to Cayman Islands Dollar Conversion Table
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.