Convert Algerian Dinar to Cayman Islands Dollar
Please provide values below to convert Algerian Dinar [DZD] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Algerian Dinar.
How to Convert Algerian Dinar to Cayman Islands Dollar
1 DZD = 156.007320292812 KYD
Example: convert 15 DZD to KYD:
15 DZD = 15 × 156.007320292812 KYD = 2340.10980439218 KYD
Algerian Dinar to Cayman Islands Dollar Conversion Table
| Algerian Dinar | Cayman Islands Dollar |
|---|
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.