Convert Cayman Islands Dollar to Argentine Peso
Please provide values below to convert Cayman Islands Dollar [KYD] to Argentine Peso [ARS], or Convert Argentine Peso to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Argentine Peso
1 KYD = 0.000658126475907659 ARS
Example: convert 15 KYD to ARS:
15 KYD = 15 × 0.000658126475907659 ARS = 0.00987189713861488 ARS
Cayman Islands Dollar to Argentine Peso Conversion Table
| Cayman Islands Dollar | Argentine Peso |
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.