Convert Cayman Islands Dollar to Bahamian Dollar
Please provide values below to convert Cayman Islands Dollar [KYD] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Bahamian Dollar
1 KYD = 0.8333 BSD
Example: convert 15 KYD to BSD:
15 KYD = 15 × 0.8333 BSD = 12.4995 BSD
Cayman Islands Dollar to Bahamian Dollar Conversion Table
| Cayman Islands Dollar | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.