Convert Cayman Islands Dollar to Colombian Peso
Please provide values below to convert Cayman Islands Dollar [KYD] to Colombian Peso [COP], or Convert Colombian Peso to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Colombian Peso
1 KYD = 0.000206701114702673 COP
Example: convert 15 KYD to COP:
15 KYD = 15 × 0.000206701114702673 COP = 0.00310051672054009 COP
Cayman Islands Dollar to Colombian Peso Conversion Table
| Cayman Islands Dollar | Colombian 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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.