Convert Cayman Islands Dollar to North Korean Won
Please provide values below to convert Cayman Islands Dollar [KYD] to North Korean Won [KPW], or Convert North Korean Won to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to North Korean Won
1 KYD = 0.000925888888888889 KPW
Example: convert 15 KYD to KPW:
15 KYD = 15 × 0.000925888888888889 KPW = 0.0138883333333333 KPW
Cayman Islands Dollar to North Korean Won Conversion Table
| Cayman Islands Dollar | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.