Convert Cayman Islands Dollar to Liberian Dollar
Please provide values below to convert Cayman Islands Dollar [KYD] to Liberian Dollar [LRD], or Convert Liberian Dollar to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Liberian Dollar
1 KYD = 0.00415644555819473 LRD
Example: convert 15 KYD to LRD:
15 KYD = 15 × 0.00415644555819473 LRD = 0.0623466833729209 LRD
Cayman Islands Dollar to Liberian Dollar Conversion Table
| Cayman Islands Dollar | Liberian 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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.