Convert Cayman Islands Dollar to Saudi Riyal
Please provide values below to convert Cayman Islands Dollar [KYD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Saudi Riyal
1 KYD = 0.222213333333333 SAR
Example: convert 15 KYD to SAR:
15 KYD = 15 × 0.222213333333333 SAR = 3.3332 SAR
Cayman Islands Dollar to Saudi Riyal Conversion Table
| Cayman Islands Dollar | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.