Convert Lebanese Pound to Cayman Islands Dollar
Please provide values below to convert Lebanese Pound [LBP] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Lebanese Pound.
How to Convert Lebanese Pound to Cayman Islands Dollar
1 LBP = 107404.296171847 KYD
Example: convert 15 LBP to KYD:
15 LBP = 15 × 107404.296171847 KYD = 1611064.4425777 KYD
Lebanese Pound to Cayman Islands Dollar Conversion Table
| Lebanese Pound | Cayman Islands Dollar |
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Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.
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.