Convert United Arab Emirates Dirham to Cayman Islands Dollar
Please provide values below to convert United Arab Emirates Dirham [AED] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Cayman Islands Dollar
1 AED = 4.40717628705148 KYD
Example: convert 15 AED to KYD:
15 AED = 15 × 4.40717628705148 KYD = 66.1076443057722 KYD
United Arab Emirates Dirham to Cayman Islands Dollar Conversion Table
| United Arab Emirates Dirham | Cayman Islands Dollar |
|---|
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.