Convert Cayman Islands Dollar to Guinean Franc
Please provide values below to convert Cayman Islands Dollar [KYD] to Guinean Franc [GNF], or Convert Guinean Franc to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Guinean Franc
1 KYD = 9.58347677496789e-05 GNF
Example: convert 15 KYD to GNF:
15 KYD = 15 × 9.58347677496789e-05 GNF = 0.00143752151624518 GNF
Cayman Islands Dollar to Guinean Franc Conversion Table
Cayman Islands Dollar | Guinean Franc |
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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.
Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.