Convert Cayman Islands Dollar to Salvadoran Colón
Please provide values below to convert Cayman Islands Dollar [KYD] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Salvadoran Colón
1 KYD = 0.0953502861481196 SVC
Example: convert 15 KYD to SVC:
15 KYD = 15 × 0.0953502861481196 SVC = 1.43025429222179 SVC
Cayman Islands Dollar to Salvadoran Colón Conversion Table
| Cayman Islands Dollar | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.