Convert Cayman Islands Dollar to Ugandan Shilling
Please provide values below to convert Cayman Islands Dollar [KYD] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Ugandan Shilling
1 KYD = 0.000233661592399406 UGX
Example: convert 15 KYD to UGX:
15 KYD = 15 × 0.000233661592399406 UGX = 0.00350492388599109 UGX
Cayman Islands Dollar to Ugandan Shilling Conversion Table
| Cayman Islands Dollar | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.