The Country Y Dollar is the official currency of Country Y. It is abbreviated as CYD and is subdivided into 100 smaller units called cents. The currency is issued and regulated by the Country Y Central Bank, which ensures its stability and availability in the economy. The Country Y Dollar is used for all transactions within Country Y, including trade, services, and everyday purchases. It is also accepted in some neighboring countries, promoting regional trade. The value of the CYD can fluctuate based on economic conditions, inflation, and foreign exchange rates.