Cayman Islands dollar australian dollar exchange rate history (KYD AUD) December 2023

Cayman Islands dollar australian dollar history for December 2023. The highest quote for this month is 1.8782 (07/12/2023) and the lowest 1.8646 (11/12/2023). The difference between high and low is 0.72.

KYD AUD average rate for December 2023 is 1.82754, the change between 01/12/2023 and 31/12/2023 is +3.61 %.

01 December 2023	1 KYD = 1.857 AUD
02 December 2023	1 KYD = 1.827 AUD
03 December 2023	1 KYD = 1.829 AUD
04 December 2023	1 KYD = 1.835 AUD
05 December 2023	1 KYD = 1.853 AUD
06 December 2023	1 KYD = 1.872 AUD
07 December 2023	1 KYD = 1.871 AUD
08 December 2023	1 KYD = 1.860 AUD
09 December 2023	1 KYD = 1.853 AUD
10 December 2023	1 KYD = 1.854 AUD
11 December 2023	1 KYD = 1.862 AUD
12 December 2023	1 KYD = 1.868 AUD
13 December 2023	1 KYD = 1.870 AUD
14 December 2023	1 KYD = 1.841 AUD
15 December 2023	1 KYD = 1.831 AUD
16 December 2023	1 KYD = 1.820 AUD
17 December 2023	1 KYD = 1.820 AUD
18 December 2023	1 KYD = 1.821 AUD
19 December 2023	1 KYD = 1.831 AUD
20 December 2023	1 KYD = 1.816 AUD
21 December 2023	1 KYD = 1.820 AUD
22 December 2023	1 KYD = 1.805 AUD
23 December 2023	1 KYD = 1.793 AUD
24 December 2023	1 KYD = 1.793 AUD
25 December 2023	1 KYD = 1.800 AUD
26 December 2023	1 KYD = 1.800 AUD
27 December 2023	1 KYD = 1.795 AUD
28 December 2023	1 KYD = 1.790 AUD
29 December 2023	1 KYD = 1.788 AUD
30 December 2023	1 KYD = 1.790 AUD
31 December 2023	1 KYD = 1.790 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

Historic Cayman Islands dollar Australian dollar