Historic Cayman Islands dollar Bermudian dollar

Cayman Islands dollar bermudian dollar history for February 2024. The highest quote for this month is 1.228 (15/02/2024) and the lowest 1.2345 (02/02/2024). The difference between high and low is -0.53.

KYD BMD average rate for February 2024 is 1.22492, the change between 01/02/2024 and 29/02/2024 is -0.04 %.

01 February 20241 KYD = 1.229 BMD
02 February 20241 KYD = 1.228 BMD
03 February 20241 KYD = 1.220 BMD
04 February 20241 KYD = 1.220 BMD
05 February 20241 KYD = 1.216 BMD
06 February 20241 KYD = 1.226 BMD
07 February 20241 KYD = 1.227 BMD
08 February 20241 KYD = 1.227 BMD
09 February 20241 KYD = 1.227 BMD
10 February 20241 KYD = 1.220 BMD
11 February 20241 KYD = 1.220 BMD
12 February 20241 KYD = 1.229 BMD
13 February 20241 KYD = 1.228 BMD
14 February 20241 KYD = 1.227 BMD
15 February 20241 KYD = 1.228 BMD
16 February 20241 KYD = 1.228 BMD
17 February 20241 KYD = 1.220 BMD
18 February 20241 KYD = 1.220 BMD
19 February 20241 KYD = 1.227 BMD
20 February 20241 KYD = 1.228 BMD
21 February 20241 KYD = 1.227 BMD
22 February 20241 KYD = 1.227 BMD
23 February 20241 KYD = 1.227 BMD
24 February 20241 KYD = 1.220 BMD
25 February 20241 KYD = 1.220 BMD
26 February 20241 KYD = 1.228 BMD
27 February 20241 KYD = 1.227 BMD
28 February 20241 KYD = 1.228 BMD
29 February 20241 KYD = 1.230 BMD

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

01/01/1972: Introduction of Cayman Islands Dollar

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

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.