Historic Cayman Islands dollar Canadian dollar

Cayman Islands dollar canadian dollar history for December 2023. The highest quote for this month is 1.6704 (12/12/2023) and the lowest 1.6658 (08/12/2023). The difference between high and low is 0.28.

KYD CAD average rate for December 2023 is 1.64166, the change between 01/12/2023 and 31/12/2023 is +2.89 %.

01 December 20231 KYD = 1.663 CAD
02 December 20231 KYD = 1.646 CAD
03 December 20231 KYD = 1.646 CAD
04 December 20231 KYD = 1.654 CAD
05 December 20231 KYD = 1.660 CAD
06 December 20231 KYD = 1.668 CAD
07 December 20231 KYD = 1.666 CAD
08 December 20231 KYD = 1.668 CAD
09 December 20231 KYD = 1.657 CAD
10 December 20231 KYD = 1.656 CAD
11 December 20231 KYD = 1.664 CAD
12 December 20231 KYD = 1.665 CAD
13 December 20231 KYD = 1.667 CAD
14 December 20231 KYD = 1.658 CAD
15 December 20231 KYD = 1.646 CAD
16 December 20231 KYD = 1.632 CAD
17 December 20231 KYD = 1.629 CAD
18 December 20231 KYD = 1.633 CAD
19 December 20231 KYD = 1.644 CAD
20 December 20231 KYD = 1.637 CAD
21 December 20231 KYD = 1.639 CAD
22 December 20231 KYD = 1.630 CAD
23 December 20231 KYD = 1.619 CAD
24 December 20231 KYD = 1.618 CAD
25 December 20231 KYD = 1.625 CAD
26 December 20231 KYD = 1.624 CAD
27 December 20231 KYD = 1.616 CAD
28 December 20231 KYD = 1.620 CAD
29 December 20231 KYD = 1.614 CAD
30 December 20231 KYD = 1.615 CAD
31 December 20231 KYD = 1.615 CAD

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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

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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.
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