Historic Cayman Islands dollar Canadian dollar

Cayman Islands dollar canadian dollar history for January 2024. The highest quote for this month is 1.6593 (18/01/2024) and the lowest 1.6568 (18/01/2024). The difference between high and low is 0.15.

KYD CAD average rate for January 2024 is 1.64248, the change between 01/01/2024 and 31/01/2024 is -1.49 %.

01 January 20241 KYD = 1.621 CAD
02 January 20241 KYD = 1.620 CAD
03 January 20241 KYD = 1.634 CAD
04 January 20241 KYD = 1.639 CAD
05 January 20241 KYD = 1.639 CAD
06 January 20241 KYD = 1.630 CAD
07 January 20241 KYD = 1.630 CAD
08 January 20241 KYD = 1.644 CAD
09 January 20241 KYD = 1.639 CAD
10 January 20241 KYD = 1.643 CAD
11 January 20241 KYD = 1.642 CAD
12 January 20241 KYD = 1.641 CAD
13 January 20241 KYD = 1.635 CAD
14 January 20241 KYD = 1.635 CAD
15 January 20241 KYD = 1.648 CAD
16 January 20241 KYD = 1.650 CAD
17 January 20241 KYD = 1.653 CAD
18 January 20241 KYD = 1.657 CAD
19 January 20241 KYD = 1.655 CAD
20 January 20241 KYD = 1.638 CAD
21 January 20241 KYD = 1.638 CAD
22 January 20241 KYD = 1.649 CAD
23 January 20241 KYD = 1.654 CAD
24 January 20241 KYD = 1.652 CAD
25 January 20241 KYD = 1.660 CAD
26 January 20241 KYD = 1.653 CAD
27 January 20241 KYD = 1.640 CAD
28 January 20241 KYD = 1.640 CAD
29 January 20241 KYD = 1.649 CAD
30 January 20241 KYD = 1.647 CAD
31 January 20241 KYD = 1.645 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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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