Historic Cayman Islands dollar United States dollar

Cayman Islands dollar united states dollar history for August 2023. The highest quote for this month is 1.2279 (21/08/2023) and the lowest 1.2341 (07/08/2023). The difference between high and low is -0.5.

KYD USD average rate for August 2023 is 1.22562, the change between 01/08/2023 and 31/08/2023 is -0.05 %.

01 August 20231 KYD = 1.226 USD
04 August 20231 KYD = 1.228 USD
05 August 20231 KYD = 1.220 USD
07 August 20231 KYD = 1.235 USD
08 August 20231 KYD = 1.228 USD
10 August 20231 KYD = 1.227 USD
12 August 20231 KYD = 1.220 USD
14 August 20231 KYD = 1.222 USD
15 August 20231 KYD = 1.226 USD
17 August 20231 KYD = 1.227 USD
20 August 20231 KYD = 1.220 USD
21 August 20231 KYD = 1.230 USD
28 August 20231 KYD = 1.227 USD

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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