Cayman Islands dollar united states dollar history for July 2023. The highest quote for this month is 1.226 (05/07/2023) and the lowest 1.2301 (31/07/2023). The difference between high and low is -0.33.
KYD USD average rate for July 2023 is 1.22847, the change between 01/07/2023 and 31/07/2023 is -0.42 %.
| 05 July 2023 | 1 KYD = 1.227 USD |
| 25 July 2023 | 1 KYD = 1.227 USD |
| 31 July 2023 | 1 KYD = 1.232 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.