United States dollar cayman islands dollar history for May 2023. The highest quote for this month is 0.82 (21/05/2023) and the lowest 0.82 (21/05/2023). The difference between high and low is 0.
USD KYD average rate for May 2023 is 0.81532, the change between 01/05/2023 and 31/05/2023 is -0.24 %.
| 15 May 2023 | 1 USD = 0.8126 KYD |
| 17 May 2023 | 1 USD = 0.8150 KYD |
| 21 May 2023 | 1 USD = 0.8200 KYD |
| 24 May 2023 | 1 USD = 0.8146 KYD |
| 31 May 2023 | 1 USD = 0.8145 KYD |
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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.