KYD · KYD
Cayman Islands Dollar (KYD)
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, pegged to the US Dollar at a fixed rate of 1 KYD = 1.20 USD.
Convert this currency
Converted amount
1.2195 USD
Exchange rate
1 KYD = 1.219512 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
KYD · Cayman Islands Dollar
Cayman Islands Dollar (KYD) Overview
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, a British Overseas Territory in the Caribbean. It was introduced in 1972, replacing the Jamaican Dollar at a rate of 1 KYD = 1.20 JMD. The currency is issued by the Cayman Islands Monetary Authority (CIMA) and is subdivided into 100 cents.
The KYD is pegged to the US Dollar (USD) at a fixed exchange rate of 1 KYD = 1.20 USD. This peg provides stability and facilitates trade and tourism with the United States, the islands' largest trading partner. The currency is widely accepted in local businesses, and US dollars are also commonly used in transactions.
The Cayman Islands is a major offshore financial center, and the KYD is known for its strength and stability. The economy is driven by financial services, tourism, and real estate. The currency's value is supported by the territory's political stability and robust regulatory framework. As a result, the KYD is considered a reliable store of value in the region.
- Code
- KYD
- Symbol
- KYD
- Current rate
- USD / KYD
Currency information
Last updated · 8/7/2026
Introduced in 1972, replacing the Jamaican Dollar at par.
- Official name
- Cayman Islands Dollar
- Legal tender status
- Legal tender in the Cayman Islands
- Decimal places
- 2
- Minor unit
- Cent · 1 KYD = 100 Cent
- Countries
- Cayman Islands
- Issuing authority
- Cayman Islands Monetary Authority
- Central bank
- Cayman Islands Monetary Authority · Official website
- Exchange-rate regime
- Pegged to the US Dollar at a fixed rate of 1 KYD = 1.20 USD.
Common banknotes
$1 · $5 · $10 · $25 · $50 · $100
Common coins
1 cent · 5 cents · 10 cents · 25 cents
Also known as
CI Dollar · KYD · Cayman Islands Dollar · $
Practical notes
- The Cayman Islands Dollar is pegged to the US Dollar at a fixed rate of 1 KYD = 1.20 USD.
- US Dollars are widely accepted in tourist areas.
Priority currency pairs
The most useful conversions for this currency.
Cayman Islands Dollar questions
What is the KYD exchange rate?
The displayed rate is the latest available reference rate for USD/KYD. It can change throughout the day.
How can I convert KYD online?
Use the converter above to calculate indicative amounts between KYD and the other supported currencies.