Historic Cayman Islands dollar Australian dollar

Cayman Islands dollar australian dollar history for January 2024. The highest quote for this month is 1.877 (17/01/2024) and the lowest 1.8691 (18/01/2024). The difference between high and low is 0.42.

KYD AUD average rate for January 2024 is 1.84122, the change between 01/01/2024 and 31/01/2024 is -3.69 %.

01 January 20241 KYD = 1.795 AUD
02 January 20241 KYD = 1.796 AUD
03 January 20241 KYD = 1.813 AUD
04 January 20241 KYD = 1.823 AUD
05 January 20241 KYD = 1.829 AUD
06 January 20241 KYD = 1.816 AUD
07 January 20241 KYD = 1.816 AUD
08 January 20241 KYD = 1.832 AUD
09 January 20241 KYD = 1.827 AUD
10 January 20241 KYD = 1.836 AUD
11 January 20241 KYD = 1.830 AUD
12 January 20241 KYD = 1.831 AUD
13 January 20241 KYD = 1.823 AUD
14 January 20241 KYD = 1.823 AUD
15 January 20241 KYD = 1.837 AUD
16 January 20241 KYD = 1.847 AUD
17 January 20241 KYD = 1.860 AUD
18 January 20241 KYD = 1.873 AUD
19 January 20241 KYD = 1.864 AUD
20 January 20241 KYD = 1.848 AUD
21 January 20241 KYD = 1.850 AUD
22 January 20241 KYD = 1.862 AUD
23 January 20241 KYD = 1.868 AUD
24 January 20241 KYD = 1.864 AUD
25 January 20241 KYD = 1.866 AUD
26 January 20241 KYD = 1.862 AUD
27 January 20241 KYD = 1.854 AUD
28 January 20241 KYD = 1.854 AUD
29 January 20241 KYD = 1.864 AUD
30 January 20241 KYD = 1.856 AUD
31 January 20241 KYD = 1.861 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.
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