Historic Cayman Islands dollar Barbadian dollar

Cayman Islands dollar barbadian dollar history for August 2023. The highest quote for this month is 2.439 (05/08/2023) and the lowest 2.439 (05/08/2023). The difference between high and low is 0.

KYD BBD average rate for August 2023 is 2.42319, the change between 01/08/2023 and 31/08/2023 is 0 %.

01 August 20231 KYD = 2.421 BBD
02 August 20231 KYD = 2.421 BBD
03 August 20231 KYD = 2.421 BBD
04 August 20231 KYD = 2.421 BBD
05 August 20231 KYD = 2.439 BBD
07 August 20231 KYD = 2.421 BBD
08 August 20231 KYD = 2.421 BBD
09 August 20231 KYD = 2.421 BBD
10 August 20231 KYD = 2.421 BBD
11 August 20231 KYD = 2.421 BBD
12 August 20231 KYD = 2.439 BBD
14 August 20231 KYD = 2.421 BBD
15 August 20231 KYD = 2.421 BBD
16 August 20231 KYD = 2.421 BBD
17 August 20231 KYD = 2.421 BBD
18 August 20231 KYD = 2.421 BBD
20 August 20231 KYD = 2.439 BBD
21 August 20231 KYD = 2.421 BBD
22 August 20231 KYD = 2.421 BBD
23 August 20231 KYD = 2.421 BBD
24 August 20231 KYD = 2.421 BBD
25 August 20231 KYD = 2.421 BBD
28 August 20231 KYD = 2.421 BBD
29 August 20231 KYD = 2.421 BBD
30 August 20231 KYD = 2.421 BBD
31 August 20231 KYD = 2.421 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

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.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.