Historic Cayman Islands dollar Pound sterling

Cayman Islands dollar pound sterling history for January 2024. The highest quote for this month is 0.9729 (05/01/2024) and the lowest 0.9706 (03/01/2024). The difference between high and low is 0.24.

KYD GBP average rate for January 2024 is 0.96468, the change between 01/01/2024 and 31/01/2024 is -0.53 %.

01 January 20241 KYD = 0.9616 GBP
02 January 20241 KYD = 0.9609 GBP
03 January 20241 KYD = 0.9716 GBP
04 January 20241 KYD = 0.9689 GBP
05 January 20241 KYD = 0.9673 GBP
07 January 20241 KYD = 0.9589 GBP
08 January 20241 KYD = 0.9675 GBP
09 January 20241 KYD = 0.9632 GBP
10 January 20241 KYD = 0.9654 GBP
11 January 20241 KYD = 0.9627 GBP
12 January 20241 KYD = 0.9600 GBP
14 January 20241 KYD = 0.9562 GBP
15 January 20241 KYD = 0.9646 GBP
16 January 20241 KYD = 0.9658 GBP
17 January 20241 KYD = 0.9695 GBP
18 January 20241 KYD = 0.9680 GBP
19 January 20241 KYD = 0.9654 GBP
21 January 20241 KYD = 0.9601 GBP
22 January 20241 KYD = 0.9669 GBP
23 January 20241 KYD = 0.9659 GBP
24 January 20241 KYD = 0.9673 GBP
25 January 20241 KYD = 0.9649 GBP
26 January 20241 KYD = 0.9651 GBP
28 January 20241 KYD = 0.9606 GBP
29 January 20241 KYD = 0.9655 GBP
30 January 20241 KYD = 0.9658 GBP
31 January 20241 KYD = 0.9667 GBP

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.