Historic Cayman Islands dollar Iranian Rial

Cayman Islands dollar iranian rial history for February 2024. The highest quote for this month is 51575.6 (15/02/2024) and the lowest 51849.5 (02/02/2024). The difference between high and low is -0.53.

KYD IRR average rate for February 2024 is 51469.8037, the change between 01/02/2024 and 29/02/2024 is -0.06 %.

01 February 20241 KYD = 51649.20 IRR
02 February 20241 KYD = 51560.80 IRR
03 February 20241 KYD = 51219.50 IRR
04 February 20241 KYD = 51219.50 IRR
05 February 20241 KYD = 51097.30 IRR
06 February 20241 KYD = 51488.70 IRR
07 February 20241 KYD = 51528.60 IRR
08 February 20241 KYD = 51539.80 IRR
09 February 20241 KYD = 51538.40 IRR
12 February 20241 KYD = 51597.90 IRR
13 February 20241 KYD = 51553.30 IRR
14 February 20241 KYD = 51550.80 IRR
15 February 20241 KYD = 51556.10 IRR
16 February 20241 KYD = 51581.70 IRR
17 February 20241 KYD = 51219.50 IRR
18 February 20241 KYD = 51219.50 IRR
19 February 20241 KYD = 51543.50 IRR
20 February 20241 KYD = 51556.50 IRR
21 February 20241 KYD = 51557.80 IRR
22 February 20241 KYD = 51568.00 IRR
23 February 20241 KYD = 51525.70 IRR
24 February 20241 KYD = 51219.50 IRR
25 February 20241 KYD = 51219.50 IRR
26 February 20241 KYD = 51591.00 IRR
27 February 20241 KYD = 51545.70 IRR
28 February 20241 KYD = 51554.70 IRR
29 February 20241 KYD = 51682.20 IRR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.