Historic New Zealand Dollar Cayman Islands dollar

New Zealand Dollar cayman islands dollar history for August 2023. The highest quote for this month is 0.50245 (01/08/2023) and the lowest 0.50701 (01/08/2023). The difference between high and low is -0.91.

NZD KYD average rate for August 2023 is 0.48909, the change between 01/08/2023 and 31/08/2023 is +4.07 %.

01 August 20231 NZD = 0.5061 KYD
02 August 20231 NZD = 0.5008 KYD
03 August 20231 NZD = 0.4968 KYD
04 August 20231 NZD = 0.4955 KYD
07 August 20231 NZD = 0.4940 KYD
08 August 20231 NZD = 0.4975 KYD
09 August 20231 NZD = 0.4935 KYD
10 August 20231 NZD = 0.4942 KYD
11 August 20231 NZD = 0.4902 KYD
12 August 20231 NZD = 0.4908 KYD
14 August 20231 NZD = 0.4897 KYD
15 August 20231 NZD = 0.4873 KYD
16 August 20231 NZD = 0.4856 KYD
17 August 20231 NZD = 0.4835 KYD
18 August 20231 NZD = 0.4831 KYD
20 August 20231 NZD = 0.4858 KYD
21 August 20231 NZD = 0.4818 KYD
22 August 20231 NZD = 0.4829 KYD
23 August 20231 NZD = 0.4841 KYD
24 August 20231 NZD = 0.4867 KYD
25 August 20231 NZD = 0.4824 KYD
28 August 20231 NZD = 0.4819 KYD
29 August 20231 NZD = 0.4814 KYD
30 August 20231 NZD = 0.4862 KYD
31 August 20231 NZD = 0.4855 KYD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.