New Zealand Dollar cayman islands dollar exchange rate history (NZD KYD) December 2023

New Zealand Dollar cayman islands dollar history for December 2023. The highest quote for this month is 0.51882 (30/12/2023) and the lowest 0.54346 (25/12/2023). The difference between high and low is -4.75.

NZD KYD average rate for December 2023 is 0.50864, the change between 01/12/2023 and 31/12/2023 is -3.37 %.

01 December 2023	1 NZD = 0.5019 KYD
02 December 2023	1 NZD = 0.5093 KYD
03 December 2023	1 NZD = 0.5081 KYD
04 December 2023	1 NZD = 0.5069 KYD
05 December 2023	1 NZD = 0.5027 KYD
06 December 2023	1 NZD = 0.4998 KYD
07 December 2023	1 NZD = 0.5011 KYD
08 December 2023	1 NZD = 0.5024 KYD
09 December 2023	1 NZD = 0.5021 KYD
10 December 2023	1 NZD = 0.5021 KYD
11 December 2023	1 NZD = 0.4999 KYD
12 December 2023	1 NZD = 0.4993 KYD
13 December 2023	1 NZD = 0.5001 KYD
14 December 2023	1 NZD = 0.5045 KYD
15 December 2023	1 NZD = 0.5062 KYD
16 December 2023	1 NZD = 0.5092 KYD
17 December 2023	1 NZD = 0.5092 KYD
18 December 2023	1 NZD = 0.5089 KYD
19 December 2023	1 NZD = 0.5064 KYD
20 December 2023	1 NZD = 0.5107 KYD
21 December 2023	1 NZD = 0.5098 KYD
22 December 2023	1 NZD = 0.5130 KYD
23 December 2023	1 NZD = 0.5162 KYD
24 December 2023	1 NZD = 0.5165 KYD
25 December 2023	1 NZD = 0.5157 KYD
26 December 2023	1 NZD = 0.5146 KYD
27 December 2023	1 NZD = 0.5168 KYD
28 December 2023	1 NZD = 0.5176 KYD
29 December 2023	1 NZD = 0.5192 KYD
30 December 2023	1 NZD = 0.5188 KYD
31 December 2023	1 NZD = 0.5188 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.

Historic New Zealand Dollar Cayman Islands dollar