New Zealand Dollar cayman islands dollar exchange rate history (NZD KYD) February 2024

New Zealand Dollar cayman islands dollar history for February 2024. The highest quote for this month is 0.50815 (24/02/2024) and the lowest 0.50872 (25/02/2024). The difference between high and low is -0.11.

NZD KYD average rate for February 2024 is 0.50041, the change between 01/02/2024 and 29/02/2024 is +0.28 %.

01 February 2024	1 NZD = 0.4972 KYD
02 February 2024	1 NZD = 0.5006 KYD
03 February 2024	1 NZD = 0.4975 KYD
04 February 2024	1 NZD = 0.4978 KYD
05 February 2024	1 NZD = 0.4988 KYD
06 February 2024	1 NZD = 0.4938 KYD
07 February 2024	1 NZD = 0.4973 KYD
08 February 2024	1 NZD = 0.4979 KYD
09 February 2024	1 NZD = 0.4979 KYD
10 February 2024	1 NZD = 0.5043 KYD
11 February 2024	1 NZD = 0.5037 KYD
12 February 2024	1 NZD = 0.5004 KYD
13 February 2024	1 NZD = 0.4992 KYD
14 February 2024	1 NZD = 0.4936 KYD
15 February 2024	1 NZD = 0.4962 KYD
16 February 2024	1 NZD = 0.4977 KYD
17 February 2024	1 NZD = 0.5024 KYD
18 February 2024	1 NZD = 0.5026 KYD
19 February 2024	1 NZD = 0.5000 KYD
20 February 2024	1 NZD = 0.5004 KYD
21 February 2024	1 NZD = 0.5027 KYD
22 February 2024	1 NZD = 0.5035 KYD
23 February 2024	1 NZD = 0.5051 KYD
24 February 2024	1 NZD = 0.5082 KYD
25 February 2024	1 NZD = 0.5086 KYD
26 February 2024	1 NZD = 0.5037 KYD
27 February 2024	1 NZD = 0.5025 KYD
28 February 2024	1 NZD = 0.5027 KYD
29 February 2024	1 NZD = 0.4958 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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