Historic New Zealand Dollar Cayman Islands dollar

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 20241 NZD = 0.4972 KYD
02 February 20241 NZD = 0.5006 KYD
03 February 20241 NZD = 0.4975 KYD
04 February 20241 NZD = 0.4978 KYD
05 February 20241 NZD = 0.4988 KYD
06 February 20241 NZD = 0.4938 KYD
07 February 20241 NZD = 0.4973 KYD
08 February 20241 NZD = 0.4979 KYD
09 February 20241 NZD = 0.4979 KYD
10 February 20241 NZD = 0.5043 KYD
11 February 20241 NZD = 0.5037 KYD
12 February 20241 NZD = 0.5004 KYD
13 February 20241 NZD = 0.4992 KYD
14 February 20241 NZD = 0.4936 KYD
15 February 20241 NZD = 0.4962 KYD
16 February 20241 NZD = 0.4977 KYD
17 February 20241 NZD = 0.5024 KYD
18 February 20241 NZD = 0.5026 KYD
19 February 20241 NZD = 0.5000 KYD
20 February 20241 NZD = 0.5004 KYD
21 February 20241 NZD = 0.5027 KYD
22 February 20241 NZD = 0.5035 KYD
23 February 20241 NZD = 0.5051 KYD
24 February 20241 NZD = 0.5082 KYD
25 February 20241 NZD = 0.5086 KYD
26 February 20241 NZD = 0.5037 KYD
27 February 20241 NZD = 0.5025 KYD
28 February 20241 NZD = 0.5027 KYD
29 February 20241 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.
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