Historic South African rand Cayman Islands dollar

South African rand cayman islands dollar history for February 2024. The highest quote for this month is 0.043529 (01/02/2024) and the lowest 0.043876 (01/02/2024). The difference between high and low is -0.8.

ZAR KYD average rate for February 2024 is 0.04302, the change between 01/02/2024 and 29/02/2024 is +3.36 %.

01 February 20241 ZAR = 0.0437 KYD
02 February 20241 ZAR = 0.0439 KYD
03 February 20241 ZAR = 0.0434 KYD
04 February 20241 ZAR = 0.0434 KYD
05 February 20241 ZAR = 0.0436 KYD
06 February 20241 ZAR = 0.0428 KYD
07 February 20241 ZAR = 0.0433 KYD
08 February 20241 ZAR = 0.0431 KYD
09 February 20241 ZAR = 0.0430 KYD
10 February 20241 ZAR = 0.0431 KYD
11 February 20241 ZAR = 0.0431 KYD
12 February 20241 ZAR = 0.0429 KYD
13 February 20241 ZAR = 0.0431 KYD
14 February 20241 ZAR = 0.0427 KYD
15 February 20241 ZAR = 0.0428 KYD
16 February 20241 ZAR = 0.0430 KYD
17 February 20241 ZAR = 0.0435 KYD
18 February 20241 ZAR = 0.0435 KYD
19 February 20241 ZAR = 0.0433 KYD
20 February 20241 ZAR = 0.0430 KYD
21 February 20241 ZAR = 0.0431 KYD
22 February 20241 ZAR = 0.0431 KYD
23 February 20241 ZAR = 0.0426 KYD
24 February 20241 ZAR = 0.0425 KYD
25 February 20241 ZAR = 0.0425 KYD
26 February 20241 ZAR = 0.0422 KYD
27 February 20241 ZAR = 0.0424 KYD
28 February 20241 ZAR = 0.0427 KYD
29 February 20241 ZAR = 0.0422 KYD

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

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.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

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.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.
ZAR KYD January 2024
ZAR KYD February 2024
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