Historic South African rand Cayman Islands dollar

South African rand cayman islands dollar history for January 2024. The highest quote for this month is 0.044589 (01/01/2024) and the lowest 0.044754 (01/01/2024). The difference between high and low is -0.37.

ZAR KYD average rate for January 2024 is 0.04355, the change between 01/01/2024 and 31/01/2024 is +2.96 %.

01 January 20241 ZAR = 0.0447 KYD
02 January 20241 ZAR = 0.0447 KYD
03 January 20241 ZAR = 0.0439 KYD
04 January 20241 ZAR = 0.0436 KYD
05 January 20241 ZAR = 0.0436 KYD
06 January 20241 ZAR = 0.0439 KYD
07 January 20241 ZAR = 0.0439 KYD
08 January 20241 ZAR = 0.0435 KYD
09 January 20241 ZAR = 0.0439 KYD
10 January 20241 ZAR = 0.0437 KYD
11 January 20241 ZAR = 0.0437 KYD
12 January 20241 ZAR = 0.0437 KYD
13 January 20241 ZAR = 0.0441 KYD
14 January 20241 ZAR = 0.0441 KYD
15 January 20241 ZAR = 0.0437 KYD
16 January 20241 ZAR = 0.0437 KYD
17 January 20241 ZAR = 0.0430 KYD
18 January 20241 ZAR = 0.0427 KYD
19 January 20241 ZAR = 0.0431 KYD
20 January 20241 ZAR = 0.0431 KYD
21 January 20241 ZAR = 0.0431 KYD
22 January 20241 ZAR = 0.0428 KYD
23 January 20241 ZAR = 0.0424 KYD
24 January 20241 ZAR = 0.0431 KYD
25 January 20241 ZAR = 0.0432 KYD
26 January 20241 ZAR = 0.0432 KYD
27 January 20241 ZAR = 0.0437 KYD
28 January 20241 ZAR = 0.0437 KYD
29 January 20241 ZAR = 0.0435 KYD
30 January 20241 ZAR = 0.0434 KYD
31 January 20241 ZAR = 0.0434 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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
ZAR KYD March 2024
ZAR KYD April 2024
ZAR KYD May 2024
ZAR KYD June 2024
ZAR KYD July 2024
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ZAR KYD September 2024
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ZAR KYD December 2024
ZAR KYD January 2025