Currency Rate Cayman Islands Dollar to USD
Our Currency Rate KYD latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the KYD. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
KYD 1.071783
Selling rate
KYD1.324428
Cayman Islands Dollar (KYD)
Currency Details
Symbol: CI$
ISO Code: KYD
Subunits: 1 Dollar = 100 cents
Banknotes and Coins
The Cayman Islands Dollar is available in both coins and banknotes:
Coins:
Coins are available in denominations of
1 cents
5 cents
10 cents
25 cents
1 dollar.
Banknotes:
Current banknotes in circulation:
$1
$5
$10
$25
$50
$100
The banknotes and coins of the Cayman Islands Dollar feature various marine life, historical figures, and landmarks of the Cayman Islands.
History and Background
The Cayman Islands Dollar has been the official currency of the Cayman Islands since 1972. It is managed and issued by the Cayman Islands Monetary Authority.
Economic Significance
The KYD is crucial to the economy of the Cayman Islands, facilitating trade, investment, and daily transactions. The economy of the Cayman Islands is primarily driven by financial services, tourism, and real estate.
Usage and Exchange
The Cayman Islands Dollar is widely accepted across the Cayman Islands for all transactions. For international visitors and expatriates, exchanging foreign currency for Cayman Islands Dollars can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Cayman Islands Dollar is not just a currency; it is a symbol of the Cayman Islands' economic prosperity, natural beauty, and cultural heritage. Understanding the KYD is essential for anyone engaging with the Cayman Islands' economy, whether as a resident or a visitor. The stability and accessibility of the Cayman Islands Dollar play a significant role in the country's economic growth and development.
Currency Details
Symbol: CI$
ISO Code: KYD
Subunits: 1 Dollar = 100 cents
Banknotes and Coins
The Cayman Islands Dollar is available in both coins and banknotes:
Coins:
Coins are available in denominations of
1 cents
5 cents
10 cents
25 cents
1 dollar.
Banknotes:
Current banknotes in circulation:
$1
$5
$10
$25
$50
$100
The banknotes and coins of the Cayman Islands Dollar feature various marine life, historical figures, and landmarks of the Cayman Islands.
History and Background
The Cayman Islands Dollar has been the official currency of the Cayman Islands since 1972. It is managed and issued by the Cayman Islands Monetary Authority.
Economic Significance
The KYD is crucial to the economy of the Cayman Islands, facilitating trade, investment, and daily transactions. The economy of the Cayman Islands is primarily driven by financial services, tourism, and real estate.
Usage and Exchange
The Cayman Islands Dollar is widely accepted across the Cayman Islands for all transactions. For international visitors and expatriates, exchanging foreign currency for Cayman Islands Dollars can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Cayman Islands Dollar is not just a currency; it is a symbol of the Cayman Islands' economic prosperity, natural beauty, and cultural heritage. Understanding the KYD is essential for anyone engaging with the Cayman Islands' economy, whether as a resident or a visitor. The stability and accessibility of the Cayman Islands Dollar play a significant role in the country's economic growth and development.