The Cayman Islands Dollar is divided into 100 cents. The first Cayman Islands currency was issued in 1971. Also, exchange bureaus will have fees and/or a less than optimal exchange rate. The Cayman dollar is an official national currency and used only on the Cayman Islands. In the last 10 years, the highest rate from Cayman Islands Dollars to United Arab Emirates Dirhams was on December 6, 2015 when each Cayman Islands Dollar was worth 4.5477 AED. 3. Also, from reading many various posts on TA, I recognize that anything TravelingBrit says is good as gold and he has already commented. or Best Offer. 100 Cayman Islands Dollars = 120.00 US Dollars as of March 4, 2023 6:00:01 AM UTC. KYD is solely used in the Cayman Islands. Create a chart for any currency pair in the world to see their currency history. The 9 Most Popular Places for Destination Weddings, Beware of the Hidden Costs of a Caribbean Vacation, Guide to the Safest and Most Dangerous Caribbean Islands, Visiting the Caribbean Without a Passport, How to Celebrate Carnival in the Caribbean, A Guide to Airports in the Dominican Republic, Travel to the Caribbean: A Reopening Timeline, Country by Country. = 0 KYD. The currency consists of notes in the amounts of $1, $5, $10, $25, $50 and $100, and four coins in the following denominations - 1 cent, 5 cents, 10 cents . The exchange rate is CI$1 = US$1.20. Yes, US dollars are accepted in Grand Cayman. Until 1972 the Cayman Islands used the Jamaican dollar, with the British West Indies dollar before that. The best way is not to explicitly exchange at all. My reasons: 1. $1 USD = $0.83 KYD. 100 Cayman Islands Dollars = 440.74 United Arab Emirates Dirhams as of March 1, 2023 6:55:00 AM UTC. Check send rates US Dollar to Caymanian Dollar conversion Last updated Mar 1, 2023, 04:24 UTC keep in mind the conversion factor. The Cayman Islands Dollar (KYD) is pegged to the United States Dollar (USD). If you are entering the Cayman Islands with $10,000.00 USD cash or more, then you need to declare the amount in writing to an officer at the airport. The symbol for KYD can be written CI$. This chart shows data from 2022-3-4 to 2023-3-3. You wont receive this rate when sending money. Weve been featured in some of the most reputable financial publications in the world, including Business Insider, Investopedia and Coindesk. Caribbean countries generally use their own currencies, though many tourist destinations throughout the islands accept U.S. dollars to encourage American travelers to visit. 1 KYD = 1.20 USD 1 KYD = 1.13 EUR 1 Cayman Islands Dollar = 1.2000 US Dollars as of February 27, 2023 10:00:01 PM UTC. April 19, 2005. | | | Catal | esk | Dansk | Deutsch | | English | Espaol | Eesti | Suomi | Franais | Gaeilge | | Bosanski jezik | Magyar | Indonesia | slenska | Italiano | | | | Lietuvikai | Latvijas | | Melayu | Maltija | Nederlands | Norske | Polski | Portugus | Romn | | Slovensky | Slovenski | Shqiptar | | Svenska | | Trke | | Ting Anh | | , Add currency calculators or rates to your website | Like Coinmill on Facebook, Copyright (C) 2003-2023 Stephen Ostermiller | Privacy Policy, Add currency calculators or rates to your website. Conversely, 1 USD is worth 0.8333 KYD. Our currency converter will show you the current rate and how its changed over the past day, week or month. However we seldom use our money, just charge things. This is great information. A Master's degree program or any post-graduate program in Cayman Islands costs anywhere from 16,200 Cayman Islands Dollar(s) to 48,600 Cayman Islands Dollar(s) and lasts approximately two years. If you are a resident of another country or region, please select the appropriate version of Tripadvisor for your country or region in the drop-down menu. Dollar Issued under the Cayman Islands Currency Law, 1974 . The islands are the outcroppings of a submarine mountain range that extends northeastward from Belize to Cuba. The high point for the KYD/USD rate The Cayman Islands Dollar is You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. All the other dollars in the vicinity either began on the US dollar unit, in the case of Belize, Bermuda, and the Bahamas, or the Spanish dollar unit in the case of the Eastern . These currency charts use live mid-market rates, are easy to use, and are very reliable. The cost of 1 Cayman Islands Dollar in United States Dollars today is $1.20 according to the "Open Exchange Rates", compared to yesterday, the exchange rate increased by 0.23% (by +$0.0027). The exchange rate had fallen to its lowest value. To view rates between the Cayman Islands Dollar and the US Dollar for a particular year, click on one of the links below. We offer competitive exchange rates and 0% commission on foreign currency. However, the United States Dollar, with a fixed rate of exchange, is widely used in local finance and commerce. $59.99 + $5.55 shipping. The average exchange rate over this period was 1.2000 US Dollars per Cayman Islands Dollar. This is for informational purposes only. You can get live exchange rates between Cayman Islands Dollars and US Dollars using exchange-rates.org, Convert USD/KYD - Wise US Dollar to Cayman Islands Dollar Convert USD to KYD at the real exchange rate KYD 1.00000 USD = 0.83000 KYD Mid-market exchange rate at 21:06 UTC Track the exchange rate We can't send money between these currencies We're working on it. Check live rates, send money securely, set rate alerts, receive notifications and more. The cost of 100 Cayman Islands Dollars in United States Dollars today is $120.05 according to the "Open Exchange Rates", compared to yesterday, the exchange rate remained unchanged. If you are a tourist visiting Grand Cayman, then you do not need to convert your USD to KYD. more, You seem to have JavaScript disabled. Print the charts and take them with you in your purse or wallet while you are traveling. Get our travel tips Delivered to your inbox. Click on the drop-downs to select the currencies you want to convert between. Our smart tech means were more efficient which means you get a great rate. The prices displayed above are our best guidance on the likely exchange rates, and for indicative purposes only. Examples of such items are Cash . From countless TA posts and Internet articles this country is obviously one of the ones where there is virtually no need whatsoever to exchange money, even when traveling the countryside. Use "Swap currencies" to make United States Dollar the default currency. The currency code for Caymanian Dollars is KYD. Powering commercial grade rates at 300+ companies worldwide. Reverse. $11.50 + $5.05 shipping. All businesses, shops, restaurants and vendors accept US dollars in the Cayman Islands. If you plan to rent an AirBNB, and to cook your own meals, then you will save a considerable amount of money. One KYD is 1.1994 USD and one USD is 0.8338 KYD. Cayman Islands Dollar: 1 KYD = 1.21 USD . This means the Cayman Islands Dollar has increased in value compared to the US Dollar. On this page convert KYD to USD using live currency rates as of 27/02/2023 16:37. For personal reasons, I think it will be fun and cool to be use the local currency for a little bit. If you are a tourist visiting Grand Cayman, then you can use USD everywhere. You can convert your foreign change back to dollars at the airport, but with small amounts, you lose quite a bit of value. Cayman dollars come in the following demonimations: $1, $5, $10 . According to our data, USD to KYD is the most popular Cayman Islands exchange rate conversion. 1 Cayman Islands Dollar = 1.2000 US Dollars as of March 4, 2023 6:00:01 AM UTC. ), I have read much of the confusing information and yes, it is all over the place. UNITED STATES MINOR OUTLYING ISLANDS (THE) US Dollar: USD: 840: UNITED STATES OF AMERICA (THE) US Dollar: USD: 840: UNITED STATES OF . 1972 CAYMAN ISLANDS 25 DOLLARS ROYAL WEDDING ANNIVERSARY GOLD COIN PCGS PR68 CAM. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. 0.00 USD . Get directions. down -1.60% All shops, supermarkets, hotels, restaurants and businesses accept both KYD and USD in the Cayman Islands. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. According to our data, USD to KYD is the most popular Cayman Islands exchange rate conversion. The exchange rate for the United States Dollar was last updated on March 2, 2023 from The International Monetary Fund. Convert US Dollars to Cayman Islands Dollars and vice versa as of 3/2/2023. Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Today's Live US Dollar to Cayman Islands Dollar Spot Rate: Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Our smart tech means were more efficient which means you get a great rate. What is the best currency to use in the Cayman Islands. Rates are based on real time exchange rates. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. The Jamaican Dollar is divided into 100 cents. FACT 1: The currency of the Caymaynian Islands is the Cayman Islands Dollar. against the US Dollar. Send money online fast, secure and easy. Without further aggravating Smushie and everyone else (hope not! The exchange rate used for the KYD/USD currency pair was : 1.2. Founder of Georges Watersports & Thingstodocayman.net. Exchange rates are updated every 15 minutes. XR Graphs & Charts are based on exchange rates that are composite daily buy/sell rates based on Interbank and Official data as reported by central banks, international organizations, currency wholesalers, and government . Cuba: Cuban peso (note that tourists are officially required to use a special "convertible peso" that has inferior buying power). Receive daily email about the KYD USD exchange rate. In 1974 the Currency Law of 1974 was passed pegging the KYD to the USD at a rate of 1 . I also plan on eating at small cash only places. We use the mid-market rate for our Converter. Convert U.S. Dollar (USD) to Cayman Islands Dollar (KYD) 1 U.S. Dollar = 0.8335 Cayman Islands Dollar Monday, 13 February 2023, 10:43 New York time, Monday, 13 February 2023, 10:43 George Town time U.S. Dollar recorded today about 0.83 for every 1 Cayman Islands Dollar. KYD is solely used in the Cayman Islands. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. 1 United States dollar = 0 Cayman Islands dollar, 1 Cayman Islands dollar = 0 United States dollar. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Take only what you think you will need until you can get to an ATM again. You can bring up to $10,000.00 USD in cash to the Cayman Islands without needing to declare it. The cash exchange rate is CI$1 = US$1.25 which means that US$20 cash is worth CI$16 or US$5 is worth CI$4. If the exchange rate is .833 on the island and also with a bank here, isn't the only variable what you pay for that exchange? Here are a few of them: Level of education. The Cayman Islands Dollar is the currency in Cayman Islands (KY, CYM). 1 KYD to USD - Convert Caymanian Dollars to US Dollars Amount 1.00$ From KYD - Caymanian Dollar To USD - US Dollar 1.00 Caymanian Dollar = 1.21 94218 US Dollars 1 USD = 0.820061 KYD We use the mid-market rate for our Converter. We will be patronizing some of the small, local eateries on the island, some of which do not accept credit cards. My last question per what travellingbritny mentioned, do merchants on-island use different conversion rates when you use your credit card or when using US dollars? You can convert Cayman Islands Dollars to US Dollars by using the exchange-rates.org currency converter in just one easy step. Please note that all debit transactions for funds withdrawn or payments to third parties, are subject to Cayman Islands Government Stamp Duty of $0.25 per item. #4. 1.0000 KYD = 1.2000 USD Mar 4, 2023 06:00 AM UTC. You won't receive this rate when sending money. OK, I am truly feeling stupid and feel that there is a piece I am missing. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. Click on the drop-downs to select the currencies you want to convert between. We keep the prices updated by checking the exchange rate margins and fees for each provider, and then apply them to the currency interbank rate; our best projection of their price to customers. Worst: 1 USD = 0.83284 KYD. Cayman Islands dollar (KYD) to U.S. dollar (USD) currency exchange rates. Essential Information About Currencies in Europe, The 9 Best Singles Destinations and Resorts in the Caribbean. The Cayman Islands are an archipelago of three islands that sit 150 miles south of Cuba. which aggregates real-time forex data from the most authoritative sources. Official Currency (Money) for Caribbean Countries: (* indicates U.S. dollar also widely accepted), Eastern Caribbean Dollar: Anguilla*, Antigua and Barbuda, Dominica*, Grenada, Montserrat, Nevis*, St. Lucia*, St. Kitts, St. Vincent and the Grenadines*, Euro: Guadeloupe, Martinique, St. Barts, St. Martin, Netherlands Antilles Guilder: Curacao, St. Eustatius, St. Maarten, Saba*, U.S. Dollar: British Virgin Islands, Puerto Rico, U.S. Virgin Islands, Bonaire, Turks and Caicos, The Florida Keys. Fish, coral at centre. Quickly and easily calculate foreign exchange rates with this free currency converter.