Cayman Islands (KYD) Exchange Rates on 24th January 2020 (24/01/2020)
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Exchange rates for Cayman Islands (KYD)
| Updated: 2020-01-24 | |||||||||
| Convert from | Convert to | 1 KYD | Conversion | in currency | Conversion | ||||
 KYD |
 GBP |
0.9108 | KYD to GBP | 1.0979 | GBP to KYD | ||||
| KYD |
 BGN |
2.1172 | KYD to BGN | 0.4723 | BGN to KYD | ||||
| KYD |
 HRK |
8.0587 | KYD to HRK | 0.1241 | HRK to KYD | ||||
| KYD |
 CZK |
27.2415 | KYD to CZK | 0.0367 | CZK to KYD | ||||
| KYD |
 DKK |
8.0892 | KYD to DKK | 0.1236 | DKK to KYD | ||||
| KYD |
 EEK |
0 | KYD to EEK | 0 | EEK to KYD | ||||
| KYD |
 HUF |
364.6811 | KYD to HUF | 0.0027 | HUF to KYD | ||||
| KYD |
 KZT |
453.6897 | KYD to KZT | 0.0022 | KZT to KYD | ||||
| KYD |
 LVL |
0.7236 | KYD to LVL | 1.382 | LVL to KYD | ||||
| KYD |
 LTL |
3.5321 | KYD to LTL | 0.2831 | LTL to KYD | ||||
| KYD |
 MKD |
66.6684 | KYD to MKD | 0.015 | MKD to KYD | ||||
| KYD |
 MDL |
21.2914 | KYD to MDL | 0.047 | MDL to KYD | ||||
| KYD |
 NOK |
10.7609 | KYD to NOK | 0.0929 | NOK to KYD | ||||
| KYD |
 PLN |
4.5961 | KYD to PLN | 0.2176 | PLN to KYD | ||||
| KYD |
 RON |
5.1752 | KYD to RON | 0.1932 | RON to KYD | ||||
| KYD |
 RUB |
74.0252 | KYD to RUB | 0.0135 | RUB to KYD | ||||
| KYD |
 SKK |
0 | KYD to SKK | 0 | SKK to KYD | ||||
| KYD |
 SEK |
11.4038 | KYD to SEK | 0.0877 | SEK to KYD | ||||
| KYD |
 CHF |
1.1608 | KYD to CHF | 0.8615 | CHF to KYD | ||||
| KYD |
 TRY |
7.0948 | KYD to TRY | 0.1409 | TRY to KYD | ||||
| KYD |
 UAH |
29.3855 | KYD to UAH | 0.034 | UAH to KYD | ||||
Cayman Islands Dollar (KYD)
Sign $
1 Cayman Islands Dollar is subdivided into 100 cents.
The Cayman Islands dollar is the official currency of the United Kingdom overseas territory of the Cayman Islands. Each dollar is symbolized with the "$" sign or "CI$" depending on the context and the international currency code is KYD. Each KYD can be split into 100 cents with the circulation and monetary policies overseeing the KYD handled solely by the Cayman Islands Monetary Authority. The KYD is currently pegged at CI$1:US$1.2 exchange rate with the United Sates dollar (USD). The Cayman Islands are the fifth largest financial center in the world helping it to its status as having the 15th largest GDP in the world.
Coins used:
1, 5, 10, 25 cents
Banknotes used:
1, 5, 10, 25, 50, 100 dollars
Central Bank
Cayman Islands Monetary Authority
http://www.cimoney.com.ky
The Cayman Islands Monetary Authority currently maintains in circulation coins minted in values of 1, 5, 10, and 25 cents and paper currency valued at 1, 5, 10, 25, 50, and 100 dollars . There was at one time a CI$40 banknote that was issued for a couple years beginning in 1981, but it was soon discontinued. The CI$100 first came into circulation in 1982 and the CI$50 banknote was first printed in 1987.
The Island economy is strong with the residents of the Cayman Islands enjoying the highest standard of living throughout the Caribbean. There is no income tax, corporate tax, nor capital gains tax. In fact these features no doubt bolster the Cayman Islands as a finance center of the world. The KYD itself is is the 13th highest value currency unit in the world, one place below the euro.
The Cayman Islands has long been sought by those that want a tax haven and/or a place to store assets and cash that is beyond the reach of their domicile country. It has long been the practice of the Cayman government to protect such individuals and corporations. This stance was put to the test recently when United States President Barack Obama expressed his intent to take away such tax havens and to remove the ability of offshore banking protectorates like the Islands to continue business as usual. Within 24 hours the Cayman Island Financial Services Association responded in open letter format explaining to the President the critical nature and function the Cayman Islands serve in supporting the United States financial system and that an attack on the Cayman's system would inevitably cause harm to the US system.
Other References
Wikipedia article on Cayman Islands Dollar
XE.com Live Currency Converter for KYD
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