Currency.Wiki

1 Canadian Dollar to Cayman Islands Dollar

Updated 29 minutes ago
Convert 1 CAD:KYD
 CAD =
    KYD
 Canadian Dollar =  Cayman Islands Dollars
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.728735 -0.01419439
  • CAD/EUR 0.678108 -0.01121647
  • CAD/JPY 113.311729 2.41850233
  • CAD/GBP 0.583104 -0.00554732
  • CAD/CHF 0.661618 0.01267637
  • CAD/MXN 12.315038 -0.42508610
  • CAD/INR 60.828413 -0.82191413
  • CAD/BRL 3.708605 -0.00106403
  • CAD/CNY 5.265402 -0.02113508

CAD/KYD exchange rate analysis over the past 90 days

Canadian Dollar to Cayman Islands Dollar exchange rate: Over the last 90 days, the Canadian Dollar weakened by -1.98% against the Cayman Islands Dollar, declining from $0.6195 to $0.6075 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Cayman Islands. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Canada and Cayman Islands.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Canada and Cayman Islands.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Canada or Cayman Islands.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Canada relative to the Cayman Islands.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cad/kyd Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

$
Cayman Islands Dollar Currency

Country: Cayman Islands

Symbol: $

ISO Code: KYD

Bank: Cayman Islands Monetary Authority

Interesting fact about Cayman Islands Dollar

The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands. It has been in circulation since 1972, replacing the Jamaican Dollar. The KYD is pegged to the United States Dollar (USD) at a fixed exchange rate. It is widely accepted in the Cayman Islands for all transactions and holds significant importance in the local economy.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Cayman Islands Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CAD to KYD is $0.61.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Cayman Islands Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.