Currency.Wiki

1 Cayman Islands Dollar to Euro

Updated 1 minute ago
Convert 1 KYD:EUR
 KYD =
    EUR
 Cayman Islands Dollar =  Euros
Trending: $ exchange rates for the last 24 hours
  • KYD/USD 1.206188 0.00633317
  • KYD/EUR 1.109393 -0.00056669
  • KYD/JPY 187.884322 7.94179212
  • KYD/GBP 0.949308 -0.00107727
  • KYD/CHF 1.096408 0.03818045
  • KYD/MXN 20.024043 -0.44801003
  • KYD/INR 100.476277 1.04808082
  • KYD/BRL 6.155782 0.24301588
  • KYD/CNY 8.553443 -0.07447517

KYD/EUR exchange rate analysis over the past 90 days

Cayman Islands Dollar to Euro exchange rate: Over the last 90 days, the Cayman Islands Dollar weakened by -0.05% against the Euro, declining from €1.1100 to €1.1094 per Cayman Islands Dollar. This trend reflects the evolving economic dynamics between the Cayman Islands and the European Union. Factors contributing to this weakening may include:

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

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

kyd/eur Historical Chart

$
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.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Cayman Islands Dollar to Euro 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 KYD to EUR is €1.11.
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Yes, our site provides historical charts that show the trends and fluctuations in the Cayman Islands Dollar to Euro 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.