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Cayman Islands

Cayman Islands Dollar

KYD

Official currency of Cayman Islands

CI$ Symbol
CIMA

About the Cayman Islands Dollar

The Cayman Islands Dollar was introduced in 1972, replacing the Jamaican dollar at par. It is pegged to the U.S. Dollar.

The name 'Dollar' was adopted due to the strong economic influence of the United States.

Interesting Facts

A Top 10 Strongest Currency

The Cayman Islands Dollar is consistently one of the top 10 highest-valued currencies in the world, thanks to its status as a major offshore financial haven.

Fixed to the US Dollar

The KYD is pegged to the U.S. Dollar at a fixed rate of 1.20 USD per 1 KYD, a peg that has been in place for decades.

Queen Elizabeth II

As a British Overseas Territory, the banknotes feature a portrait of Queen Elizabeth II.

Historical Timeline

1972

The Cayman Islands Dollar is introduced.

1974

The currency is pegged to the U.S. Dollar at a rate of 1 KYD = 1.20 USD.

Denominations

Banknotes

CI$1 Red
CI$5 Green
CI$10 Blue
CI$25 Brown
CI$50 Purple
CI$100 Orange

Coins

1 cent
5 cents
10 cents
25 cents

Security Features

Watermark Security thread See-through feature Holographic elements

Quick Facts

ISO Code
KYD
Symbol
CI$
Numeric Code
136
Subunit
Cent (1/100)
Introduced
1972-01-01

Central Bank

Name
Cayman Islands Monetary Authority
Headquarters
George Town, Grand Cayman
Founded
1997
Current Governor
Cindy Scotland (since 2002)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
2.2%

What Affects the KYD Exchange Rate?

Fixed peg to the U.S. Dollar
Performance of the financial services and offshore banking sectors
Tourism revenue
Political and regulatory environment for offshore finance

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