KYD is the abbreviation for the currency of the Cayman Islands. KYD is the abbreviation of the Cayman Islands Dollar, which is the currency that replaced the former island currency of the Jamaican dollars in The KYD is made up of coins, which were minted by World Coin Corporation, in denominations of 1 cent, 5 cents, 10 cents and 25 cents. Since the Jamaican pound was discontinued, and the KYD became the sole circulating currency in the Cayman Islands, more denominations of banknotes have been produced. This law is called the Currency Law and it still stands today. Since , the Cayman Islands Monetary Authority has been responsible for the issuing of all currency within the Cayman Islands.
Convert U.S. Dollar (USD) to Cayman Islands Dollar (KYD)
KYD - Caymanian Dollar rates, news, and tools
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A thriving, innovative and well regulated Cayman Islands Financial Services system and currency that meets applicable international standards and provides value to stakeholders. The Authority, however, was not established just to continue what was already in place under a different guise but rather to enhance Cayman's ability to maintain a well regulated financial services regime and monetary stability. Independence significantly enhanced CIMA's ability to meet international standards of supervision, accountability and transparency, and has more clearly defined its functions, duties, powers and obligations. For a better experience on Cayman Islands Monetary Authority, update your browser. Subscribe For RSS.
What's in this Cayman Islands currency guide? Which countries use the Cayman Islands Dollar? No, the Cayman Islands Dollar is freely available and convertible. See guide: What is a closed currency? Save money and time by Ordering your Cayman Islands Dollars online from Travelex, you get better rates and can pick up the KYD cash locally or even on travel day at the airport.