This information was last updated on February 23, 2023 at 12:05 AM CET. The best currency to use in the Cayman Islands is the United States Dollar (USD). That is quite an investment. Really want to use credit cards as the ones we have do not charge a foreign transaction fee. The KYD conversion factor has 5 significant digits. If I have those I don't have to wonder about my change and the 1.25 conversion factor. The Cayman Islands Dollar is divided into 100 cents. You can convert your foreign change back to dollars at the airport, but with small amounts, you lose quite a bit of value. Note that even in destinations that accept the U.S. dollar, you usually receive change in local currency. The United States Dollar is divided into 100 cents. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. The Cayman dollar is an official national currency and used only on the Cayman Islands. Definitely don't exchange it before you leave the USA - the ForEx rate is usually definitely not to your advantage. Fees are quoted in Cayman Islands Dollars (KYD) and United States (USD) Dollars. The currency code for the Cayman Islands Dollar is KYD. Have never found any need to use an ATM on GC or exchange money prior to going or when on island. +44 0207 148 5800+1 888 772 7771+61 02 6145 2161, Note: fx-rate.net and Enclick Ltd are not authorised to give advice under the Financial Services and Markets Act 2000. Today's Value of 328 Cayman Islands Dollar in Dollars is 393.63 (USD). Live tracking and notifications + flexible delivery and payment options. Enter the amount to be converted in the box to the left of Cayman Islands Dollar. The symbol for KYD can be written CI$. purchasing power compared to US Dollar over the last 10 years. We keep the prices updated by checking the exchange rate margins and fees for each provider, and then apply them to the currency interbank rate; our best projection of their price to customers. What Is an Exchange Rate and What Does It Mean? Again, don't meant to beat this 'dead horse' but it is helpful and you folks are super nice about it! Send money online fast, secure and easy. U.S. Dollar: British Virgin Islands, Puerto Rico, U.S. Virgin Islands, Bonaire, Turks and Caicos, The Florida Keys The following nations use their own currencies: Aruba *: Aruban florin Bahamas *: Bahamian dollar Barbados *: Barbadian dollar Belize *: Belize dollar Bermuda *: Bermudian dollar Cayman Islands *: Cayman Islands dollar Print the charts and take them with you in your purse or wallet while you are traveling. Captain Keith . . Exchange rates can fluctuate by the minute while markets are open. 1 Cayman Islands Dollar (KYD) to United States Dollars (USD) today Home KYD USD 1 KYD to USD 1 KYD = 1.20 USD at the rate on 2023-02-28. Latest Rate . The average yearly salary in the Cayman Islands is 38,900 KYD (USD 46,131). You won't receive this rate when sending money. $1US = 80 cents CI (street rate) IOW your $10US is $8CI. 1972 CAYMAN ISLANDS 25 DOLLARS ROYAL WEDDING ANNIVERSARY GOLD COIN PCGS PR68 CAM. The symbol for KYD can be written CI$. In the last 10 years, the highest rate from Cayman Islands Dollars to US Dollars was on August 25, 2019 when each Cayman Islands Dollar was worth $1.2200 USD. which aggregates real-time forex data from the most authoritative sources. 100 Cayman Islands Dollars = 440.74 United Arab Emirates Dirhams as of March 1, 2023 6:55:00 AM UTC. This means the Cayman Islands Dollar has increased in value compared to the US Dollar. Includes a live currency converter, handy conversion table, last 7 days exchange rate history and some live Cayman Islands Dollar to Dollars charts. 1972 Cayman Islands $25 Queen Elizabeth II Large Silver Crown Coin Nice (V149) $0.99 + $4.99 shipping. Until 1972 the Cayman Islands used the Jamaican dollar, with the British West Indies dollar before that. The Cayman Islands dollar was set via a fixed peg at 1.20 USD back in the 1970s. We use the mid-market rate for our Converter. It makes sense to accept both KYD and USD as most visitors from the United States are bringing USD. Trouble viewing this chart? How can we tell what the exchange rate is on the island versus a bank before leaving? According to our data, USD to KYD is the most popular Cayman Islands exchange rate conversion. Sign up to get notified, and well let you know as soon as we can. Free shipping on many items | Browse your favorite brands . The Cayman Islands dollar is pegged to the United States dollar (USD) at CI $1 = US $1.25 as the 'street' conversion (US $1 = CI $.80). Enter the transfer amount in the selected currency - for example, 2000 KYD. Set an alert now, and well tell you when it gets better. Enter the amount to be converted in the box to the left of Cayman Islands Dollar. Conversion from Cayman Islands dollar to United States dollar can be done at current rates as well as at historical rates - to do this, select the desired exchange rate date. We partner with the most popular currency and cryptocurrency data providers worldwide to bring you the most recent quotes for all major cryptocurrencies. This makes it easy for U.S. residents to travel there, eliminating the hassle of money exchange and the confusion of currency conversions when making a purchase. The currency symbol is $. Reverse. Many countries accept U.S. dollars in place of local cash. Here are a few of them: Level of education. Change % 0.00 KYD . Use "Swap currencies" to make United States Dollar the default currency. 1.0000 KYD = 1.2000 USD Mar 4, 2023 06:00 AM UTC. The prices displayed above are our best guidance on the likely exchange rates, and for indicative purposes only. 1 US Dollar = 0.8333 Cayman Islands Dollars as of March 2, 2023 2:00:02 PM UTC. You can get live exchange rates between Cayman Islands Dollars and US Dollars using exchange-rates.org, You wont receive this rate when sending money. Convert U.S. Dollar (USD) to Cayman Islands Dollar (KYD) 1 U.S. Dollar = 0.8335 Cayman Islands Dollar Monday, 13 February 2023, 10:43 New York time, Monday, 13 February 2023, 10:43 George Town time U.S. Dollar recorded today about 0.83 for every 1 Cayman Islands Dollar. Use this visualization Strongest Currencies Cayman Islands: 1 USD = 0.82 Cayman Islands dollar United States: country uses USD as currency Puerto Rico: country uses USD as currency Panama: 1 USD = 1 Panamanian balboa Cuba: 1 USD = 1 Cuban convertible Peso How much is $ 100 USD in KYD? The exchange rate is CI$1 = US$1.20. The Cayman Islands has a dual-currency economy. 100.00 US dollars = 82 Cayman Islands dollars Historical US dollar / Cayman Islands dollar History of daily rates USD /KYD since Thursday, 13 January 2022. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. | | | Catal | esk | Dansk | Deutsch | | English | Espaol | Eesti | Suomi | Franais | Gaeilge | | Bosanski jezik | Magyar | Indonesia | slenska | Italiano | | | | Lietuvikai | Latvijas | | Melayu | Maltija | Nederlands | Norske | Polski | Portugus | Romn | | Slovensky | Slovenski | Shqiptar | | Svenska | | Trke | | Ting Anh | | , Add currency calculators or rates to your website | Like Coinmill on Facebook, Copyright (C) 2003-2023 Stephen Ostermiller | Privacy Policy, Add currency calculators or rates to your website. Cuba: Cuban peso (note that tourists are officially required to use a special "convertible peso" that has inferior buying power). Picture Information. It's code is KYD and & the symbol is $. The prices displayed above are our best guidance on the likely exchange rates, and for indicative purposes only. Base: Cayman Islands Dollar Second: US Dollar General Chart Technical Forum Overview Historical Data Currency Converter KYD/USD Overview Technical Chart KYD/USD - Cayman Islands Dollar. To use our mobile site, please enable JavaScript. FACT 1: The currency of the Caymaynian Islands is the Cayman Islands Dollar. SILVER - HUGE Coin - 1972 Cayman Islands 25 Dollars - Queen Elizabeth. Cayman dollars come in the following demonimations: $1, $5, $10 . Script: Latin . JodiJacobson / Getty Images. Thanks. Caribbean countries generally use their own currencies, though many tourist destinations throughout the islands accept U.S. dollars to encourage American travelers to visit. 1974 Cayman Islands $25 Silver Proof Churchill Commemorative with OGP (V830) All businesses accept both USD and the local KYD currency. 0.8333 KYD . Free home delivery on orders of 500 or more. According to our data, USD to KYD is the most popular Cayman Islands exchange rate conversion. If you are a tourist visiting Grand Cayman, then you do not need to convert your USD to KYD. I pay in American and change is most often given in Cayman Islands Dollars. All businesses, shops, restaurants and vendors accept US dollars in the Cayman Islands. Use "Swap currencies" to make United States Dollar the default currency. Our currency converter will show you the current rate and how its changed over the past day, week or month. This is for informational purposes only. The United States Dollar is the currency in American Samoa (AS, ASM), British Virgin Islands (VG, VGB, BVI), El Salvador (SV, SLV), Guam (GU, GUM), Marshall Islands (MH, MHL), Micronesia (Federated States of Micronesia, FM, FSM), Northern Mariana Islands (MP, MNP), Palau (PW, PLW), Puerto Rico (PR, PRI), United States (United States of America, US, USA), Turks and Caicos Islands (TC, TCA), Virgin Islands (VI, VIR), Timor-Leste, Ecuador (EC, ECU), Johnston Island, Midway Islands, and Wake Island. The exchange rate for the Jamaican Dollar was last updated on February 27, 2023 from Yahoo Finance. General wisdom says do not carry large sums of cash with you when you travel. Exchange rates constantly change throughout the day and can change at the time of closing a trade. $1 = $1.20 at the rate on 2023-02-12. Cuba enforces an unusual two-currency system: tourists must use "convertible pesos" pegged 1:1 in value to the U.S. dollar, whereas the pesos used by residents are worth far less. Wise US Inc is authorized to operate in most states. Cayman Islands as a Tax Haven These are the highest points the exchange rate has been at in the last 30 and 90-day periods. Global Conversion: 0.00 KYD . These are the average exchange rates of these two currencies for the last 30 and 90 days. XR Graphs & Charts are based on exchange rates that are composite daily buy/sell rates based on Interbank and Official data as reported by central banks, international organizations, currency wholesalers, and government . Convert US Dollars to Cayman Islands Dollars and vice versa as of 3/2/2023. $1 USD = $0.83 KYD. You won't receive this rate when sending money. Choose an appropriate option from the 2 proposed providers and follow the link . Check live rates, send money securely, set rate alerts, receive notifications and more. My last question per what travellingbritny mentioned, do merchants on-island use different conversion rates when you use your credit card or when using US dollars? Our Terms & Conditions Apply, Free currency calculator for your website, Free currency conversion for your website, Free exchange rate table for your website, Kantox exchange rate margins and fees were checked and updated from, Worldremit exchange rate margins and fees were checked and updated from, The Dollar is the currency used in Samoa (American), Virgin Islands (US), British Indian Ocean Territory, Virgin Islands (UK), Turks & Caicos Is, Ecuador, El Salvador, Guam, Northern Mariana Islands, Marshall Islands, Micronesia, US minor outlying islands, Palau, Puerto Rico and United States, The code for the Cayman Islands Dollar is, The symbol for the Cayman Islands Dollar is$, For 2023, one American Dollar has equalled. Exchange rates vary, but banks generally offer a better rate than airport outlets, hotels, or retailers. The high point for the KYD/USD rate If you are a resident of another country or region, please select the appropriate version of Tripadvisor for your country or region in the drop-down menu. You do not need to convert your USD to the Cayman Islands Dollar (KYD) because every business already accepts USD in the Cayman Islands. was 1.2055 US Dollars per Cayman Islands Dollar on May 3, 2022. Get a better exchange rate if you choose to purchase any single currency online from 800 to 2500. We're working on it. Also, exchange bureaus will have fees and/or a less than optimal exchange rate. 08 of 15. The currency symbol is $. Convert USD/KYD - Wise US Dollar to Cayman Islands Dollar Convert USD to KYD at the real exchange rate KYD 1.00000 USD = 0.83000 KYD Mid-market exchange rate at 21:06 UTC Track the exchange rate We can't send money between these currencies We're working on it. Simply type in the box how much you want to convert. Is it best to pay in US dollars, accepting the Cayman dollar as change, or exchanging US dollars for Cayman dollars? Receive daily email about the USD KYD exchange rate. If the exchange rate is .833 on the island and also with a bank here, isn't the only variable what you pay for that exchange? The Cayman Islands is the only country with a stronger currency than the U.S. dollar. Most tours and excursions cost around $100 USD per person. You can get live exchange rates between US Dollars and Cayman Islands Dollars using exchange-rates.org, which aggregates real-time forex data from the most authoritative sources. I plan to spend every cayman dollar I have before leaving the country, since you definitely don't want to try and convert back to US dollars . If you want to eat three meals a day at restaurants, then you can expect to pay around $25 USD per meal per person. FACT 2: The most popular banknotes used in the Cayman Islands are:$1, $5, $10, $25, $50, $100. Exchange rates constantly change throughout the day and can change at the time of closing a trade. These currency charts use live mid-market rates, are easy to use, and are very reliable. FACT 2: The most popular banknotes used in the Cayman Islands are:$1, $5, $10, $25, $50, $100. If there is a local atm fee I get fully reimbursed. We are not staying at a hotel if that is an option. The Cayman Islands Dollar is the currency in Cayman Islands (KY, CYM). Unless I am missing something which is also possible! KYD is solely used in the Cayman Islands. The following nations use their own currencies: Many placesaccept the U.S. dollar, but you should always check before traveling to make sure you have the right money to spend. Cayman Islands Dollars per US Dollar in 2023 . These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. Exchange-rates.org is a currency and cryptocurrency converter tool and data provider used by millions of people across the globe every month. Our currency converter is simple to use and also shows the latest currency rates. That may seem like an easy way to make a currency worth more than the . Our smart tech means were more efficient which means you get a great rate. Order and collect your cash from selected Tesco stores. The current exchange rate is equivalent to 1.2000. KYD - Caymanian Dollar 1.00 US Dollar = 0.82 021508 Caymanian Dollars 1 KYD = 1.21919 USD We use the mid-market rate for our Converter. The currency consists of notes in the amounts of $1, $5, $10, $25, $50 and $100, and four coins in the following denominations - 1 cent, 5 cents, 10 cents . When we do that on the island the merchant makes the exchange rate before charging the card, right? Live tracking and notifications + flexible delivery and payment options. If you are looking for things to do during your vacation, then check out our article where we review the top 25 things to do in Grand Cayman. One Cayman Islands Dollar equals 1.20 US dollar or 1.13 Euro. Therefore, 1 dollar always equals to 1.2000 US dollar. OK, I am truly feeling stupid and feel that there is a piece I am missing. The United States Dollar is also known as the American Dollar, and the US Dollar. We use credit cards without foreign transaction fees as much as possible and do not obsess, but also bring US$ to tip housekeeping at condo,taxi drivers as necessary, and other minor expenses. Also, from reading many various posts on TA, I recognize that anything TravelingBrit says is good as gold and he has already commented. This is for informational purposes only. For personal reasons, I think it will be fun and cool to be use the local currency for a little bit. I also plan on eating at small cash only places. Yes, US dollars are accepted in Grand Cayman. In most cases, a . In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. 1.2000 USD . Also, its best to convert Cayman Islands Dollars to US Dollars early in the week if you need US Dollars urgently. Every time. From countless TA posts and Internet articles this country is obviously one of the ones where there is virtually no need whatsoever to exchange money, even when traveling the countryside. 0.00 USD . Need to know when a currency hits a specific rate? 1 KYD to USD - Convert Caymanian Dollars to US Dollars Amount 1.00$ From KYD - Caymanian Dollar To USD - US Dollar 1.00 Caymanian Dollar = 1.21 94218 US Dollars 1 USD = 0.820061 KYD We use the mid-market rate for our Converter. Every time. In 1974 the Currency Law of 1974 was passed pegging the KYD to the USD at a rate of 1 . April 19, 2005. General wisdom says do not carry large sums of cash with you when you travel. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Click on the drop-downs to select the currencies you want to convert between. There were four denominations of paper currency (the $25, $10, $5 and $1 banknotes) and four coins in 25, 10, 5 and 1 denominations. The Cayman Islands Dollar (KYD) is pegged to the United States Dollar (USD). The code for the Cayman Islands Dollar is KYD The symbol for the Cayman Islands Dollar is $ The Dollar is divided into 100 cents The KY Dollar is divided into 100 cents For 2023, one American Dollar has equalled average: $ 0.833 minimum: $ 0.820 maximum: $ 0.844 This means that both the Cayman Islands Dollar (KYD) and the United States Dollar (USD) are accepted everywhere. These are the average exchange rates of these two currencies for the last 30 and 90 days. How many Cayman Islands dollar is a Euro? We're working on it. Melbourne, FL. The Cayman Islands Dollar also makes it to the list of the top 10 highest currencies in the world as the 6th strongest currency worldwide. Major credit cards such as Visa, Master Card, and American Express work there too, but credit card purchases nearly always occur in the local currency, with conversion rates handled by your card-issuing bank. The Cayman Islands is a dual-currency economy. The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Set an alert now, and well tell you when it gets better. One KYD is 1.1994 USD and one USD is 0.8338 KYD. Get the best deals on Cayman Islands 25 when you shop the largest online selection at eBay.com. or Best Offer. 3.95 delivery for orders under 500. Where is the best place to exchange dollars if necessary? Please note that the prices below are in Cayman dollars and to convert to US dollars add approximately 20%. I think my confusion is the 1.25 conversion that everyone says the merchants use when the 'actual' rate when referenced online and on banks' sites is .833, so you are paying a 3% additional 'fee' from the merchants ($100 US = $80 or $83). History. Our smart tech means were more efficient which means you get a great rate. The currency code for US Dollars is USD. This Cayman Islands Dollar and United States Dollar convertor is up to date with exchange rates from March 3, 2023. Meaning if the atm charges a fee due to your bank's policy per use of the atm or the fee charged before leaving at a bank (convenience fee). What is the best currency to take to Grand Cayman? In countries that use the Euro and some Caribbean nations in South America and Central America (as well as Cuba), you must exchange your U.S. dollars to local currency. The first Cayman Islands currency was issued in 1971. The KYD and USD can be traded 24x5 starting from the time markets open on Monday mornings in Sydney all the way to the time markets close on Fridays at 5 pm in New York. The Cayman Islands Dollar (CI$) is tied to the US Dollar and does not fluctuate. The symbol for JMD can be written J$. Exchange-Rates.org 2023 MBH Media, Inc. Create a chart for any currency pair in the world to see their currency history. What was the highest KYD to AED exchange rate in the last 10 years? When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Alternatively, you may use, The Westin Grand Cayman Seven Mile Beach Resort & Spa, Hampton by Hilton Grand Cayman Seven Mile Beach, http://www.tripadvisor.com/help/how_to_edit_your_posts. The fixed exchange rate is 1 KYD = 1.2 USD. Our currency converter will show you the current rate and how its changed over the past day, week or month. New York Times . 1972 Cayman Islands Silver 25 Dollars Large (45mm) Coin .925 Silver. The Cayman Islands are a small island nation which is currently a British Overseas Territory. Cayman Islands Dollar= 1.2007 (USD) U.S. Dollar 1 USD = 1 KYD = Rate on 3/2/2023 . User-friendly converter, rates, charts, tables and more. The USD conversion factor has 6 significant digits. This post has been removed at the author's request. Sign up to get notified, and well let you know as soon as we can. average: $ 1.202; minimum: $ 1.197; maximum . So right off, I apologize to have to be walked through this! This Cayman Islands Dollar and United States Dollar convertor is up to date with exchange rates from February 23, 2023. And with our daily summaries, youll never miss out on the latest news. The exchange rate used for the KYD/USD currency pair was : 1.2. The Cayman Islands Dollar is the currency in Cayman Islands (KY, CYM). year to date against the US Dollar. In many places, it makes sense to convert at least a few dollars to local cash for tips, small purchases, and transportation. 1 Cayman Islands Dollar = 1.1996031713 United States Dollar 1 United States Dollar = 0.833609 Cayman Islands Dollar Example: convert 15 Cayman Islands Dollar to United States Dollar: 15 Cayman Islands Dollar = 15 1.1996031713 United States Dollar = 17.9940475691 United States Dollar Popular Currency Conversions EUR to USD GBP to USD MXN to USD Weve been featured in some of the most reputable financial publications in the world, including Business Insider, Investopedia and Coindesk. down -1.60% Average: 1.2001 USD over this period. The cryptocurrency values displayed on our site are aggregated from millions of data points and pass through proprietary algorithms in order to deliver timely and accurate prices to our users. Viewing 24 of 64 Homes for Sale in Cayman Islands Showing listings marketed by all brokers in the searched area. The largest, Grand Cayman, is full of gargantuan resorts with all-inclusive options, perfect for those. However, the time between 3-4 PM GMT is often a good time to convert Cayman Islands Dollars to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. The currency code for US Dollars is USD. The islands are . Need to know when a currency hits a specific rate? Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. As a result, the Cayman Islands Dollar has Check the latest currency exchange rates for the Cayman Islands Dollar, US Dollar and all major world currencies. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. The answer to this question depends on how you plan to spend your vacation. The exchange rate had fallen to its lowest value. If you are a tourist, then you can pay for everything with USD. Every time. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-91258583', '');}, 'log_autolink_impression');plane. For starters, Puerto Rico and the U.S. Virgin Islands, both U.S. territories, use the U.S. dollar as the legal currency. The reason why the Cayman Islands is a dual-currency economy is because there are lots of tourists from the US. Conversely, 1 USD is worth 0.8333 KYD. Cayman Islands Dollar to US Dollar Convert KYD to USD at the real exchange rate Amount KYD Converted to USD 1.00000 KYD = 1.20482 USD Mid-market exchange rate at 03:12 UTC Track the exchange rate Spend abroad without hidden fees Sign up today KYD to USD conversion chart 1 KYD = 1.20482 USD As of 1 min ago, 1 KYD 1.20482 USD Mid market rate Rates vary, but you can expect to pay $75 for one tank. Phone +1 345-640-4000 Also, exchange bureaus will have fees and/or a less than optimal exchange rate. Check send rates This is for informational purposes only. This Cayman Islands Dollar to US Dollar currency converter is updated with real-time rates every 15 minutes as of Mar 01, 2023. Best: 1 USD = 0.83361 KYD. against the US Dollar. US Dollar vs Cayman Islands Dollar Chart Last 30 Days. The currency symbol is $. 328 KYD to USD. Get directions. The currency code for Caymanian Dollars is KYD. Fish, coral at centre. You can use it to withdraw American dollars or Cayman Dollars. The KYD/USD rate is up +0.49%. However, having said that, I do in fact plan to grab a couple hundred cayman island dollars or so from the atm once off the (ta && ta.queueForLoad ? That is probably the same fee paid if you convert the US$ prior to travel, so why bother. Please note that all debit transactions for funds withdrawn or payments to third parties, are subject to Cayman Islands Government Stamp Duty of $0.25 per item. We are headed down in a couple weeks. $1 USD = $0.83 KYD. Admission to the park is 10 Cayman Island dollars for self-guided tours and 15 Cayman Island dollars for guided tours. To give you a better idea, we'll analyze the country's salary structure from a few different perspectives:

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