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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. The Cayman Islands Dollar is currently stronger than the US Dollar given that 1 KYD is equal to 1.2000 USD. Receive daily email about the USD KYD exchange rate. That is quite an investment. 1 Dollar 1 KYD = USD 1.20 Currency: Dollar (1972-date) Composition: Paper: Size: . Get directions. In the last 10 years, the Cayman Islands Dollar is Exchange-rates.org is a currency and cryptocurrency converter tool and data provider used by millions of people across the globe every month. This is great information. We are not staying at a hotel if that is an option. You wont receive this rate when sending money. Live tracking and notifications + flexible delivery and payment options. FACT 2: The most popular banknotes used in the Cayman Islands are:$1, $5, $10, $25, $50, $100. KYD is solely used in the Cayman Islands. The currency code for US Dollars is USD. In many places, it makes sense to convert at least a few dollars to local cash for tips, small purchases, and transportation. ), I have read much of the confusing information and yes, it is all over the place. The 9 Most Popular Places for Destination Weddings, Beware of the Hidden Costs of a Caribbean Vacation, Guide to the Safest and Most Dangerous Caribbean Islands, Visiting the Caribbean Without a Passport, How to Celebrate Carnival in the Caribbean, A Guide to Airports in the Dominican Republic, Travel to the Caribbean: A Reopening Timeline, Country by Country. Many countries accept U.S. dollars in place of local cash. You won't receive this rate when sending money. against the US Dollar. Click on the drop-downs to select the currencies you want to convert between. Really want to use credit cards as the ones we have do not charge a foreign transaction fee. JodiJacobson / Getty Images. +44 0207 148 5800+1 888 772 7771+61 02 6145 2161, Note: fx-rate.net and Enclick Ltd are not authorised to give advice under the Financial Services and Markets Act 2000. We partner with the most popular currency and cryptocurrency data providers worldwide to bring you the most recent quotes for all major cryptocurrencies. A cryptocurrency company formed in the Cayman Islands owes hundreds of thousands of dollars to the state of Oregon after it was found violating the state's securities laws. The average yearly salary in the Cayman Islands is 38,900 KYD (USD 46,131). Today's Value of 328 Cayman Islands Dollar in Dollars is 393.63 (USD). The best currency to use in the Cayman Islands is the United States Dollar (USD). You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. That is probably the same fee paid if you convert the US$ prior to travel, so why bother. even 1 KYD = 1.20 USD 1 KYD = 1.13 EUR or Best Offer. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. It's code is KYD and & the symbol is $. These percentages show how much the exchange rate has fluctuated over the last 30 and 90-day periods. But this figure can vary depending on many factors. Our currency converter is simple to use and also shows the latest currency rates. You can't really expect any salary increases during the study period, assuming you already have a job. Credit cards issued by U.S. banks don't work in Cuba. On this page convert KYD to USD using live currency rates as of 27/02/2023 16:37. Online interactive currency converter & calculator ensures provding actual conversion information of world currencies according to "Open Exchange Rates" and provides the information in its best way. I created this website to help answer common questions about vacationing in the Cayman Islands, and to help tourists find the best things to do. 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). $59.99 + $5.55 shipping. Simply type in the box how much you want to convert. However we seldom use our money, just charge things. If I have those I don't have to wonder about my change and the 1.25 conversion factor. However, the United States Dollar, with a fixed rate of exchange, is widely used in local finance and commerce. Essential Information About Currencies in Europe, The 9 Best Singles Destinations and Resorts in the Caribbean. The Cayman Islands are an archipelago of three islands that sit 150 miles south of Cuba. $11.50 + $5.05 shipping. The USD conversion factor has 6 significant digits. We're working on it. Sign up to get notified, and well let you know as soon as we can. The Cayman Islands dollar was set via a fixed peg at 1.20 USD back in the 1970s. Print the charts and take them with you in your purse or wallet while you are traveling. FACT 1: The currency of the Caymaynian Islands is the Cayman Islands Dollar. The largest, Grand Cayman, is full of gargantuan resorts with all-inclusive options, perfect for those. Take only what you think you will need until you can get to an ATM again. $1US = 80 cents CI (street rate) IOW your $10US is $8CI. more, You seem to have JavaScript disabled. As a result, the Cayman Islands Dollar has If you plan to rent an AirBNB, and to cook your own meals, then you will save a considerable amount of money. These are the highest points the exchange rate has been at in the last 30 and 90-day periods. Fish, coral at centre. 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. Free shipping. What is the best currency to use in the Cayman Islands. Create a chart for any currency pair in the world to see their currency history. Weve been featured in some of the most reputable financial publications in the world, including Business Insider, Investopedia and Coindesk. You can get live exchange rates between Cayman Islands Dollars and US Dollars using exchange-rates.org, which aggregates real-time forex data from the most authoritative sources. Yes, US dollars are accepted in Grand Cayman. FACT 1: The currency of the Caymaynian Islands is the Cayman Islands Dollar. Average: 1.2001 USD over this period. Looking to make an KYD to USD money transfer? The Cayman Islands Dollar is the currency in Cayman Islands (KY, CYM). The fees are lower, and the exchange rate tends to be very close to the "interbank" rate, rather than the paper rate which you will get if you exchange cash. You can convert your foreign change back to dollars at the airport, but with small amounts, you lose quite a bit of value. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. In 1972 the Cayman Islands dollar was introduced at par with the Jamaican dollar and both currencies remained legal tender on the Cayman Islands. 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. Sign up to get notified, and well let you know as soon as we can. These are the lowest points the exchange rate has been at in the last 30 and 90-day periods. Our smart tech means were more efficient which means you get a great rate. 0.00 USD . lost Our currency converter will show you the current rate and how its changed over the past day, week or month. The symbol for KYD can be written CI$. According to our data, USD to KYD is the most popular Cayman Islands exchange rate conversion. The first Cayman Islands currency was issued in 1971. Also, exchange bureaus will have fees and/or a less than optimal exchange rate. Note that even in destinations that accept the U.S. dollar, you usually receive change in local currency. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Also, its best to convert Cayman Islands Dollars to US Dollars early in the week if you need US Dollars urgently. Do not use your credit cards at an ATM, though - you pay interest from the moment you take out money and there is usually a hefty surcharge - just use your regular bank ATM card. This is for informational purposes only. Cayman Islands, island group and overseas territory of the United Kingdom in the Caribbean Sea, comprising the islands of Grand Cayman, Little Cayman, and Cayman Brac, situated about 180 miles (290 km) northwest of Jamaica. Get our travel tips Delivered to your inbox. Without further aggravating Smushie and everyone else (hope not! Accounts held in other currencies will be charged at equivalent rates. . 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. KYD is solely used in the Cayman Islands. As of today at 05:00AM UTC one cayman dollar is equal to $1.20 (USD) or one us dollar 20 cents. Exchange rates are updated every 15 minutes. 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? 100 KYD to USD 100 KYD = 120.05 USD at the rate on 2023-02-12. 0.8333 KYD . Captain Keith . 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). 100 Cayman Islands Dollars = 120.00 US Dollars as of March 4, 2023 6:00:01 AM UTC. Global Conversion: One Cayman Islands Dollar equals 1.20 US dollar or 1.13 Euro. Dollar Issued under the Cayman Islands Currency Law, 1974 . Wise US Inc is authorized to operate in most states. Today's Live US Dollar to Cayman Islands Dollar Spot Rate: The cost of 100 Cayman Islands Dollars in United States Dollars today is $120.05 according to the "Open Exchange Rates", compared to yesterday, the exchange rate remained unchanged. Convert US Dollars to Cayman Islands Dollars and vice versa as of 3/2/2023. The prices displayed above are our best guidance on the likely exchange rates, and for indicative purposes only. This is the Cayman Islands Dollar (KYD) to US Dollar (USD) exchange rate history summary page, detailing 180 days of KYD USD historical data from Friday 12/08/2022 to Monday 6/02/2023 Highest: 1.2146 USD on 18 Sep 2022. The low point was 1.1885 US Dollars per Cayman Islands Dollar on April 18, 2022. Reverse. Exchange rates vary, but banks generally offer a better rate than airport outlets, hotels, or retailers. The cost of 1 Cayman Islands Dollar in United States Dollars today is $1.20 according to the "Open Exchange Rates", compared to yesterday, the exchange rate increased by 0.23% (by +$0.0027). 1.2000 USD . The best way is not to explicitly exchange at all. The United States Dollar is divided into 100 cents. I need to figure out a means other than an atm as my bank charges huge fees for use of an out of country atm as well as other fees for foreign currency. KYD is solely used in the Cayman Islands. This chart shows data from 2022-3-4 to 2023-3-3. Cayman money is based on the US dollar. Send money online fast, secure and easy. To use our mobile site, please enable JavaScript. Also, exchange bureaus will have fees and/or a less than optimal exchange rate. These currency charts use live mid-market rates, are easy to use, and are very reliable. And with our daily summaries, youll never miss out on the latest news. Exchange rates constantly change throughout the day and can change at the time of closing a trade. Again, don't meant to beat this 'dead horse' but it is helpful and you folks are super nice about it! Powering commercial grade rates at 300+ companies worldwide. Exchange-Rates.org 2023 MBH Media, Inc. How many Cayman Islands dollar is a U.S. dollar? View Map Address 10 Market St, KY1-9006, Cayman Islands. Most tours and excursions cost around $100 USD per person. Exchange rates can fluctuate by the minute while markets are open. The fixed exchange rate is 1 KYD = 1.2 USD. Exchange rates constantly change throughout the day and can change at the time of closing a trade. If you are a tourist, and you already have United States Dollars (USD), then you should bring USD to Grand Cayman. You can get live exchange rates between Cayman Islands Dollars and US Dollars using exchange-rates.org, Change . Today's date is . We're working on it. Check send rates Every time. If you are entering the Cayman Islands with $10,000.00 USD cash or more, then you need to declare the amount in writing to an officer at the airport.