Cash usage
Cayman Islands dollar cash is used for local prices and payments. The Cayman Islands Monetary Authority's published framework explains the territory's distinct currency and USD relationship.
Country money guide
Cayman Islands Currency Guide
The Cayman Islands uses the Cayman Islands dollar (KYD) as its official currency. The Cayman Islands Monetary Authority is the territory's monetary authority and regulator for currency matters.
Currency overview
Cayman Islands Dollar in Cayman Islands
CurrencyCayman Islands Dollar
ISO codeKYD
Central bankCayman Islands Monetary Authority
Currency profileView KYD factsMonetary framework
The Cayman Islands dollar is maintained in a fixed relationship with the US dollar.
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KYD1.1945 USD1 KYD = 1.194472 USD
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Currency facts
KYD at a glance
CurrencyCayman Islands Dollar
ISO codeKYD
Symbol$
Minor unitCent
Decimal places2
Central bankCayman Islands Monetary Authority
Currency typeOfficial currency
First issuedThe Cayman Islands dollar was introduced as the territory's currency in 1972.
Money usage guide
Local money guide for the Cayman Islands
Official use
The Cayman Islands dollar (KYD) is the territory's official currency and local accounting unit.
Currency system
The Cayman Islands Monetary Authority manages the territory's distinct dollar system.
Payment environment
Local KYD prices and records should retain the KYD code even when a business also quotes a U.S.-dollar amount.
Currency relationships
KYD has an official fixed relationship with USD but is not a U.S.-dollar denomination.
Cash and payment habits
Cash, cards and local payments
Tipping practices
Restaurants and service businesses may state their own service-charge practice; check the bill rather than assuming a universal rule.
Exchange tips
Planning a conversion
Country-specific guidance
Compare like-for-like KYD and USD amounts, retain the conversion direction and note the provider date used for the calculation.
Before exchanging
Compare the Cayman-dollar result after any card, ATM or exchange-provider charge rather than using a headline reference rate alone.
Optional terminal conversion
When a terminal offers a choice between KYD and a home currency, review the displayed rate before accepting the optional conversion.
Popular currency pairs
KYD conversion links
Related currencies
Regional and monetary links
These links use the country dataset's regional and monetary relationships rather than a single global popularity list.
FAQ
Cayman Islands currency questions
What currency is used in the Cayman Islands?
The Cayman Islands dollar (KYD) is the territory's official currency.
What is the currency code for the Cayman Islands?
The ISO 4217 code for the Cayman Islands dollar is KYD.
Is the Cayman Islands dollar linked to the US dollar?
KYD is maintained in a fixed relationship with the US dollar under the Cayman Islands' published exchange-rate arrangement.
Sources and review
Rate data and official references
Data source: Frankfurter
Rate date:
Reviewed by: CurrencyHub Editorial Team
Editorially reviewed:
Content methodology
Country guidance is assembled from official monetary, payment-system and border-information sources. Missing details are omitted rather than inferred.
Sources
Report an errorExchange-rate information is provided for reference only and is not financial, trading or investment advice.