Cayman Islands dollar - Definition and Overview

The dollar is the currency of the Cayman Islands. It is subdivided into 100 cents. As of January 6, 2005, 1 Cayman Islands dollar was worth US$1.21250 (there's a loose US$1.2 peg). The currency was created in 1971, and the money was issued beginning May 1, 1972. Before then, the Cayman Islands had used the Jamaican dollar. Jamaican dollars remained legal tender for a transitional period ending on August 31, 1972.

See this link (http://www.cimoney.com.ky/templates/HTMLPage/defaultdisplay.asp?text_id=HTMLPage71864&button=9) for more information on the history.

Coins in circulation [1] (http://www.cimoney.com.ky/templates/HTMLPage/DefaultDisplay.asp?text_id=HTMLPage73028&button=9)

• 1 cent
• 5 cent
• 10 cent
• 25 cent

Banknotes in circulation [2] (http://www.cimoney.com.ky/templates/HTMLPage/DefaultDisplay.asp?text_id=HTMLPage72144&button=9)

• $1
• $5
• $10
• $25
• $40 (introduced in 1981)
• $50 (introduced in 1985)
• $100 (introduced in 1981)

Example Usage of Islands