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Chart · 7 jours

Cayman Islands Dollar (KYD) exchange-rate chart to Euro (EUR)

The KYD/EUR pair shows how many Euros are needed to buy one Cayman Islands Dollar, reflecting the strength of the Cayman Islands economy against the Eurozone.

Current rate
1,05963416
1 KYD = 1,05963416 EUR
Source
Market rate
api.forex
Observed 04/08 00:00 UTC
Reading guide

What does the KYD/EUR chart show?

The curve shows the change in one unit of KYD expressed in EUR. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.

Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.

Interpretation

Variation, volatility and context

Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.

Minimum 1,05792685
Maximum 1,06919583
Average 1,06233661
Total change -0.93%
Observed movement

KYD/EUR sur 7 jours

Du au · 6 observations

api.forex
Market series supplied by api.forex.
Editorial analysis

Understanding the KYD/EUR pair

The KYD/EUR currency pair represents the exchange rate between the Cayman Islands Dollar (KYD), the official currency of the Cayman Islands, and the Euro (EUR), the common currency of the Eurozone. This directed pair indicates how many Euros are required to purchase one Cayman Islands Dollar. When the KYD appreciates against the EUR, it means that the Cayman Islands Dollar has strengthened, making it more expensive to buy KYD with Euros. This pair is relevant for investors, businesses, and travelers engaged in transactions between the Cayman Islands and the Eurozone, particularly in the financial services and tourism sectors.

The Cayman Islands Dollar is pegged to the US Dollar at a fixed rate of 1 KYD = 1.20 USD, which means its value is closely tied to the US economy and monetary policy set by the US Federal Reserve. In contrast, the Euro is managed by the European Central Bank (ECB), which sets interest rates and conducts monetary policy for the Eurozone. The exchange rate between KYD and EUR is therefore influenced by the relative strength of the US Dollar and the Euro, as well as by economic factors such as inflation, growth differentials, trade flows, and risk sentiment. The Cayman Islands' economy is heavily reliant on financial services and tourism, while the Eurozone is a large and diverse economic bloc. Capital flows, commodity prices, and global risk appetite also play roles in determining the pair's movements.

Over the past several years, the KYD/EUR exchange rate has been shaped by the US Dollar's performance against the Euro, given the KYD's peg to the USD. When the US Dollar strengthens, the KYD tends to appreciate against the Euro, and vice versa. Key drivers have included divergent monetary policies between the Federal Reserve and the ECB, as well as economic shocks such as the COVID-19 pandemic and geopolitical events. While specific historical figures are not provided, the pair has generally moved in line with USD/EUR trends, with periods of volatility during times of global uncertainty. Looking ahead, the pair will continue to be influenced by US and Eurozone economic data, central bank decisions, and global market conditions.

This analysis is provided for information only and is neither a forecast nor financial advice.

Latest available observations

The table remains readable without JavaScript and repeats the latest chart points.

Date UTCRateChange
1,05926832 -0.01%
1,05939029 -0.51%
1,06483671 +0.65%
1,05792685 -0.51%
1,06340165 -0.54%
1,06919583
Reading

Understand the trend

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Data

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

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