The KYD/USD pair shows how many US dollars one Cayman Islands dollar buys, with the KYD pegged to the USD at a fixed rate of 1 KYD = 1.20 USD since 1974.
The curve shows the change in one unit of KYD expressed in USD. 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.
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.
Du au · 20 observations
The KYD/USD currency pair represents the exchange rate between the Cayman Islands dollar (KYD), the base currency, and the US dollar (USD), the quote currency. This directed pair indicates how many US dollars are needed to purchase one Cayman Islands dollar. The KYD is pegged to the USD at a fixed rate of 1 KYD = 1.20 USD, a policy established in 1974. An appreciation of the KYD means it strengthens relative to the USD, though the peg limits fluctuations. This pair is primarily used by businesses and individuals engaged in trade, tourism, and financial services between the Cayman Islands and the United States.
The structural drivers of KYD/USD are dominated by the fixed exchange rate regime maintained by the Cayman Islands Monetary Authority (CIMA). The peg to the USD ties the KYD's value directly to US monetary policy set by the Federal Reserve. Interest rate differentials between the two economies are minimal due to the peg, but changes in US interest rates influence the Cayman Islands' financial sector. Inflation and economic growth in the Cayman Islands, driven largely by tourism and offshore financial services, affect demand for the KYD. Capital flows, particularly from the US, and global risk sentiment also play roles, as the Cayman Islands is a major offshore financial center.
Over the past several years, the KYD/USD exchange rate has remained extremely stable due to the long-standing peg. Since 1974, the rate has been fixed at 1 KYD = 1.20 USD, with only minor deviations within a narrow band. This stability reflects the Cayman Islands' commitment to the peg as a cornerstone of its economic policy. The peg has survived various global financial events, including the 2008 financial crisis and the COVID-19 pandemic, without adjustment. Looking ahead, any change in the peg would require significant economic shifts, but no such changes are anticipated based on available information.
This analysis is provided for information only and is neither a forecast nor financial advice.
The table remains readable without JavaScript and repeats the latest chart points.
| Date UTC | Rate | Change |
|---|---|---|
| 1,21951221 | +0% | |
| 1,21951221 | +0% | |
| 1,21951221 | +0% | |
| 1,21951221 | -0.48% | |
| 1,2254136 | -0.05% | |
| 1,22607172 | +0% | |
| 1,22607172 | +0.04% | |
| 1,22562988 | +0.01% |
Follow KYD/USD for conversion, transfers and international payments.
Displayed source: api.forex. Indicative values are used only as a visual fallback.