Cayman Islands Dollar

The currency of the Cayman Islands is the Cayman Islands dollar. The Cayman Islands are a British Overseas Territory located in the western Caribbean Sea. The Cayman Islands are an offshore financial center and a popular tourist destination. The Cayman Islands dollar is pegged to the US dollar and is the only legal tender in the Cayman Islands. The Cayman Islands dollar is subdivided into 100 cents. The Cayman Islands dollar was introduced in 1972, replacing the Jamaican dollar. The Jamaican dollar had been the currency of the Cayman Islands since 1959. The Cayman Islands dollar is issued by the Cayman Islands Monetary Authority. The Cayman Islands Monetary Authority is the central bank of the Cayman Islands and is responsible for monetary policy and the issuance of the Cayman Islands dollar. The Cayman Islands dollar is pegged to the US dollar at a rate of 1 Cayman Islands dollar = 1.2 US dollars. The peg to the US dollar was introduced in 1974. The Cayman Islands dollar is also pegged to the Jamaican dollar at a rate of 1 Cayman Islands dollar = 1 Jamaican dollar. The Cayman Islands dollar is used in the Cayman Islands, Turks and Caicos Islands, and the British Virgin Islands. The Cayman Islands dollar is also used by the US military in the Guantanamo Bay Naval Base. The Cayman Islands dollar is the ninth-most traded currency in the world. The Cayman Islands dollar is one of the most stable currencies in the world. The Cayman Islands have a AAA credit rating from Standard & Poor's and Moody's. The Cayman Islands dollar is one of the most popular currencies for offshore banking and investment. The Cayman Islands are a popular tax haven for wealthy individuals and corporations. The Cayman Islands have no capital gains tax, no income tax, and no corporate tax. The Cayman Islands are a British Overseas Territory located in the western Caribbean Sea. The Cayman Islands are an offshore financial center and a popular tourist destination. The Cayman Islands dollar is pegged to the US dollar and is the only legal tender in the Cayman Islands. The Cayman Islands dollar is subdivided into 100 cents. The Cayman Islands dollar was introduced in 1972, replacing the Jamaican dollar. The Jamaican dollar had been the currency of the Cayman Islands since 1959. The Cayman Islands dollar is issued by the Cayman Islands Monetary Authority. The Cayman Islands Monetary Authority is the central bank of the Cayman Islands and is responsible for monetary policy and the issuance of the Cayman Islands dollar. The Cayman Islands dollar is pegged to the US dollar at a rate of 1 Cayman Islands dollar = 1.2 US dollars. The peg to the US dollar was introduced in 1974. The Cayman Islands dollar is also pegged to the Jamaican dollar at a rate of 1 Cayman Islands dollar = 1 Jamaican dollar. The Cayman Islands dollar is used in the Cayman Islands, Turks and Caicos Islands, and the British Virgin Islands. The Cayman Islands dollar is also used by the US military in the Guantanamo Bay Naval Base. The Cayman Islands dollar is the ninth-most traded currency in the world. The Cayman Islands dollar is one of the most stable currencies in the world. The Cayman Islands have a AAA credit rating from Standard & Poor's and Moody's. The Cayman Islands dollar is one of the most popular currencies for offshore banking and investment. The Cayman Islands are a popular tax haven for wealthy individuals and corporations. The Cayman Islands have no capital gains tax, no income tax, and no corporate tax.