Cayman Islands Dollar

The Cayman Islands Dollar remained unchanged at 0.82 in April from 0.82 in March of 2014. Cayman Islands Dollar averaged 0.83 from 2006 until 2014, reaching an all time high of 0.86 in March of 2006 and a record low of 0.82 in November of 2007. The USDKYD spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDKYD spot exchange rate is quoted and exchanged in the same day, the USDKYD forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Cayman Islands Dollar - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.82 0.82 0.86 0.82 0.82 | 2014/04 2006 - 2014 Daily

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Cayman Islands Dollar
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 0.82 2014-04-21 0.82 0.86 0.82 0.82 2014-04-30 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Cayman Islands Balance of Trade at -174.70 KYD Million  
Cayman Islands recorded a trade deficit of 174.70 KYD Million in the second quarter of 2013. Balance of Trade in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
Cayman Islands Imports at 214.40 KYD Million  
Imports in Cayman Islands increased to 214.40 KYD Million in the fourth quarter of 2013 from 187.50 KYD Million in the third quarter of 2013. Imports in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
Cayman Islands Exports at 3.50 KYD Million  
Exports in Cayman Islands increased to 3.50 KYD Million in the second quarter of 2013 from 2.30 KYD Million in the first quarter of 2013. Exports in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
Cayman Islands GDP Annual Growth Rate at 0.80 Percent  
The Gross Domestic Product (GDP) in Cayman Islands expanded 0.80 percent in the third quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
Cayman Islands Population at 0.06 Million  
The total population in Cayman Islands was last recorded at 0.1 million people in 2012 from 0.0 million in 1960, changing 500 percent during the last 50 years. Population in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
Cayman Islands Inflation Rate at 1.70 Percent  
The inflation rate in Cayman Islands was recorded at 1.70 percent in the fourth quarter of 2013. Inflation Rate in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
Cayman Islands Personal Income Tax Rate at 0.00 percent  
The Personal Income Tax Rate in Cayman Islands stands at 0 percent. Personal Income Tax Rate in Cayman Islands is reported by the Ministry of Finance, Tourism and Development.
Cayman Islands Corporate Tax Rate at 0.00 percent  
The Corporate Tax Rate in Cayman Islands stands at 0 percent. Corporate Tax Rate in Cayman Islands is reported by the Ministry of Finance, Tourism and Development.
Cayman Islands Current Account at -467.00 KYD Million  
Cayman Islands recorded a Current Account deficit of 467 KYD Million in 2012. Current Account in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
Cayman Islands Government Budget at -1.10 Percent of GDP  
Cayman Islands recorded a Government Budget deficit equal to 1.10 percent of the countrys Gross Domestic Product in 2012. Government Budget in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
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