ForexBeginner

Cayman Islands Dollar (KYD)

a.k.a. KYD

The currency of the Cayman Islands, code KYD, pegged so that one Cayman dollar equals 1.20 US dollars.
In plain English

The currency of the Cayman Islands, code KYD, pegged so that one Cayman dollar equals 1.20 US dollars.

The Cayman Islands dollar (KYD) is fixed to the US dollar, with one KYD worth $1.20. The islands are a major offshore financial centre.

Pegged at a fixed rate, it is not something people trade on price.

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