GBP to KYD Exchange Rate - Convert British Pound to Cayman Islands Dollar

Converting from British Pound (GBP) to Cayman Islands Dollar (KYD)

What is British Pound (GBP)

The British Pound Sterling, commonly known as the GBP, is the official currency of the United Kingdom and several of its territories. It is one of the oldest currencies still in use today and is widely recognized around the globe. The symbol for the pound is £, and its ISO code is GBP.

The pound is subdivided into 100 pence, often referred to as "p" in everyday transactions. The currency plays a significant role in international finance and trade, often being used as a reserve currency alongside the US dollar and the Euro. The British economy is one of the largest in the world, and the strength of the GBP often reflects the economic health of the UK.

The exchange rate of GBP can fluctuate due to various factors, including economic data releases, political events, and changes in interest rates. Travelers or businesses looking to convert GBP to other currencies, such as the Cayman Islands Dollar, should keep an eye on these factors to get the best rates.

What is Cayman Islands Dollar (KYD)

The Cayman Islands Dollar, abbreviated as KYD, is the official currency of the Cayman Islands, a British Overseas Territory in the Caribbean. The central bank for the Cayman Islands is the Cayman Islands Monetary Authority (CIMA), which issues banknotes and coins in circulation. The symbol for the Cayman Islands Dollar is $ or CI$, and its ISO code is KYD.

The Cayman Islands Dollar is subdivided into 100 cents. Known for its stability, the KYD is often pegged to the US dollar (USD) at a fixed exchange rate of approximately 1 KYD = 1.20 USD. This peg helps protect the KYD from excessive fluctuations, making it a reliable currency for both residents and visitors.

The economy of the Cayman Islands relies heavily on tourism and financial services. As a result, the KYD is widely accepted only within the islands. When traveling to the Cayman Islands, it is advisable to exchange your home currency, like GBP, into KYD to make transactions easier.

Converting GBP to KYD

When converting British Pounds to Cayman Islands Dollars, one of the most important aspects to consider is the current exchange rate. As of recent data, the exchange rate is approximately 1 GBP = 1.25 KYD. However, this rate can vary, so it is crucial to check the latest rates before making any conversions.

The conversion can be done at banks, currency exchange offices, and online trading platforms. It is also important to be aware of any fees or commissions that might apply during the conversion process, as these can affect the final amount you receive.

In summary, whether traveling to the beautiful shores of the Cayman Islands or engaging in business transactions, understanding the conversion between British Pound and Cayman Islands Dollar is essential for managing your finances effectively.

British Pound to Cayman Islands Dollar conversion table

GBP to KYD conversion table

British Pound (GBP)Cayman Islands Dollar (KYD)
1 GBP1.10702556124 KYD
2 GBP2.21405112249 KYD
3 GBP3.32107668373 KYD
4 GBP4.42810224497 KYD
5 GBP5.53512780621 KYD
6 GBP6.64215336746 KYD
7 GBP7.7491789287 KYD
8 GBP8.85620448994 KYD
9 GBP9.96323005119 KYD
10 GBP11.07025561243 KYD
100 GBP110.70255612428 KYD
200 GBP221.40511224856 KYD
300 GBP332.10766837284 KYD
400 GBP442.81022449713 KYD
500 GBP553.51278062141 KYD
600 GBP664.21533674569 KYD
700 GBP774.91789286997 KYD
800 GBP885.62044899425 KYD
900 GBP996.32300511853 KYD
1 000 GBP1 107.02556124281 KYD
2 000 GBP2 214.05112248563 KYD
5 000 GBP5 535.12780621407 KYD
10 000 GBP11 070.25561242814 KYD
20 000 GBP22 140.51122485627 KYD
50 000 GBP55 351.27806214068 KYD
100 000 GBP110 702.55612428136 KYD
Last updated April 24, 2025 at 11:59 PM