Cayman Coin Information
Circulating Coins and Notes
The legal tender in the Cayman Islands is the Cayman Islands currency,
issued under section 18 of the Monetary Authority Law (2010 Revision).
Previous laws were the 1971 Currency Law, followed by the Currency
Law of 1974, which was repealed and replaced by the 1983 Currency
Law Revised. For copies of the current laws contact the Legislative
Department, telephone (345) 949-4236.
The first Cayman Islands currency was issued in 1972. There
were four denominations of paper currency (the $25, $10, $5 and
$1 banknotes) and four coins in 25¢, 10¢, 5¢ and
1¢ denominations. In 1981, two new denominations of banknotes,
the $100 and the $40, were issued. The $50 was introduced in 1985.
The issue of currency is accomplished through dealings with the
local retail banks. These banks are Butterfield, First Caribbean
International Bank, Scotiabank (Cayman Islands) Ltd., Fidelity
Bank (Cayman) Ltd., Cayman National Bank Ltd, the Royal Bank of
Canada and HSBC Cayman.
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