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Cayman Islands,
Money
Currency: Cayman Islands Dollar (CI$) = 100 cents. Notes are in denominations of CI$100, 50, 25, 10, 5 and 1. Coins are in denominations of 25, 10, 5 and 1 cents.
Note: The Cayman Islands Dollar is tied to the US Dollar at a fixed rate of CI$1 = US$1.25 although bank charges for currency exchange may result in minor fluctuations.
Currency exchange: US Dollars circulate freely and are the best currency to exchange. ATMs accepting Visa and MasterCard with Cirrus affiliation are located at Cayman National Bank and other banks, and at Owen Roberts International Airport.
Credit & debit cards: All major credit cards are widely accepted. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: Readily accepted. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars.
Currency restrictions: No restriction on import or export of foreign or local currency apart from import of Jamaican dollars, which is restricted to J$20.
Exchange rate indicators: The following figures are included as a guide to the movement of the Cayman Islands Dollar against Sterling and the US Dollar:
| Date | May '04 | Aug '04 | Nov '04 | Feb '05 | | £1.00= | 1.47 | 1.51 | 1.56 | 1.55 | | $1.00= | 0.83 | 0.82 | 0.82 | 0.82 |
Banking hours: Mon-Thurs 0900-1600, Fri 0900-1630. Some banks are open on Saturday mornings.
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