Fact: The Cayman Islands has its own money
And it’s pretty, too! On the back of all notes there is a portrait of Queen Elizabeth II to reflect our bond to Britain, as well as the Cayman Islands Coat of Arms and Motto. The basic unit is the dollar, issued in notes with denominations of CI$100, 50, 25, 10, 5 and 1, and coins valued at 25 cents, 10, 5 and 1 cent. Since the Cayman dollar is tied to the US dollars (the exchange rate is CI$1.00 = US$1.25), US cash and travelers checks are accepted everywhere in the Cayman Islands.