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Currency FAQs

How can old or damaged notes and coins be redeemed in the Cayman Islands?

Damaged Cayman Islands banknotes and coins can be redeemed at local commercial banks or at the Authority's Currency Division, located on the Ground Floor of the Government Administration Building in George Town. They can also be sent by mail to the Authority. You can find our address and location details here.

Without prior written consent from the Authority, it is illegal to print or publish anything that resembles all or part of a banknote or coin. It is also illegal to mutilate, deface, or perforate any currency note or coin that is legal tender in the Cayman Islands. For more details, please refer to the Reproduction Guidelines.

The Authority only sells coins and notes that are minted or printed for the Cayman Islands, which are considered "legal tender".

Cayman Islands banknotes are printed by De La Rue Printing, while the coins are minted by the British Royal Mint.

The retail exchange rate used by Cmrai is CI$1.00 = US$1.227.

The Authority redeems numismatic coins only at their face value.

While the older "A" and "B" series banknotes have been withdrawn, no denominations or issues of currency have been devalued. All notes and coins issued by the Cayman Islands Currency Board and the Cayman Monetary Regulatory Authority International remain legal tender and can be redeemed at face value at any local commercial bank or at the Authority's Currency Division on the Ground Floor of the Government Administration Building in George Town.

The Authority does not accept credit cards or personal cheques. Payment can be made using cash, wire transfers, drafts drawn on local commercial banks, or International Money Orders/drafts. (Note: There is a 15-day processing period for IMOs and international drafts).

The Authority does not offer coin valuation or appraisal services.

The Authority operates a retail window solely for collector items. Foreign Exchange Services are provided to the public by local commercial banks.

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