Catalog
25 Dollars - Elizabeth II B Series
| Issuer | Cayman Islands Currency Board |
|---|---|
| Year | 1991 |
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| Size | 156 × 66 mm |
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| Reverse description | Multicolour. A cartographic vignette of the Cayman Islands group occupies the centre, with coral motifs at left and a compass rose at centre right. Denomination text and watermark area appear at right, with the printer's imprint along the lower margin. |
| Reverse lettering | CAYMAN ISLANDS CURRENCY BOARD $25 20 CARIBBEAN SEA 80 Cayman Brac Little Cayman North Sound Georgetown Grand Cayman TWENTY FIVE DOLLARS THOMAS DE LA RUE AND COMPANY LIMITED |
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| Comments |
The Cayman Islands Currency Board was established in 1972, the year the islands severed their currency link with Jamaica and began issuing their own dollar — pegged to the US dollar at a rate of CI$1 to US$1.20, a rate that has held without adjustment ever since. That unusual stability reflects the islands' status as a major offshore financial centre, where maintaining a credible fixed rate is a practical economic necessity rather than a policy aspiration.
Thomas De La Rue printed the entire B Series, which replaced the inaugural A Series in the late 1980s. P#14 is the highest denomination in that series.