Catalog
| Issuer | Cayman Islands Currency Board |
|---|---|
| Year | 1981 |
| Type | Log in to see details |
| Value | 40 Dollars |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Purple on multicolour underprint. The Cayman Islands Coat of Arms appears at upper centre, flanked by a treasure chest vignette at left and a portrait of Queen Elizabeth II at right; a seahorse device is positioned at upper right. Denomination numerals occupy all four corners, with guilloche rosette work framing the design throughout. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Watermark |
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| Comments |
The Cayman Islands Currency Board was established under the Currency Law of 1971, and the islands' dollar was pegged to the US dollar at a rate of CI$1 to US$1.20 — a rate that has held unchanged to this day, making it one of the most stable fixed exchange arrangements in the Caribbean. The A Series, of which this is part, was the board's first comprehensive set of notes after the territory stopped using the Jamaican dollar.
Anthony Buckley was the Royal Household's principal portrait photographer at the time, and his image of Elizabeth II was used across numerous Commonwealth issues printed by De La Rue during this period.