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5 Dollars - Elizabeth II B Series, Revised Colouring
| Issuer | Cayman Islands Currency Board |
|---|---|
| Year | 1996 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | A central vignette presents a sailing schooner on open water before the skyline of George Town, with a coral motif at left. The issuer's name is inscribed above, with the denomination in words at right and below. |
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| Protection description | Queen Elizabeth II portrait; embedded security thread running vertically through the note. |
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| Comments |
The B Series revision in 1996 adjusted the colour balance across the Cayman Islands note range primarily to improve machine-readability and deter the generation of colour photocopiers then becoming widely available in the Caribbean. De La Rue carried out similar palette corrections for several small-territory issuers during this period for exactly that reason.
The Cayman Islands Currency Board was established under the Currency Law of 1971, separating local issuance from the Eastern Caribbean system. The territory's dollar has been pegged to the US dollar at 1.20 since 1974 — one of the most stable fixed rates in the region, which has kept demand for high-denomination notes modest and circulation volumes low relative to most comparable jurisdictions.