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50 Dollars - Elizabeth II D Series

Issuer Cayman Islands Monetary Authority
Year 2010-2018
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Currency Dollar (1972-date)
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Obverse lettering Cayman Islands Monetary Authority $50 Cayman Brac Little Cayman Grand Cayman HE HATH FOUNDED IT UPON THE SEAS Minister of Finance Managing Director This note is legal tender for Fifty Dollars 2010 Series Issued under The Monetary Authority Law © Cayman Islands Monetary Authority
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Reverse lettering Cayman Islands Monetary Authority $50 $50 Fifty Dollars © Cayman Islands Monetary Authority DE LA RUE
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The Cayman Islands Monetary Authority issues its own currency despite the territory having no central bank in the conventional sense — the CIMA fulfills that regulatory role while remaining under Cayman statute rather than UK oversight. The D Series was introduced in 2010 as a general refresh of the circulating series, retaining De La Rue as the printer, a relationship that had defined Cayman banknote production since the Currency Board era of the 1970s.

The CI Dollar is pegged to the US Dollar at a fixed rate of 1.20 USD, a rate that has held unchanged since 1974 and is backed by a statutory reserve requirement rather than active monetary intervention.

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