Cruisetrekker Posted November 6, 2014 #1 Share Posted November 6, 2014 Do I need to carry Grand Cayman currency or is US ok ? Link to comment Share on other sites More sharing options...
Capt_BJ Posted November 6, 2014 #2 Share Posted November 6, 2014 US is accepted but remember the conversion your $10 US is $8 CI, your $20 is $16 CI (street rate) most of the prices you see will be in CI Link to comment Share on other sites More sharing options...
Cruisetrekker Posted November 6, 2014 Author #3 Share Posted November 6, 2014 Thank you Captain BJ .. I think I will get about 20 US changed to buy a few small items . Bigger purchases can go on the credit card. Link to comment Share on other sites More sharing options...
OCruisers Posted November 6, 2014 #4 Share Posted November 6, 2014 No problem using the US Dollar. It's not worth as much and most places have things priced in CI. Just ask, "How much in US?" LuLu Link to comment Share on other sites More sharing options...
mrsfuzzmo Posted November 6, 2014 #5 Share Posted November 6, 2014 No need to exchange. It's not going to save you money. You give them $20 US and they give you $16 CI, so if you pay for something in CI or in US you're going to pay the same amount, it's just that the price will appear less in CI. Unless you want to have the CI dollars to collect or something, USD works fine. Link to comment Share on other sites More sharing options...
bookbabe Posted November 6, 2014 #6 Share Posted November 6, 2014 Depending on the store, you might get change in CI, though, so have smaller US bills if possible. Link to comment Share on other sites More sharing options...
Capt_BJ Posted November 6, 2014 #7 Share Posted November 6, 2014 (edited) 'technically' 10.00 USD = 8.20000 KYD (this is fixed . . . does not change) but in practice .. "on the street" ... 10 = 8 is what is used (makes the math MUCH easier) there is no reason to try to exchange currency if dealing in small amounts . . . for a larger purchase, if you have cash, you might save by going to a bank and getting the ACTUAL exchange rate. 10,000 = 8,000 vs 10,000 = 8,200 Edited November 6, 2014 by Capt_BJ Link to comment Share on other sites More sharing options...
drew sailbum Posted November 7, 2014 #8 Share Posted November 7, 2014 You wont get 0.82 at the bank on any exchange barring a LARGE wire transfer. Don't bother going to the banks. Just pay with small US$ bills, accept change in Cayman currency. And spend those small Cayman bills. Do not expect US$ change anywhere in Cayman. You're not in Kansas anymore. I wouldn't travel to the US and expect a random merchant to be able to provide change in any given foreign currency. Don't expect that here. I know the airport has a charity collection box where you can drop any miscellaneous Cayman currency. I think, but am not sure, that there is a similar option near the port at the Royal Watler Terminal. Link to comment Share on other sites More sharing options...
mrsfuzzmo Posted November 7, 2014 #9 Share Posted November 7, 2014 You wont get 0.82 at the bank on any exchange barring a LARGE wire transfer. Don't bother going to the banks. Just pay with small US$ bills, accept change in Cayman currency. And spend those small Cayman bills. Do not expect US$ change anywhere in Cayman. You're not in Kansas anymore. I wouldn't travel to the US and expect a random merchant to be able to provide change in any given foreign currency. Don't expect that here. I know the airport has a charity collection box where you can drop any miscellaneous Cayman currency. I think, but am not sure, that there is a similar option near the port at the Royal Watler Terminal. EXCELLENT point! Link to comment Share on other sites More sharing options...
John1928 Posted November 7, 2014 #10 Share Posted November 7, 2014 Do not expect US$ change anywhere in Cayman. You're not in Kansas anymore. I wouldn't travel to the US and expect a random merchant to be able to provide change in any given foreign currency. Don't expect that here. You're right, you wouldn't expect that in the States, but you're also not going to be able to pay with foreign currency for the most part in the US (other than the occasional Canadian small coins masquerading as their south of the border cousins). However, the difference is that you can pay in Dollars in most touristy places in the Caribbean, and you probably can even expect to receive change in US dollars at many (though certainly not all) locations at other stops on the same cruise or elsewhere in the Caribbean. You are correct that it's a good point to make explicitly that this is uncommon in Grand Cayman. Link to comment Share on other sites More sharing options...
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