Wednesday, April 8, 2015

Brief note on currency and prices on Grand Cayman

GC has its own currency called the Cayman Island dollar.  No big surprise. Also, every place takes US dollars.  The surprise is all prices are shown in "dollars".  1 CID is worth 1.25 US dollars so one gets a bit of a surprise when something shown as $10 is actually $12.50 US.  Prices are higher here but actually not too bad.  Change is always given in CID's.  I always wonder how much i am losing in the CID to USD to CID transaction.  I basically hand over US dollars and hope for the best.   Like I said, more expensive than in the US but not even close to the 2x to 3x multiple in Bermuda.  

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