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40 Dollars - Elizabeth II A Series
| Issuer | Cayman Islands Currency Board |
|---|---|
| Year | 1981 |
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| Reference(s) | P#9 |
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|---|---|
| Obverse lettering | CAYMAN ISLAND CURRENCY BOARD $40 THIS NOTE IS LEGAL TENDER FOR FORTY DOLLARS FORTY DOLLARS CHAIRMAN ISSUED UNDER THE CAYMAN ISLANDS CURRENCY LAW 1974 |
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| Protection description | Sea turtle |
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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.