If you have dollars left over after your trip, head to our Sell your currency tab, fill in the Cayman Isles dollar amount you did not spend (banknotes only, not loose coins) and choose your city. Cambiator will tell you the nearest currency supplier´s stores that will buy your leftover dollars from you and the quantity of Euros they will give you in exchange.
Keep in mind that they will uniquely purchase you dollars notes but not loose change.
Getting to know the best exchange rate for the dollars with respect to the euro every day in Spain, is simple.
The first thing we advise you is to not pay attention the rates of the currency converters you can find on the Internet. These prices are for foerign currency but not for notes. Furthermore, they are restricted to banks. The rates you pay as a consumer are less appealling.
The second thing you should do is look at the direct KYD-EUR exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that changes constantly).
The higher that number is, the more euros you will be handed out for every Cayman Isles dollar you hand in.
For that reason, the best exchange rate will be the higher exchange rate. Cambiator makes it easy for you to obtain the best Cayman Isles dollar to euro exchange rate. Our results page shows Euro offers from highest to lowest rate of the day in five currency providers, airports and banks in Spain.
.On a daily basis, all year round the KYD-EUR rates oscillate in foerign markets, depending on the strength of the Cayman Isles dollar currency against the Euro.
This is why, there is no best moment to sell dollars with euros. However you have at hand free websites like Cambiator that support you by comparing all the dollars being bought by currency suppliers, the airport and the banks. With this information you will ensure you sell your dollars to euro at the best rates on every ocasion you need.
Normally, the online rates of the travel money suppliers in Spain, are more economic than the rates you obtain present yourself directly in one of their offices.
So we advise you to conduct a price comparison when if you plan to change Cayman Isles dollars to euros.
And later Cambiator advices to book online to choose the collect in store delivery method at an office of the currency exchange providers around you. This way you will be handed more euros for your Cayman Isles dollars adequately.
Usually, when we wish to sell dollars KYD to euros in Spain we only think of banks. Neverthelss we do not have in mind that practically almost all Spanish banks charge you a a margin on the dollars KYD that you sell them, besides, a fixed fee of 3% (with a minimum of six to ten euros).
This makes the foreign currency exchange less interesting and almost always it is much more recommended to exchange foreign currency at a high street foreign exchange supplier. These businesses offer the possibility of selling your dollars KYD to euros through collect in store.
Regarding the airport, it is always the least interesting option since it is much less interesting than the currency suppliers located out of these premises.
Banks & Currency providers are retail businesses who buy from currency wholesale companies and travellers the notes they plan to sell to their customers wanting to buy dollars from Cayman Isles at the retail rate or the professional exchange rate (interbank market) and mark-up their working margin.
They profit from the dollars from Cayman Isles you offer them and sell those banknotes to other consumers at their selling price of the day, earning that margin.
For example, if you want to sell dollars from Cayman Isles in exchange for euros, you contact your bank or currency supplier and pay the Buy price of the day they announce. That rate already contains a profit for the currency provider.
The location you are never interested in making a Cayman Isles dollar to euro currency exchange is at the airport. As with the bottle of water at the price of gold, the airport manager and the airport currency supplier, share the benefits of your exchange at the airport. As a rule, the more players that intervene in the currency exchange game the higher the rates to charge to people.
Literally all Spanish banks impose on you a three per cent commission, with a minimum (whichever is higher) quantity of six to ten €.
Absolutely. According to the AML regulations, the Spanish currency suppliers have to demand from you when you exchange travel money to euros (and vice-versa) a valid and current identity document. If you change dollars from Cayman Isles to euros at least they will demand from you for your resident´s ID card (DNI or NIE) or passport.
Travel money providers in Spain normally cap the maximum amount of foreign currency to be changed from Cayman Isles dollar to euro to the equivalent in euros to 3,000 to 6,000 euros per calendar quarter.
This is mandatory by the AML regulations. If you want to change a higher quantity of dollars to Euros, Cambiator recommends to speak directly with the travel money provider.
They might demand from you additional documentation and proof of the origins of your dollars (identity document, passport, certificate of professional activity, income statements, etc.).
In Spain, travel money suppliers and some banks are starting to offer online currency exchange services to their clients when you sell dollars KYD to euros online.
You only have to place an online Cayman Isles dollar to euro reservation. Then select a store of the provider where to pick the euros from. And the day you will go to the chosen agency.
Bear in mind that rates vary each day so it will be optimal to order online the same day you will go to the store.
Best rate of the day (change currency to euros)