Foreign Money

[hogan36]

Good Afternoon,



Hope everyone is keeping safe. I just got this paper money from my sister. My sister has 0 knowledge about it and neither do I. She received it from her Mother In Law who passed away. I just want to know if any of this has any type of value to it. Any & all input is welcome. Thank you all!

 

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[CreakyDigger]

I am sorry I don't know the values, but they are very cool, with a young Queen Elizabeth in portrait.

 

[Mackaydon]

https://www.ebay.com/itm/123836842176
Mexican bill lower left
Don.

 

[Buchsy]

You may be able to exchange them through the Cayman Islands Bank. At $1.20 US to $1 Cayman, you have 1.20 X $121 = $145.20, if that were the case.

 

[hogan36]

You may be able to exchange them through the Cayman Islands Bank. At $1.20 US to $1 Cayman, you have 1.20 X $121 = $145.20, if that were the case.

Thank you!

 

[bc5391]

there is usually a time limit on exchanging old currency, so it's only value would be to collectors.

 

[Red-Coat]

there is usually a time limit on exchanging old currency, so it's only value would be to collectors.

From the Cayman Islands Monetary Authority (CIMA):

"While older "A" and "B" series banknotes have been withdrawn, no denominations or issues of currency have been devalued. All notes and coins issued by the Cayman Islands Currency Board and the Cayman Islands Monetary Authority remain legal tender and can be redeemed for face value at any of the local commercial banks or at the Authority's Currency Division located on the Ground Floor of the Government Administration Building, George Town."

That's not to say that an exchange bureau outside the country would be prepared to take them though.

We have a similar situation for British banknotes (but not coins). They retain their face value indefinitely, irrespective of how old or whether they have been withdrawn... but you can only pay them into your bank account or exchange them at the Bank of England (including by post).