East Caribbean dollar
From Wikipedia, the free encyclopedia
| ISO 4217 Code | XCD |
| User(s) | Organisation of Eastern Caribbean States: Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines |
| Pegged with | U.S. dollar = XCD 2.7 |
| Subunit | |
| 1/100 | cent |
| Symbol | $ |
| Coins | 1, 2, 5, 10, 25 cents, 1 dollar |
| Banknotes | 5, 10, 20, 50, 100 dollars |
| Central bank | Eastern Caribbean Central Bank |
| Website | www.eccb-centralbank.org |
The East Caribbean dollar (currency code XCD) is the currency of eight members of the Organisation of Eastern Caribbean States. It has existed since 1965 and is normally abbreviated with the dollar sign $, or alternatively EC$ to distinguish it from other dollar-denominated currencies. It EC$is divided into 100 cents. The dollar is pegged to the United States dollar at USD 1 = XCD 2.7 since 1976.
Contents |
[edit] States Using the EC$
Six of the members using the XCD are independent states: Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The other two are British overseas territories: Anguilla and Montserrat. The only OECS member state not using the Eastern Caribbean dollar is British Virgin Islands, which uses the U.S. dollar.
[edit] History
The Eastern Caribbean dollar is issued by the Eastern Caribbean Central Bank based in Saint Kitts and Nevis. The bank was established by an agreement (the Eastern Caribbean Central Bank Agreement) signed at Port of Spain on July 5, 1983, as successor to the Eastern Caribbean Currency Authority. The currency replaced the British West Indian dollar, used by the extinct West Indies Federation.
[edit] Coins
Coins in circulation
- 1 cent
- 2 cent
- 5 cent
- 10 cent
- 25 cent
- 1 dollar
[edit] Banknotes
Banknotes in circulation
- 5 dollars
- 10 dollars
- 20 dollars
- 50 dollars
- 100 dollars
| Use Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| Use XE.com: | AUD CAD CHF EUR GBP HKD JPY USD |
Note: Rates obtained from these websites may contradict with pegged rate mentioned above
