East Caribbean dollar

Antigua and Barbuda Antigua and Barbuda Dominica Dominica Grenada Grenada Montserrat Montserrat *) Saint Kitts Nevis St. Kitts and Nevis Saint Lucia St. Lucia Saint Vincent Grenadines St. Vincent and the Grenadines

0 *) British Overseas Territories

1 USD = 2.7 XCD (fix)

1 EUR = 3.7052 XCD 1 XCD = 0.26989 EUR

1 CHF = 3.0366 XCD 1 XCD = 0.32932 CHF

The East Caribbean dollar ( EC $, East Caribbean dollar ) since 1965, the currency of the Eastern Caribbean Currency Union or the Organization of Eastern Caribbean States (with the exception of the British Virgin Islands) and thus common official currency of six independent states and two British overseas territories in the Caribbean. These have a common past as British colonies and protectorates, are members of the Commonwealth of Nations and have, with the exception of Dominica to the British monarch as head of state.

The East Caribbean Dollar is XCD pegged since 1976 at the rate of 1 USD = 2.70 to the U.S. dollar, which is also widely accepted as a second currency.

History

The East Caribbean dollar is the successor of the West Indies dollar, which was used in the West Indies Federation. From 1950 used except today's countries, Barbados, British Guiana, British Virgin Islands, Trinidad & Tobago, the common currency.

It is issued by the Eastern Caribbean Central Bank. This was created on July 5, 1983 by the Eastern Caribbean Central Bank Agreement as successor to the Eastern Caribbean Currency Authority. Office of the Bank is Basseterre on St. Kitts.

Bills

Banknotes with values ​​of $ 5, $ 10, $ 20, $ 50 and $ 100 in circulation and contribute as much a portrait of the head of state Queen Elizabeth II as all the coins

Coins with values ​​of 1, 2, 5, 10 and 25 cents and $ 1 in circulation.