East Caribbean dollar

An East Caribbean dollar

The East Caribbean dollar (sign: $; code: XCD) is the currency of eight of the nine members of the Organisation of Eastern Caribbean States (the exception is the British Virgin Islands).

It has existed since 1965, when it replaced the British West Indies dollar, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated currencies.

The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar since 1976 and the exchange rate is currently at US$1 = EC$2.70.


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