East Caribbean Dollar Currency | Saint Vincent Grenadines

East Caribbean Dollar

East Caribbean Dollar:

East Caribbean dollar is the common official currency used by the eight-member nations, with seven full members and one associate member, of the group called OECS (Organisation of Eastern Caribbean States—however, the two associate members the British Virgin Islands and Martinique do not use the East Caribbean Dollar). There are six independent states and two British Overseas Territories in OECS. The six independent states comprise Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines; and the British Territories are Anguilla and Montserrat. The six independent states and the two British Overseas Territories are collectively grouped as the ECCU (Eastern Caribbean Currency Union).

In order to distinguish East Caribbean Dollar from other currencies with the same dollar, it is denoted by the symbol EC$. The East Caribbean Dollar is further subdivided into one hundred equal parts called cents.

The paper currency notes in circulation are of the denominations 5, 10, 20, 50 and 100 EC$ and the coins in use are 5, 10, 25 cents and 1 EC$. As at 2014, the total population using East Caribbean Dollar was estimated as 6,13,000 in ECCU.

East Caribbean Dollar

East Caribbean Dollar (Saint Vincent and the Grenadines):

Code: XCD

Symbol: $

Subunit        

1/100 = cent

Banknotes:

5, 10, 20, 50, 100 dollars

Coins:

5, 10, 25 cents, and 1 dollar

Users:

Antigua and Barbuda

Dominica

Grenada

Montserrat

Saint Kitts and Nevis

Saint Lucia

Saint Vincent and the Grenadines

Anguilla

Central bank:

Eastern Caribbean Central Bank

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