East Caribbean Dollar
(XCD) Insights
One of world's oldest monetary unions; shared currency enables trade within OECS bloc; tourism-dependent economies make USD peg essential for price stability; important model for small island monetary union
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Currency Snapshot
Technical specifications, central bank governance, and market standing for East Caribbean Dollar.
XCD
Standardized ISO 4217 Currency Code
$
Unicode Glyphs & Display Symbol
1/100 = Cent Decimals
Subdivision unit definition
East Caribbean (8 nations)
Eastern Caribbean Central Bank (ECCB)
Eastern Caribbean Central Bank (ECCB)
US Dollar (USD)
Market-determined exchange rate mechanism
Currency Standard: Fiat (USD-pegged)
Classified as Fiat (USD-pegged) in global trade networks
Banknotes
EC$5
Coins
1c
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the East Caribbean Dollar, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Eastern Caribbean Central Bank (ECCB).
XCD Market Insights
Deep-dive analysis of the East Caribbean Dollar's global impact, remittance role, and institutional influence.
Strong Currency Impact
N/A (pegged); cheaper imports; pressure on tourism competitiveness
Weak Currency Impact
N/A (pegged); higher tourism revenues in USD terms
Remittance Role
Caribbean nations are major remittance receivers relative to GDP; primary sources USA, UK, Canada from Caribbean diaspora
Central Bank Tools
Minimum Reserve Requirements, Discount Rate, Banking supervision
Common Questions About East Caribbean Dollar
Everything you need to know about XCD exchange rates, banknotes, and historical significance.