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XCD flagEast 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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XCDEast Caribbean Dollar

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Currency Snapshot

Technical specifications, central bank governance, and market standing for East Caribbean Dollar.

ISO Code

XCD

Standardized ISO 4217 Currency Code

Symbol

$

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Cent Decimals

Subdivision unit definition

Region

East Caribbean (8 nations)

XCD Primary AreaGlobal Trade
Central Bank

Eastern Caribbean Central Bank (ECCB)

Eastern Caribbean Central Bank (ECCB)

Pegged Currency

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.

Fiat (USD-pegged)
Classification
USD/XCD (pegged)
Top Pair Mapping
Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Anguilla (UK), Montserrat (UK)
Main Adoption Regions
East Caribbean Dollar Trading Terminal

Verified Authority

Regulated data streams mapped to Eastern Caribbean Central Bank (ECCB).

Economic Intelligence

XCD Market Insights

Deep-dive analysis of the East Caribbean Dollar's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

N/A (pegged); cheaper imports; pressure on tourism competitiveness

Weak Currency Impact

Weak Currency Impact

N/A (pegged); higher tourism revenues in USD terms

Remittance Role

Remittance Role

Caribbean nations are major remittance receivers relative to GDP; primary sources USA, UK, Canada from Caribbean diaspora

Central Bank Tools

Central Bank Tools

Minimum Reserve Requirements, Discount Rate, Banking supervision

Support & Resources

Common Questions About East Caribbean Dollar

Everything you need to know about XCD exchange rates, banknotes, and historical significance.

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