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 one exception being the British Virgin Islands). It has existed since 1965, being the successor to 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 July 7, 1976 and the exchange rate is US$1 = EC$2.70.

Read more about East Caribbean Dollar:  Circulation, History, Coins, Banknotes

Famous quotes containing the words east, caribbean and/or dollar:

    In order to get to East Russet you take the Vermont Central as far as Twitchell’s Falls and change there for Torpid River Junction, where a spur line takes you right into Gormley. At Gormley you are met by a buckboard which takes you back to Torpid River Junction again.
    Robert Benchley (1889–1945)

    It is a curious thing to be a woman in the Caribbean after you have been a woman in these United States.
    Zora Neale Hurston (1891–1960)

    Your Dollar is your only Word,
    The wrath of it your only fear.

    “You build it altars tall enough
    To make you see, but your are blind;
    You cannot leave it long enough
    To look before you or behind.
    Edwin Arlington Robinson (1869–1935)