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.
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Famous quotes containing the words east, caribbean and/or dollar:
“The Indians knew that life was equated with the earth and its resources, that America was a paradise, and they could not comprehend why the intruders from the East were determined to destroy all that was Indian as well as America itself.”
—Dee Brown (b. 1908)
“But now Miss America, World’s champion woman, you take your promenading self down into the cobalt blue waters of the Caribbean and see what happens. You meet a lot of darkish men who make vociferous love to you, but otherwise pay you no mid.”
—Zora Neale Hurston (1891–1960)
“Not one of our national officers ever has had a dollar of salary. I retire on full pay!”
—Susan B. Anthony (1820–1906)