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 East is marvellously interesting for tracing our steps back. But for going forward, it is nothing. All it can hope for is to be fertilised by Europe, so that it can start on a new phase.”
—D.H. (David Herbert)
“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)
“How can a man be satisfied to entertain an opinion merely, and enjoy it? Is there any enjoyment in it, if his opinion is that he is aggrieved? If you are cheated out of a single dollar by your neighbor, you do not rest satisfied with knowing that you are cheated, or with saying that you are cheated, or even with petitioning him to pay you your due; but you take effectual steps at once to obtain the full amount, and see that you are never cheated again.”
—Henry David Thoreau (1817–1862)