Paper Money
In 1882, the first private banknotes were issued, denominated in dollars. It was pegged to sterling with 1 dollar = 4 shillings 2 pence. In 1935, the British West Indies dollar was introduced, equal in value to all other dollars circulating in the British West Indies. Private banks continued to issue notes until 1941. The British West Indies dollar was replaced in 1965 by the East Caribbean dollar.
Read more about this topic: Saint Vincent Dollar
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