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The exchange rate of $4.80 = £1 sterling (equivalent to the old $1 = 4s 2d) continued until 1976 for the new Eastern Caribbean dollar. [ 1 ] For a wider outline of the history of currency in the region see Currencies of the British West Indies .
East Caribbean dollar: XCD: Eastern Caribbean Central Bank: 2.70 XCD = 1.00 USD Antigua and Barbuda Dominica Grenada Montserrat Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Aruba: Aruban florin: AWG: Central Bank of Aruba: 1.79 AWG = 1.00 USD Bahamas: Bahamian dollar: BSD: Central Bank of The Bahamas: 1.00 BSD = 1.00 USD ...
View history; General ... This is a list of circulating fixed exchange rate currencies, ... U.S. dollar: 177.721 East Caribbean dollar: U.S. dollar:
The private banking sector tended to use Spanish dollar accounts at the fixed exchange rate of $1 = 4s 2d. The Eastern Caribbean group formed a monetary union with British Guiana in 1949 and the currency was known as the British West Indies dollar. Trinidad and Tobago left the arrangement in 1964.
Anguilla's currency is the East Caribbean dollar, though the US dollar is also widely accepted. [2] The exchange rate is fixed to the US dollar at US$1 = EC$2.70. History
The exchange rate of $4.80 = £1 sterling (equivalent to the old $1 = 4s 2d) continued right into up until 1976 for the new Eastern Caribbean dollar. For a wider outline of the history of currency in the region see Currencies of the British West Indies.
The Eastern Caribbean Central Bank (ECCB) [2] is a supranational central bank that serves Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines, all members of the Organisation of Eastern Caribbean States (OECS) that use the ECCB-issued Eastern Caribbean Dollar as their currency.
The East Caribbean dollar is pegged to the United States dollar, and has been for over 35 years since 1976, [11] having previously been pegged to the pound sterling. [11] In 1965, the Eastern Caribbean Currency Authority was established (coming after the British Caribbean Currency Board), to distribute currency, but The Bahamas withdrew from ...