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The Eastern Caribbean dollar (symbol: EC$; code: XCD) is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS). The successor to the British West Indies dollar , it has existed since 1965, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish ...
The Eastern Caribbean Currency Union (ECCU) is one of the world's four regional currency unions. [1] The union is a development of the Organization of Eastern Caribbean States , [ 2 ] in which the member countries agree to share the same currency , the Eastern Caribbean dollar (EC dollar).
This is a list of the central banks and currencies of the Caribbean. There are a number of currencies serving multiple territories; the most widespread are the East Caribbean dollar (8 countries and territories), the United States dollar (5) and the euro (4).
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 ...
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.
In a general sense, the Caribbean can be taken to mean all the nations in and around the Caribbean Sea that lie within an area that stretches from The Bahamas in the north to Guyana in the south, and Suriname in the east to Belize in the west in a general sense. This is an expanse (mostly of ocean) which measures about 1,000 miles (1,600 ...
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Organisation of Eastern Caribbean States Logo. The Organisation of Eastern Caribbean States (OECS; French: Organisation des États de la Caraïbe orientale, OECO) is an inter-governmental organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance between countries and territories in the Eastern Caribbean.