# Eastern Caribbean dollar

> currency of all members of the OECS

**Wikidata**: [Q26365](https://www.wikidata.org/wiki/Q26365)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Eastern_Caribbean_dollar)  
**Source**: https://4ort.xyz/entity/eastern-caribbean-dollar

## Summary
The Eastern Caribbean dollar (XCD) is the official currency of all members of the Organisation of Eastern Caribbean States (OECS), a regional economic and political organization. It was introduced in 1965 to replace the British West Indies dollar and is pegged to the US dollar at a fixed exchange rate. The currency is issued by the Eastern Caribbean Central Bank and is used by Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines.

## Key Facts
- **Currency Code**: XCD (ISO 4217).
- **Issuing Authority**: Eastern Caribbean Central Bank.
- **Exchange Rate**: Pegged to the US dollar at 2.70 XCD = 1 USD.
- **Introduction Date**: 1965.
- **Member Countries**: Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines.
- **Denominations**: Coins and banknotes in various denominations.
- **Symbol**: EC$.
- **Wikipedia Title**: Money of the East Caribbean States.
- **Wikidata Description**: Currency of all members of the OECS.
- **Replaces**: British West Indies dollar.
- **Instance Of**: Currency, Medium of exchange, Unit of account, Store of value.
- **Sitelink Count**: 66.

## FAQs
**What is the Eastern Caribbean dollar used for?**
The Eastern Caribbean dollar is the official currency of all members of the Organisation of Eastern Caribbean States (OECS). It serves as a medium of exchange, unit of account, and store of value within the region. The currency is pegged to the US dollar and is issued by the Eastern Caribbean Central Bank.

**Which countries use the Eastern Caribbean dollar?**
The Eastern Caribbean dollar is used by Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. These countries are all members of the Organisation of Eastern Caribbean States (OECS).

**How is the Eastern Caribbean dollar different from other currencies?**
The Eastern Caribbean dollar is unique because it is a regional currency used by multiple countries within the OECS. It is pegged to the US dollar and is issued by the Eastern Caribbean Central Bank. The currency is designed to facilitate trade and economic integration within the region.

**What is the history of the Eastern Caribbean dollar?**
The Eastern Caribbean dollar was introduced in 1965 to replace the British West Indies dollar. The currency was created to promote economic cooperation and stability among the member countries of the OECS. The Eastern Caribbean Central Bank was established to oversee the issuance and management of the currency.

**How is the Eastern Caribbean dollar managed?**
The Eastern Caribbean dollar is managed by the Eastern Caribbean Central Bank. The central bank is responsible for issuing the currency, maintaining its value, and overseeing its circulation. The currency is pegged to the US dollar at a fixed exchange rate to ensure stability and facilitate trade within the region.

## Why It Matters
The Eastern Caribbean dollar is significant as it serves as the official currency for all members of the Organisation of Eastern Caribbean States (OECS). The currency was introduced in 1965 to replace the British West Indies dollar and is pegged to the US dollar at a fixed exchange rate. The Eastern Caribbean dollar is issued by the Eastern Caribbean Central Bank and is used by Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The currency plays a crucial role in facilitating trade and economic integration within the region. The Eastern Caribbean dollar is a key component of the regional economic and political framework established by the OECS. It promotes stability, facilitates trade, and supports economic cooperation among the member countries. The currency is managed by the Eastern Caribbean Central Bank, which is responsible for its issuance and maintenance. The Eastern Caribbean dollar is a vital tool for economic development and integration within the OECS.

## Notable For
- **Regional Currency**: The Eastern Caribbean dollar is the official currency of all members of the Organisation of Eastern Caribbean States (OECS).
- **Fixed Exchange Rate**: The currency is pegged to the US dollar at a fixed exchange rate of 2.70 XCD = 1 USD.
- **Economic Integration**: The Eastern Caribbean dollar facilitates trade and economic integration within the region.
- **Stability**: The currency is designed to promote stability and ensure the value of the currency is maintained.
- **Issuance by Central Bank**: The Eastern Caribbean dollar is issued by the Eastern Caribbean Central Bank, which oversees its circulation and management.
- **Unique Symbol**: The currency is represented by the symbol EC$.
- **Wikipedia Recognition**: The currency has a dedicated Wikipedia article titled "Money of the East Caribbean States."
- **Wikidata Description**: The currency is described as the currency of all members of the OECS on Wikidata.
- **Replacement of British West Indies Dollar**: The Eastern Caribbean dollar replaced the British West Indies dollar in 1965.
- **Instance of Currency**: The Eastern Caribbean dollar is an instance of currency, medium of exchange, unit of account, and store of value.

## Body

### History and Introduction
The Eastern Caribbean dollar was introduced in 1965 to replace the British West Indies dollar. The currency was created to promote economic cooperation and stability among the member countries of the Organisation of Eastern Caribbean States (OECS). The Eastern Caribbean Central Bank was established to oversee the issuance and management of the currency. The currency is pegged to the US dollar at a fixed exchange rate of 2.70 XCD = 1 USD. This fixed exchange rate ensures stability and facilitates trade within the region.

### Member Countries
The Eastern Caribbean dollar is used by Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. These countries are all members of the Organisation of Eastern Caribbean States (OECS). The OECS is a regional economic and political organization that promotes cooperation and integration among its member countries. The Eastern Caribbean dollar is the official currency of all members of the OECS.

### Management and Issuance
The Eastern Caribbean dollar is managed by the Eastern Caribbean Central Bank. The central bank is responsible for issuing the currency, maintaining its value, and overseeing its circulation. The Eastern Caribbean Central Bank was established to oversee the issuance and management of the currency. The central bank is headquartered in Basseterre, Saint Kitts and Nevis. The Eastern Caribbean Central Bank is responsible for maintaining the stability of the currency and ensuring its value is maintained.

### Economic Integration
The Eastern Caribbean dollar plays a crucial role in facilitating trade and economic integration within the region. The currency is pegged to the US dollar at a fixed exchange rate, which ensures stability and facilitates trade. The Eastern Caribbean dollar is used by all members of the OECS, which promotes economic cooperation and integration. The currency is designed to facilitate trade and economic integration within the region.

### Symbol and Representation
The Eastern Caribbean dollar is represented by the symbol EC$. The currency is also known as the East Caribbean dollar. The currency is issued in various denominations, including coins and banknotes. The Eastern Caribbean dollar is a key component of the regional economic and political framework established by the OECS. The currency is represented by the symbol EC$ and is known as the East Caribbean dollar.

### Wikipedia and Wikidata
The Eastern Caribbean dollar has a dedicated Wikipedia article titled "Money of the East Caribbean States." The article provides information about the currency, its history, and its use within the OECS. The currency is described as the currency of all members of the OECS on Wikidata. The Eastern Caribbean dollar is an instance of currency, medium of exchange, unit of account, and store of value on Wikidata. The currency is also known as the East Caribbean dollar and is represented by the symbol EC$.

### Replacement of British West Indies Dollar
The Eastern Caribbean dollar replaced the British West Indies dollar in 1965. The British West Indies dollar was the official currency of British Guiana and the Eastern Caribbean territories of the British West Indies. The Eastern Caribbean dollar was introduced to replace the British West Indies dollar and promote economic cooperation and stability among the member countries of the OECS. The currency is pegged to the US dollar at a fixed exchange rate to ensure stability and facilitate trade within the region.

### Notable Features
The Eastern Caribbean dollar is notable for its fixed exchange rate, which is pegged to the US dollar. The currency is also notable for its use by all members of the OECS. The Eastern Caribbean dollar is a key component of the regional economic and political framework established by the OECS. The currency is designed to facilitate trade and economic integration within the region. The Eastern Caribbean dollar is represented by the symbol EC$ and is known as the East Caribbean dollar. The currency is issued by the Eastern Caribbean Central Bank, which oversees its circulation and management.

## References

1. Freebase Data Dumps. 2013