East Caribbean Dollar

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East Caribbean Dollar

The currency for all members and associate members of the Organisation of Eastern Caribbean States except for the British Virgin Islands. It traces its origins to the Spanish dollar, the world's leading currency in the 18th century, but it was first issued in 1965, replacing the British West Indian dollar at par.
References in periodicals archive ?
The European Union is providing EC$39 million (One EC dollar = US$0.
The existence of this common currency may raise the risk of money laundering, but there is little evidence that the EC dollar is a primary vehicle for money laundering.
Agriculture Minister Saboto Caesar told Parliament that banana exports to the United Kingdom between January and September this year varied from a low of 135 boxes, generating EC$2,700 (One EC dollar = US$0.
Last December it unveiled a plan it said would help reverse an EC$43 million (One EC Dollar = US0.