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 official currency is the East Caribbean Dollar but most places accept the higher value US dollar too and quote prices in either currency.
ANTIGUA Carlisle Bay Carlisle Bay Shirley Heights Shirley Heights Time zone: GMT -4hrs Currency: East Caribbean Dollar pounds 1 = 4.
THE local currency is the East Caribbean dollar (EC$) while the US dollar is also legal tender.
As for the UN not having a common currency, many countries in the world use the US dollar and, in any case, there are already singlecurrencies in existence such as the East Caribbean Dollar and the CFA Franc in Africa, but these have not led to single, federal states.
The Barbados dollar (-15%) and Jamaican dollar (-9%) are down, though demand is up for the East Caribbean dollar (+3%)suggesting that St Lucia and Antigua may be big in 2010.
For instance, many Caribbean islands, such as Saint Lucia and Dominica, use the East Caribbean dollar.
After finding Mr Mullany's phone had been bought for 200 East Caribbean Dollars (around pounds 40) by a local woman Francesca de la Cruz, officers then examined the device.
Tonight I shall eat freshly-caught fish at the St James's Club Docksider Restaurant and watch the lights twinkling across the bay before losing a small fistful of East Caribbean dollars in the hotel's casino.

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