East Caribbean Dollar (XCD)
a.k.a. XCD
The shared currency of several Eastern Caribbean islands, code XCD, pegged at 2.70 to the US dollar.
In plain English
The shared currency of several Eastern Caribbean islands, code XCD, pegged at 2.70 to the US dollar.
The East Caribbean dollar (XCD) is used by a group of island nations and territories, including Grenada, St Lucia, Dominica and Antigua and Barbuda. It is issued by the Eastern Caribbean Central Bank and has been fixed at 2.70 per US dollar since 1976.
It is a small-scale example of a currency union with a peg.
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