Question 1

In which countries is the Eastern Caribbean dollar used?

Accepted Answer

The Eastern Caribbean dollar (XCD) is the official currency of eight member states and territories of the Organisation of Eastern Caribbean States (OECS): Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, and Anguilla (British territory). It is issued by the Eastern Caribbean Central Bank (ECCB).

Question 2

Is the US dollar accepted in the Eastern Caribbean?

Accepted Answer

Yes. The US dollar is widely accepted across the Eastern Caribbean islands, particularly in hotels, tourist restaurants and shops. However, change will typically be given in XCD. For local markets, transport and small businesses, having XCD is preferable.

Question 3

Is the XCD pegged to the US dollar?

Accepted Answer

Yes. The Eastern Caribbean dollar has been pegged to the US dollar at a fixed rate of 2.70 XCD per 1 USD since 1976, maintained by the ECCB (Eastern Caribbean Central Bank). The EUR/XCD rate therefore moves primarily in line with the EUR/USD rate.

Question 4

What EUR/XCD rate does Paris Change offer today?

Accepted Answer

The EUR/XCD rate shown on this page is our real rate, updated every 5 minutes. It corresponds exactly to the rate applied at the counter, with no commission or hidden fees.

Question 5

Is cash necessary in Saint Lucia or Grenada?

Accepted Answer

Yes. Despite card acceptance in hotels and tourist restaurants, XCD cash remains essential at local markets (Castries Market in Saint Lucia, St George's Market in Grenada), public minibuses, local taxis and small traders outside tourist zones.

Question 6

Should I budget for tips in the Eastern Caribbean?

Accepted Answer

Yes. Tipping is well established in the Eastern Caribbean. In restaurants, a 10–15% service charge is often added automatically to the bill. If not, leaving 10–15% in cash is the norm. Porters, guides and taxi drivers also appreciate a gratuity in XCD or USD.

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