Currency of Dominica: East Caribbean dollar
East Caribbean dollar · XCD · Currency Union
Who Issues Dominica's Currency
Instead of issuing a fully independent national unit, Dominica participates in the shared regional system behind the East Caribbean dollar (XCD). The currency carries symbol EC$ and ISO numeric code 951. The monetary setup also includes a formal exchange-rate anchor rather than an unconstrained float.
The East Caribbean dollar is issued at regional level by Eastern Caribbean Central Bank, so Dominica does not operate a separate national note issue for XCD. Monetary-system facts such as the issuer and any formal peg belong to the union, while local payment behaviour still has to be sourced for Dominica itself.
For payments or transfers connected with Dominica, use the East Caribbean dollar (XCD) observation as dated reference information. A quoted customer rate may differ because financial providers can apply conversion margins, commissions or card-network charges. The page uses Regional or system monetary authority for the institutional currency context.
Exchange Rate for XCD
Banknotes and Coins
Banknotes
Routine ECCB polymer banknotes circulate in EC$5, EC$10, EC$20, EC$50 and EC$100 denominations.
Coins
The practical circulation coin set is 5, 10 and 25 cents plus EC$1. The 1-cent and 2-cent coins ceased to be legal tender in June 2020.
Frequently Asked Questions
What currency is used in Dominica?
Dominica uses the East Caribbean dollar (XCD) through a regional currency union administered by Eastern Caribbean Central Bank. For Dominica, the union's XCD arrangement also includes the formal link to its reference currency.
Who manages the currency system in Dominica?
Eastern Caribbean Central Bank is the main monetary authority identified for Dominica.
Are the exchange rates for Dominica real-time?
In practical currency use for Dominica, the tool requests the latest available reference observation for supported pairs and reports the date attached to that observation. It is not a tick-by-tick dealing price or a promise of the rate a provider will offer. This keeps the reference value properly qualified.
Sources & methodology
Eastern Caribbean Central Bank is the principal reference used here for institutional facts about East Caribbean dollar in Dominica. ISO 4217 is used for the XCD identifier; exchange-arrangement facts and dated rate observations are treated as different data layers. That makes the monetary framework distinct from the conversion quote.
View sources used for this page
- Regional or system monetary authority
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- ECCB - polymer banknote family
- ECCB - EC$2 note legal tender
- ECCB - withdrawn 1-cent and 2-cent coins