digifyworld
🇬🇩
Currency & Exchange

Currency of Grenada: East Caribbean dollar

St. George'sLocal time

East Caribbean dollar · XCD · Currency Union

East Caribbean dollar
ISO XCD · GRENADA
EC$
EC$
East Caribbean dollar
ISO codeXCD
SymbolEC$
Monetary authorityEastern Caribbean Central Bank
XCD
ISO 4217 code
Currency identifier
1
Currencies with an official role
Currency Union
EC$
Currency symbol
Use the ISO code when a symbol is ambiguous
Pegged
Exchange-rate context
Formal monetary link
CurrencyEastern Caribbean Dollar
ISO codeXCD
Largest noteEC$100
Largest coinEC$1
Current note seriesECCB polymer family + EC$2 commemorative legal tender note

Who Issues Grenada's Currency

Grenada uses the East Caribbean dollar (XCD) through a regional currency union, so the same monetary unit and issuing framework are shared with several economies. The currency is displayed as EC$ and has ISO numeric identifier 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 Grenada 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 Grenada itself.

Currency architectureCurrency Union
Primary currencyEast Caribbean dollar (XCD)
Monetary authorityEastern Caribbean Central Bank
ModifiersPegged

In Grenada, a reference quote for East Caribbean dollar (XCD) is most useful when its date and currency pair are kept visible. That separates movement in the underlying rate from the extra costs a bank, card issuer or transfer service may impose. The page uses Regional or system monetary authority for the institutional currency context.

Exchange Rate for XCD

Latest available reference rate*Loading...
Checking USD/XCD
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
=

Banknotes and Coins

Banknotes

Routine ECCB polymer banknotes circulate in EC$5, EC$10, EC$20, EC$50 and EC$100 denominations.

EC$5
EC$10
EC$20
EC$50
EC$100

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.

5¢
10¢
25¢
EC$1

Frequently Asked Questions

What currency is used in Grenada?

Grenada uses the East Caribbean dollar (XCD) through a regional currency union administered by Eastern Caribbean Central Bank. For Grenada, the union's XCD arrangement also includes the formal link to its reference currency.

Who manages the currency system in Grenada?

Eastern Caribbean Central Bank is the main monetary authority identified for Grenada.

Are the exchange rates for Grenada real-time?

When an XCD rate is shown, for supported pairs, the converter retrieves the latest available reference observation and keeps the date visible. It is not a tick-by-tick dealing price or a promise of the rate a provider will offer. That preserves the exchange-rate context transparent.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about Grenada

Explore Grenada across the other DigifyWorld country-data sections.

Public HolidaysPublic holidays 2026 and 2027→Digital AdoptionInternet, payments and digital government→Population & DemographicsPopulation, age structure and projections→Economy SnapshotGDP, trade and economic structure→LanguagesLanguages, scripts and language context→Human DevelopmentHDI and quality-of-life indicators→Geography & EnvironmentLand, climate and environment→Practical Country InfoTime, driving, electricity and codes→EducationSchool system and education data→

Sources & methodology

Institutional facts are checked against Eastern Caribbean Central Bank and the monetary framework applicable to Grenada. The XCD code follows ISO 4217. Structural exchange-regime facts are not mixed with a dated reference-rate observation.

View sources used for this page
Exchange-rate note: the XCD converter for Grenada requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.