Currency of Saint Vincent and the Grenadines: East Caribbean dollar
East Caribbean dollar · XCD · Currency Union
Who Issues Saint Vincent and the Grenadines's Currency
Instead of issuing a fully independent national unit, Saint Vincent and the Grenadines participates in the shared regional system behind the East Caribbean dollar (XCD). The currency carries symbol EC$ and ISO numeric code 951. The exchange-rate regime includes a peg, an important distinction from currencies whose value is left to float without such an anchor.
The East Caribbean dollar is issued at regional level by Eastern Caribbean Central Bank, so Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines itself.
For Saint Vincent and the Grenadines, interpret the East Caribbean dollar (XCD) reference rate together with its observation date. The same currency pair can produce a different customer outcome once a bank, card network or money-transfer provider applies its own pricing. 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 Saint Vincent and the Grenadines?
Saint Vincent and the Grenadines uses the East Caribbean dollar (XCD) through a regional currency union administered by Eastern Caribbean Central Bank. For Saint Vincent and the Grenadines, the union's XCD arrangement also includes the formal link to its reference currency.
Who manages the currency system in Saint Vincent and the Grenadines?
Eastern Caribbean Central Bank is the main monetary authority identified for Saint Vincent and the Grenadines.
Are the exchange rates for Saint Vincent and the Grenadines real-time?
No. For Saint Vincent and the Grenadines, the XCD converter requests the latest available reference observation from the supported reference source when the pair is available. The result carries its observation date, so a reader should not treat the Saint Vincent and the Grenadines figure as a tick-by-tick tradable price or a guaranteed transaction rate.
Sources & methodology
For Saint Vincent and the Grenadines, institutional currency facts are checked against Eastern Caribbean Central Bank or the applicable monetary-system authority. The XCD identity follows ISO 4217, and the exchange-arrangement classification for Saint Vincent and the Grenadines is cross-checked against the IMF framework. A dynamic XCD observation for Saint Vincent and the Grenadines, when available, is kept separate from those institutional facts and shows its own date and provider.
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