Code U of East Caribbean States
The East Caribbean dollar (symbol: $; code: XCD) is the currency of all seven members of the Organisation of Eastern Caribbean States, and one of three observers (the exceptions being the British Virgin Islands, which uses the United States dollar, and Martinique, which uses the euro).
It has existed since 1965, being the successor to the British West Indies dollar, and it is normally abbreviated with the dollar sign $ or, alternatively, EC$ to distinguish it from other dollar-denominated currencies.
The EC$ is subdivided into 100 cents. It has been pegged to the United States dollar since July 7, 1976, and the exchange rate is US$1 = EC$2.70.
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