GRENADA

(XCD) Currency News >>

CURRENCY:

East Caribbean Dollar - XCD, Symbol EC$

DENOMINATIONS:

NOTE: EC$100, 50, 20, 10 and 5.

COIN: EC$1, and 50, 25, 10, 5, 2 and 1 cents.

NOTE: XCD is tied to the US dollar at a fixed rate.

US DOLLAR ACCEPTED?

Yes, widely (see above).

CREDIT/DEBIT CARDS AND ATMS:

Most major credit cards are accepted and there are ATM machines available in Grenada.

CURRENCY EXCHANGE:

Best to exchange currency at banks.

TRAVELLER'S CHEQUES:

These are best in US dollars and are widely accepted.

BANKING HOURS:

Mon-Thurs 0800-1500 Fri 0800-1700.

CURRENCY RESTRICTIONS:

N/A

COUNTRY OVERVIEW:

Grenada is an island in the Caribbean Sea. It is close to Trinidad and Tobago. The nation has experienced unrest and revolution, military coup and finally re-establishment of the constitution after an invasion. The capital is St.George's and the official languages are English and Patois.

POPULATION:

Around 110,000

ECONOMY:

The tourism industry is being expanded in Grenada and is the leading earner of foreign exchange for the nation. Aside from this it is a major producer of spices such as cloves, cinnamon, allspice, ginger and nutmeg. Nutmeg is the predominant export and features on the flag.