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Money
Currency: Eastern Caribbean Dollar (EC$) = 100 cents. Notes are in denominations of EC$100, 50, 20, 10 and 5. Coins are in denominations of EC$1, and 50, 25, 10, 5, 2 and 1 cents. US currency is accepted almost everywhere.
Note: The EC Dollar is tied to the US Dollar.
Currency exchange: Although the EC Dollar is tied to the US Dollar, exchange rates will vary at different exchange establishments. There are international banks in St John’s, and US Dollars and Sterling can be exchanged at hotels and in the larger shops.
Credit & debit cards: Diners Club, Visa, MasterCard and American Express are accepted. Check with your credit and debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: Can be exchanged at international banks, hotels and the larger stores. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars.
Currency restrictions: There are no limits on the import and export of local and foreign currency, provided declared on arrrival.
Exchange rate indicators
The following figures are included as a guide to the movements of the EC Dollar against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 3.93 | 4.12 | 4.27 | 4.30 | | $1.00= | 2.70 | 2.70 | 2.70 | 2.70 |
Banking hours: Mon-Thurs 0800-1300 and 1500-1700; Fri 0800-1200 and 1500-1700 (some banks open until midday on Saturday).
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