The East Caribbean dollar (sign: $; code: XCD) is the currency of eight of the nine members of the Organisation of Eastern Caribbean States (the one exception being the British Virgin Islands). 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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Famous quotes containing the words east, caribbean and/or dollar:
“The East knew and to the present day knows only that One is Free; the Greek and the Roman world, that some are free; the German World knows that All are free. The first political form therefore which we observe in History, is Despotism, the second Democracy and Aristocracy, the third, Monarchy.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“It is a curious thing to be a woman in the Caribbean after you have been a woman in these United States.”
—Zora Neale Hurston (1891–1960)
“Johnny Clay: You like money. You got a great big dollar sign there where most women have a heart. So play it smart. Stay in character and you’ll have money. Plenty of it. George’ll have it and he’ll blow it on you. Probably buy himself a five-cent cigar.
Sherry Peatty: You don’t know me very well, Johnny. I wouldn’t think of letting George throw his money away on cigars.”
—Stanley Kubrick (b. 1928)