XCD is the symbol for the Eastern Caribbean Dollar, which is the official currency shared by eight Caribbean island countries: Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The XCD was adopted as a replacement to the East Caribbean dollar in 1968 after it was split into two currencies: the West Indies dollar that became a common currency among the other British colonies in the region and Canada's currency at that time.The XCD is the symbol for the Eastern Caribbean Dollar, otherwise known as EC$. This international currency was created to establish a single currency to bring economic stability and prosperity in the region. For example, many households on these eight islands are not fully paid up with their phone bills, which is why this symbol makes sense to people who live in these regions.Eastern Caribbean dollar, which is the official currency shared by eight Caribbean island countries: Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The Eastern Caribbean dollar was first introduced in 1973 following the devaluation of the West Indian dollar against the US dollar.
