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The official currency of the island is the EC$, which is shared by eight states throughoutthe Eastern Caribbean and controlled by the Eastern Caribbean Central Bank (ECCB) headquartered in Nevis sister island, St. Kitts. The ECD is pegged to the United States dollar (USD) and fixed at the selling rate of EC$2.7169 per US$1 [buying rate is EC$2.6882 (cheque) and EC$2.67 (cash)].
The US dollar is generally considered as a second currency and is freely accepted and interchangeable throughout the island. The exchange rate versus other currencies fluctuates according to world money markets. Furthermore, all major credit cards are readily accepted throughout the island.
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