Currency in Antigua and Barbuda: XCD Send & Spend FX Guide
Resources for Expats, Travelers, and Entrepreneurs Navigating Life and Trade in Antigua and Barbuda with the East Caribbean dollar.
What's in this Antigua and Barbuda currency guide?
What currency is used in Antigua and Barbuda?
The official currency of Antigua and Barbuda (country code: AG) is the East Caribbean dollar, with symbol EC$ and currency code XCD.
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Frequently Asked Questions
What currency should I use in Antigua and Barbuda?
The domestic currency in Antigua and Barbuda is the East Caribbean dollar.
What is the East Caribbean dollar currency code and symbol?
The three letter currency code for the East Caribbean dollar is XCD — symbol is EC$.
What doe the East Caribbean dollar look like?
Here is an example East Caribbean dollar banknote:
Which countries use the East Caribbean dollar?
It is the domestic currency in Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia and Saint Vincent and The Grenadines.
Is the East Caribbean dollar a closed currency?
No, the East Caribbean dollar is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of USD and XCD?
Here are some popular conversion amounts for USD to XCD (US dollar to East Caribbean dollar)*.
| USD | XCD |
|---|---|
| $ 370.00 | EC$ 1,000 |
| $ 1,850 | EC$ 5,000 |
| $ 7,400 | EC$ 20,000 |
| $ 37,000 | EC$ 100,000 |
More amounts
*Converted at the current USDXCD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Things to know about the East Caribbean dollar
Here are a few things to know about the XCD:
The XCD is pegged to the US dollar at a rate of 2.7 XCD to 1 USD, meaning that the value of the XCD is directly tied to the value of the US dollar.
The XCD is divided into 100 cents. Coins come in denominations of 5, 10, 25, and 50 cents, as well as 1 dollar. Banknotes are available in denominations of 5, 10, 20, 50, and 100 dollars.
The East Caribbean Central Bank (ECCB) issues the XCD and is responsible for maintaining the currency's stability. The ECCB also oversees the financial system in the countries that use the XCD.
The XCD is widely accepted in the countries that use it as their official currency and is also accepted in some other Caribbean countries, but it may be less widely accepted in other countries.
Some shops and restaurants in the tourist areas may accept US dollars, but it's good to have local currency in case the merchant don't accept the USD or if they charge a higher rate for USD.
There are some restrictions on the amount of XCD that can be brought into or taken out of the countries that use it, so it's always good to check before you travel.
In some countries, you can use a credit card or debit card, but in rural areas, cash is king. Some ATMs in rural area might not accept foreign cards, so it's always good to have cash.
Recently, the Eastern Caribbean Central Bank introduced plastic notes in an interesting vertical format.
Travel money for Antigua and Barbuda
Using Wise for East Caribbean dollar travel money is a smart choice for savvy travelers. With its competitive exchange rates and low fees, Wise allows you to convert and manage multiple currencies effortlessly.
Be careful when using your own bank's Debit/Credit Card, as your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash on top of the standard Visa/Mastercard 2.5% from market mid-rate.
For card purchases, if you are offered a choice of currencies always select to Pay in East Caribbean dollar otherwise you will typically get much worst dynamic currency conversion (DCC) exchange rates.
If you really want East Caribbean dollar cash before departure, you can save money by ordering online. You generally get better rates and can pick up the XCD cash locally or even on travel day at the airport.
Antigua and Barbuda: Travel Guide
Traveling to Antigua and Barbuda requires careful financial planning to ensure a smooth and cost-effective experience. Here's a comprehensive guide to help you navigate currency considerations and manage your money effectively during your visit.
Antigua and Barbuda is an island nation in the Caribbean known for its beautiful beaches and rich history. Here are a few things you might consider doing while you're there:
1. Visit the Nelson's Dockyard National Park: This historic site features the remains of a naval base used by the British in the 18th and 19th centuries. You can explore the restored buildings, including a museum and a blacksmith's shop, and take a guided tour of the grounds.
2. Go snorkeling or diving: Antigua and Barbuda is home to many beautiful coral reefs and underwater shipwrecks, making it a great destination for snorkeling and diving. There are several tour operators who can take you to the best spots.
3. Take a boat tour: Antigua and Barbuda has many picturesque islands and cays, and a boat tour is a great way to see them. You can choose from a variety of options, including sunset cruises, day trips to nearby islands, and private charters.
4. Visit the Antigua Rainforest Canopy Tour: This popular attraction allows you to explore the rainforest from above by ziplining through the trees. You'll get a unique perspective on the flora and fauna of the island as you fly through the canopy.
5. Relax on the beach: Antigua and Barbuda is known for its beautiful beaches, and there are many to choose from. Some popular options include Half Moon Bay, Dickenson Bay, and Pigeon Point Beach.
6. Learn about the island's history: Antigua and Barbuda has a rich history, and there are several sites and museums you can visit to learn more about it. The Museum of Antigua and Barbuda, the Betty's Hope Sugar Plantation, and the Devil's Bridge are all interesting places to visit.
What currency to use in Antigua and Barbuda?
Antigua and Barbuda's official currency, like many of the former British islands in area, is the Eastern Caribbean Dollar, EC$ which is pegged to the US dollar at around EC$2.7=1US.
US dollars are accepted regularly (and legally) and generally prefered if not required. Credit cards are not always accepted, particularly in smaller establishments. Barbuda is the smaller sister-island to Antigua and far less developed.
ATMs are scarce, though all major resorts have ATMs and all major credit cards are accepted in most establishments. Travelers’ checks are also widely accepted, but should be priced in American dollars.
How to get around in Antigua and Barbados.
There's a full public bus network, but it is very much geared to the needs of residents for getting to work, school, shopping etc, rather than to tourist destinations. That said, if you are staying on the west coast, you're on a main bus route both north into St Johns and south along the lovely chain of beaches. You can also use the bus system between St Johns and English Harbour, which works well for a lot of visitors.
Hiring a car is an option but be warned Antigua’s roads range from smooth to rough to deadly. You’ll be cruising along when suddenly a hubcap-popping pothole or a speed bump appears. Smaller roads are often narrow with poor visibility, particularly on curves. If you plan to get off the beaten track (especially in the remote eastern part of Antigua), it’s best to hire an SUV or 4WD. Driving at night is even more dangerous since roads are narrow, street lights or reflector posts are nonexistent and most people use their blinding brights. Also be aware of people, donkeys, dogs, goats and other animals by the side, or on, the road.
Taxis on Antigua have number plates beginning with 'TX.' On both Antigua and Barbuda, fares are government regulated with one tariff applying to up to four passengers. However, it's best to confirm the price before riding away. In Barbuda taxis wait at the airport or the ferry dock, but you may prefer to prearrange a transfer or an island tour through your hotel, the Barbuda tourist office or by contacting a driver directly.
Travel tips for Antigua and Barbuda.
Most Antigua and Barbuda residents speak both English and Antiguan Creole, which is heavily influenced by a number of West African languages.
Visitors to Antigua and Barbuda require a valid passport, a return or onward ticket, confirmation of accommodation throughout the stay and sufficient funds for the duration of the stay. Departure tax is now included in all tickets and therefore there are no additional fees when leaving Antigua.
The best of Antigua’s beaches are the deserted stretches of sand in the south-west, beyond Jolly Bay. Day sails are always popular – take a trip to Rendezvous Bay in the south, the offshore islands of the north east or a sunset cruise along the west coast. Harmony Hall (open in the winter season) is lovely, lazy lunch with a view. If you tour St John’s, make sure to end up in the restored Redcliffe Quay for a drink.
Here are some more travel tips for Antigua and Barbuda:
1. Pack light: Antigua and Barbuda has a tropical climate, so light, airy clothing is a good choice. Pack sunscreen, a hat, and insect repellent to protect yourself from the sun and mosquitoes.
2. Bring cash: While credit cards are widely accepted in Antigua and Barbuda, it's a good idea to bring some cash with you in case you need it. U.S. dollars and British pounds are widely accepted on the island.
3. Respect local customs: Antigua and Barbuda is a predominantly Christian country, and it's important to be respectful of local customs and traditions. This includes dressing modestly and behaving appropriately when visiting churches and other religious sites.
4. Stay safe: Antigua and Barbuda is generally a safe destination, but it's always a good idea to be cautious and take basic safety precautions, such as staying in well-lit areas at night and not leaving your belongings unattended.
5. Learn some basic phrases in English: While English is widely spoken in Antigua and Barbuda, it's always appreciated when tourists make an effort to learn some basic phrases in the local language.
6. Try local cuisine: Antigua and Barbuda has a rich culinary tradition, and trying local dishes is a great way to immerse yourself in the culture. Some popular local dishes include ducana (a sweet potato pudding), fungi (a cornmeal-based dish), and fungee (a dish made with okra and cornmeal).
USD/XCD Market Data
The below interactive chart displays the USD/XCD change and UP📈 DOWN📉 trends over the past 1 Year.
Send Money to Antigua and Barbuda - Best Rates
To get a good (and fair) exchange rate when sending money to Antigua and Barbuda you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Antigua and Barbuda
When sending money to Antigua and Barbuda it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or East Caribbean dollar amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted XCD amount will be transfered to the recipient account you specify in Antigua and Barbuda.
Use the above calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more East Caribbean dollar deposited into the recipient bank account and less margins and fees kept by the banks!
Managing money while living and working in Antigua and Barbuda
Managing your money effectively while living and working abroad can be challenging, but there are several steps you can take to ensure that your finances are in order.
Understand East Caribbean dollar currency exchange rates: Exchange rates can have a big impact on your finances, so it is important to keep an eye on the XCD exchange rate and consider using a money transfer specialist or a credit card that does not charge foreign transaction fees to get the best exchange rate.
Use a local East Caribbean dollar bank account: A local XCD bank account can make it easier for you to manage your finances and pay bills while you are in Antigua and Barbuda. It may also be more convenient to use a local XCD bank account to make purchases and withdraw cash.
Research local laws and regulations: It is important to understand the local laws and regulations that apply to financial transactions in Antigua and Barbuda. This can help you avoid legal issues and ensure that you are complying with local requirements.
Consider the tax implications: It is important to understand the tax implications of living or doing business in Antigua and Barbuda. This can help you plan your finances and ensure that you are paying the correct amount of tax.
Seek financial advice: If you are unsure of how to manage your finances in Antigua and Barbuda, it is a good idea to seek the advice of a financial professional who is familiar with the local financial system. This can help you make informed decisions and avoid financial pitfalls.
We have put together some key points to help managing your money effectively, you can reduce financial stress and enjoy your experience living or doing business in Antigua and Barbuda.
Expat life in Antigua And Barbuda
Antigua and Barbuda is a small Caribbean country located in the West Indies. It is an independent nation, and the official language is English. The country has a population of around 100,000 people and is known for its beautiful beaches, clear waters, and year-round warm weather.
Expat life in Antigua and Barbuda can be enjoyable and relaxed. The country has a laid-back and welcoming culture, and expats often find it easy to make friends and settle into the local community. The cost of living in Antigua and Barbuda is relatively low, and the country has a good standard of healthcare and education.
However, expat life in Antigua and Barbuda can also have its challenges. The country has a small and relatively isolated economy, and job opportunities may be limited. In addition, the infrastructure in Antigua and Barbuda is not as well developed as in some other countries, and access to certain amenities and services may be limited.
Overall, expat life in Antigua and Barbuda can be an enjoyable and rewarding experience for those who are able to adapt to the local culture and way of life. It is important to research the country thoroughly and to be prepared for the challenges that may arise.
Doing business in Antigua and Barbuda
Antigua and Barbuda has a relatively small and isolated economy, and the main industries are tourism, agriculture, and manufacturing. The country has a stable and democratic government, and the legal and regulatory environment is generally favorable for businesses.
However, doing business in Antigua and Barbuda can have its challenges. The country has a small and relatively isolated market, and access to finance and other resources may be limited. In addition, the infrastructure in Antigua and Barbuda is not as well developed as in some other countries, and access to certain amenities and services may be limited.
To succeed in Antigua and Barbuda, it is important to have a clear understanding of the local market and the business environment. It is also important to be patient and to be prepared for setbacks and delays. It is recommended to seek legal and financial advice, and to work with local partners who have a strong understanding of the local market.