Montserrat - East Caribbean Dollar - Currency Guide

XCD News, Forecasts and Trends

The below interactive chart shows the USD to XCD exchange rate, trend and recent alerts for the last 90 days.

U$1,000 USD
=
X$2,703 XCD

Converted at USD/XCD wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

Travel, Currency and Money saving tips for Montserrat

Travel money for Montserrat

Save money and time by Ordering your East Caribbean Dollars online from Travelex, you get better rates and can pick up the XCD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in East Caribbean Dollars otherwise you may get much worst exchange rates.

Sending money to Montserrat

When searching around for information on how to get a good exchange rate when sending money to Montserrat you need to start with finding out the latest East Caribbean Dollar exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.

Get a better deal for foreign transfers to Montserrat

When sending money to Montserrat 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 :

1. Open an account with a BER reviewed FX provider (id docs may be required)
2. You specify the local or East Caribbean Dollar amount you want to transfer
3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
4. Once your funds are received by the provider the converted XCD amount will be transfered to the recipient account you specify in Montserrat.

Use the above Send to East Caribbean Dollars 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 Dollars deposited into the recipient bank account and less margins and fees kept by the banks!