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    Currency in the Turks and Caicos Islands – US dollar USD

    A practical foreign exchange and currency guide to the Turks and Caicos Islands

     

    What currency is used in the Turks and Caicos Islands?

    The official currency of the Turks and Caicos Islands is the US dollar, with symbol $ and currency code USD.

     

    Things to know about the US dollar

     

     

     

    US dollar – Markets & Rates

    1 USD = 1.0216 EUR
    Sell USD  →  Buy EUR
    USD to EUR at 1.0202 is 2.7% above its 90-day average 0.9934 with range 0.9589-1.0421.
    |
      1 EUR = 0.9788 USD
     
    4-DAY-2.0%1d
    90-DAYHIGH4d


    The strength of the US dollar looks likely to continue when, at the annual Jackson Hole central banker’s getaway, Reserve Chair Jerome Powell said that the US central bank will ‘keep at it’ and is likely to keep raising interest rates to battle surging inflation.

    A clear reflection of this is that the US Dollar index (measure of the USD strength against basket of currencies) is approaching 20 year highs.

     USD Outlook

    DateUSD/EURChangePeriod
    16 Sep 2022
    0.9984
    2.2% 2 Week
    02 Jul 2022
    0.9589
    6.4% 3 Month
    30 Sep 2021
    0.8640
    18.1% 1 Year
    01 Oct 2017
    0.8468
    20.5% 5 Year
    02 Oct 2012
    0.7735
    31.9% 10 Year
    05 Oct 2002
    1.0171
    0.3% 20 Year
    USD/EUR historic rates & change to 30-Sep-2022

     

     

    Compare US dollar Exchange Rates & Fees

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend US dollar.

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    Travelling to the Turks and Caicos Islands

    The Turks and Caicos are a chain of 40 islands that include Providenciales (the most populated island) as well as Grand Turk, Middle Caicos, South Caicos, and more. There are two airports—on Providenciales and Grand Turk—but most travelers fly in to Providenciales. For trips to the other islands, charter a boat or go with an operator like Silver Deep or Island Vibes. The Caicos Islands include some of the most popular tourist areas. The main destination for visitors is Providenciales, also known as Provo, which has the only 18-hole golf course on the islands and some laid-back casinos. Most hotels in Provo line the phenomenal Grace Bay.

    The Turks Islands lie several miles southeast of the Caicos Islands. They are much smaller than the Caicos Islands, and more low-key. Grand Turk, home to the islands’ capital, is a sleepy spot that offers plenty of island culture and history.

    With the motto “Beautiful by Nature,” its really no wonder why the islands’ tourism marketing push centers on Turks and Caicos’ quiet, natural beauty. Because of the islands’ laid-back and slow-paced nature, you won’t find nightlife comparable to Aruba or Barbados, but beach shacks and bars remain open for evening entertainment — island-style.

    Can I use Credit Cards on the Turk and Caicos Islands?

    Credit card acceptance in the Turks and Caicos varies by island and by type of business.The majority of establishments on the island of Providenciales that cater to tourism accept credit cards, especially vehicle rental companies, accommodations, and large tour and activity companies. Some of the smaller restaurants and shops only accept cash.

    How do I get around the Turks and Caicos Islands?

    There are taxis on the island, but the best way to get around is by renting a car, which is available at the airport. The British Overseas Territory follows the U.K system and drives on the left side of the road. There are no public buses in the Turk and Caicos Islands. To rent a car, you need to be 25 or above, and hold a currently valid license. An International Driver Permit (IDP) is only required if your license is in a language other than English. The age limit is only 18 for scooters.

    Taxis are available on all the inhabited islands. Cabs are unmetered and pricing is set (but not cheap): confirm the price before setting out. Prices from the airport to the major resorts on Providenciales are advertised on the wall outside the airport taxi rank.

     

    The US dollar is also the domestic currency in 7 other countries.

     

     

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