Turks and Caicos Islands - US Dollar - Currency Guide

This is a currency guide to the Turks and Caicos Islands, the US Dollar currency plus sending (USD) transfers and travel tips for the Turks and Caicos Islands.

 
 
CountryTurks and Caicos Islands
FlagTurks and Caicos Islands
Country CodeTC
Domestic Currency US Dollar
Currency SymbolU$
Currency CodeUSD
Exchange RateUSD/EUR = 0.919
Telephone Prefix+1649

Quick Conversions from US Dollar to Euro

USD

EUR

U$ 1
€ 0.9190
U$ 5
€ 4.5950
U$ 10
€ 9.1900
U$ 20
€ 18.38
U$ 50
€ 45.95
U$ 100
€ 91.90
U$ 250
€ 229.75
U$ 500
€ 459.50
U$ 1,000
€ 919.00
U$ 2,000
€ 1,838
U$ 5,000
€ 4,595
U$ 10,000
€ 9,190
U$ 50,000
€ 45,950
U$ 100,000
€ 91,900
More amounts

USD

EUR

U$ 1.0882
€ 1
U$ 5.4410
€ 5
U$ 10.88
€ 10
U$ 21.76
€ 20
U$ 54.41
€ 50
U$ 108.82
€ 100
U$ 272.05
€ 250
U$ 544.10
€ 500
U$ 1,088
€ 1,000
U$ 2,176
€ 2,000
U$ 5,441
€ 5,000
U$ 10,882
€ 10,000
U$ 54,410
€ 50,000
U$ 108,820
€ 100,000
More amounts

To calculate specific USD/EUR amounts use our Convert USD to EUR quick calculator. To read more about the latest exchange rate trends and to compare FX provider rates view USD to EUR Rate Guide.

Turks and Caicos Islands Currency Info

Read our Guide to the US dollar currency.


Frequently Asked Questions


What currency should I use in the Turks and Caicos Islands?

The domestic currency in the Turks and Caicos Islands is the US Dollar.

What is the US Dollar currency code and symbol?

The three letter currency code for the US Dollar is USD — symbol is U$.

Which countries use the US Dollar?

It is the domestic currency in United States, East Timor, Ecuador, El Salvador, British Virgin Islands, US Virgin Islands, Caribbean Netherlands, Turks and Caicos Islands and Zimbabwe.

Is the US Dollar a closed currency?

No, the US Dollar is freely available and convertible. See guide: What is a closed currency?


US Dollar (USD) in the markets

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

For more details read the full article US Dollar Forecasts.

The interactive chart below shows the USD to EUR exchange rate and trend for the previous 3 months:

USD/EUR at 0.9215 was trading 1.8% above the 90-day average 0.9055 with a range 0.8912 to 0.9268. There are no current rate alerts.
24-FEB 5PM-NY 10PM-LON | 25-Feb 9AM-SYD

Travel, Currency and Money saving tips for 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.

 

Travel money for the Turks and Caicos Islands

Save money and time by Ordering your US Dollars online from Travelex, you get better rates and can pick up the USD 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 US Dollars otherwise you may get much worst exchange rates.

 

the Turks and Caicos Islands Trip Checklist    

 
  1. Compare USD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in the Turks and Caicos Islands
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to the Turks and Caicos Islands

When searching around for information on how to get a good exchange rate when sending money to the Turks and Caicos Islands you need to start with finding out the latest US Dollar foreign-transfer exchange 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 here).


Get a better deal for foreign transfers to the Turks and Caicos Islands

When sending money to the Turks and Caicos Islands 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 US 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 USD amount will be transfered to the recipient account you specify in the Turks and Caicos Islands.

Use our Send to US 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 US Dollars deposited into the recipient bank account and less margins and fees kept by the banks!

 

Bank Transfers to the Turks and Caicos Islands

Compare Transfer Rates

US Dollar to Euro - Historical Rates

PeriodChange*USD/EURDate
1 Day-0.1%0.922623 Feb 2020
7 Day-0.1%0.922617 Feb 2020
30 Day+1.6%0.907025 Jan 2020
3 Month+1.6%0.907226 Nov 2019
1 Year+4.5%0.881724 Feb 2019
5 Year+4.7%0.880025 Feb 2015
10 Year+25.5%0.734126 Feb 2010

*For period to 24-Feb 21UTC when USD/EUR was 0.9214

US Dollar to Pound Sterling - 10 Year History

PeriodChange*USD/GBPDate
1 Day+0.2%0.772123 Feb 2020
7 Day+0.6%0.768917 Feb 2020
30 Day+1.1%0.764925 Jan 2020
3 Month-0.5%0.777626 Nov 2019
1 Year+1%0.765524 Feb 2019
5 Year+20.1%0.644025 Feb 2015
10 Year+17.8%0.656826 Feb 2010

*For period to 24-Feb 21UTC when USD/GBP was 0.7735

US Dollar to Australian Dollar - Historical Rates

PeriodChange*USD/AUDDate
7 Day+1.6%1.490417 Feb 2020
30 Day+3.4%1.464525 Jan 2020
3 Month+2.8%1.473426 Nov 2019
1 Year+8.4%1.397224 Feb 2019
5 Year+19.4%1.268325 Feb 2015
10 Year+35.4%1.118326 Feb 2010

*For period to 24-Feb 21UTC when USD/AUD was 1.5143


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