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Foreign Exchange Guide to the Turks And Caicos Islands

Read this currency guide to the Turks And Caicos Islands with money transfer and travel tips.   [USD/EUR=0.8817]

Turks And Caicos Islands
Country Code:
TC
Domestic Currency:
United States Dollar
Symbol - Code:
$ USD
Telephone Prefix:
+1649

This is a foreign exchange guide to the Turks And Caicos Islands, the United States Dollar currency plus USD transfers and travel tips.

In this the Turks And Caicos Islands currency guide we take a look at :

  1. United States Dollar info - general info about the United States Dollar
  2. United States Dollar in the markets - recent USD moves and predictions from the FX markets
  3. Travelling in the Turks And Caicos Islands - currency & money saving tips
  4. Buying United States Dollar cash online - travel money for the Turks And Caicos Islands
  5. Sending money to the Turks And Caicos Islands - save on United States Dollar bank transfers to the Turks And Caicos Islands
  6. United States Dollar exchange rates - latest & historic exchange rates.
  7. USD News - the latest United States Dollar related articles from our blog.

United States Dollar (USD) general currency information


What is the United States Dollar currency code and symbol?

The three letter currency code for the United States Dollar is USD and the symbol is $.


Which countries use the United States 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.

Read our Guide to the US dollar currency.


United States Dollar (USD) in the markets

14-December-18: Against a basket of currencies, the US dollar struck an 18-month high in mid-December after negative political and economic developments weighed on rest-of-the-world currencies. At the time of writing, the dollar was showing trade-weighted appreciation of 6 percent for 2018 and was on course to gain in 10 of the year’s 12 months.

The dollar had strengthened to levels near $1.13 against the euro, which suffered due to disappointing eurozone economic data and Brexit-related uncertainties.

Brexit allowed the dollar to gain handsomely against the pound in 2018. On December-11, GBP/USD traded below 1.25 for the first time since early 2017.

The economic slowdown in China has also helped the dollar by creating safe haven flows into the US. The dollar has yet to reach the magic 7-yuan level but remains close to it, at levels near 6.9.

For 2019, JP Morgan and Morgan Stanley are both bearish the greenback. The banks remain skeptical over future Fed interest rate hikes and point to a possible US economic downturn in the second half of the year.

Scotiabank is forecasting EUR/USD at $1.30 by 2019 year-end, indicating a potential 13 percent decline in the dollar’s buying power.

The interactive chart below shows the USD to EUR exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


USD-EUR 3 Month chart
USD-EUR 3 Month chart
USDEUR currency converter

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 United States Dollar 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 United States Dollar 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. 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 United States 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 United States 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 USD 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 United States Dollar 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

 

Popular USD cross rates


USD/EUR - United States Dollar to Euro - 10 Year History

DateExchange RatePeriodChange
16 Dec 20180.8842Latest
09 Dec 20180.87721 Week+0.8%
16 Nov 20180.87561 Month+0.98%
19 Jun 20180.86306 Months+2.46%
16 Dec 20170.85061 Year+3.95%
16 Dec 20160.95852 Years-7.75%
17 Dec 20130.72625 Years+21.76%
18 Dec 20080.697310 Years+26.8%

USD/GBP - United States Dollar to British Pound Sterling - 10 Year History

DateExchange RatePeriodChange
16 Dec 20180.7943Latest
09 Dec 20180.78621 Week+1.03%
16 Nov 20180.77881 Month+1.99%
19 Jun 20180.75916 Months+4.64%
16 Dec 20170.75061 Year+5.82%
16 Dec 20160.80172 Years-0.92%
17 Dec 20130.61465 Years+29.24%
18 Dec 20080.658910 Years+20.55%

USD/JPY - United States Dollar to Japanese Yen - 10 Year History

DateExchange RatePeriodChange
16 Dec 2018113.4359Latest
09 Dec 2018112.51601 Week+0.82%
16 Nov 2018112.83501 Month+0.53%
19 Jun 2018110.08876 Months+3.04%
16 Dec 2017112.58501 Year+0.76%
16 Dec 2016117.93942 Years-3.82%
17 Dec 2013102.68595 Years+10.47%
18 Dec 200889.126410 Years+27.28%

USD/AUD - United States Dollar to Australian Dollar - 10 Year History

DateExchange RatePeriodChange
16 Dec 20181.3922Latest
09 Dec 20181.39261 Week-0.03%
16 Nov 20181.36351 Month+2.1%
19 Jun 20181.35336 Months+2.87%
16 Dec 20171.30771 Year+6.46%
16 Dec 20161.36772 Years+1.79%
17 Dec 20131.12325 Years+23.95%
18 Dec 20081.439210 Years-3.27%

USD/CAD - United States Dollar to Canadian Dollar - 10 Year History

DateExchange RatePeriodChange
16 Dec 20181.3384Latest
09 Dec 20181.33301 Week+0.41%
16 Nov 20181.31481 Month+1.79%
19 Jun 20181.32786 Months+0.8%
16 Dec 20171.28671 Year+4.02%
16 Dec 20161.33422 Years+0.31%
17 Dec 20131.06005 Years+26.26%
18 Dec 20081.196110 Years+11.9%

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