XCD Market Update
06 May 2026 • 00:48 GMT
The Eastern Caribbean dollar (XCD) remains steady against the US dollar at its three-month average of 0.37, showing little change in recent trading. This stability comes amid mixed global sentiment. While the US dollar experienced a recent retreat—dropping nearly 2% last month as risk appetite returned following a ceasefire between the US and Iran—XCD has maintained its recent range against the USD.
Looking at other major currencies, the XCD has traded stably against the euro and British pound, remaining close to their respective three-month averages. Specifically, the XCD to EUR stays slightly below its average at 0.3159, and the XCD to GBP is also marginally below at 0.2727. The currency has also maintained stability against the Canadian dollar and Swiss franc, indicating no significant shifts in regional trade or financial flows.
Meanwhile, the XCD has gained slightly against the Indian Rupee, trading near 90-day highs at 35.23, which is about 2.7% above its three-month average. Overall, despite global uncertainties and local economic discussions, the EC dollar continues to trade within its established ranges, suggesting a period of cautious stability.