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The Eastern Caribbean dollar is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS). As the successor to the British West Indies dollar, it has existed since 1965, and it is normally abbreviated with the dollar sign $ or EC$. The EC$ is subdivided into 100 cents and has been pegged to the United States dollar since 1976.
Six of the states using the EC$ are independent: Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. The other two are British overseas territories: Anguilla and Montserrat.
The Organisation of Eastern Caribbean States (OECS) is an inter-governmental organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance between countries. It also performs the role of spreading responsibility and liability in the event of natural disaster.The main organ of the OECS is the Commission, which is based in Castries, the capital city of Saint Lucia.
The East Caribbean Dollar is the official currency of the Organisation of Eastern Caribbean States (OECS). The ISO 4127 currency code for the East Caribbean Dollar is XCD.