The Eastern Caribbean Central Bank (ECCB), based in St. Kitts, has announced a significant change to its currency. The Monetary Council of the ECCB has approved a proposal to replace the image of the Queen on Eastern Caribbean (EC) currency notes. In place of the Queen’s image, the new design will feature an emblem representing the flags of the ECCB member countries.
This change, as highlighted in an ECCB advertisement, aims to provide a more holistic reflection of the Eastern Caribbean Currency Union (ECCU). The Eastern Caribbean currency, which succeeded the British West Indies dollar, has been in circulation since 1965.
The ECCB acts as the central bank for several islands, including Antigua and Barbuda, Dominica, Grenada, St Vincent and the Grenadines, St Kitts-Nevis, Montserrat, and Anguilla. This move to update the currency’s design reflects the evolving identity and unity of the ECCB member states in the region.