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General TradingE
East Caribbean Dollar (XCD)
The East Caribbean Dollar is the official currency of eight island nations in the Eastern Caribbean, abbreviated as XCD in forex markets. It is pegged to the US dollar at a fixed rate of 2.70 XCD per USD.
Example
“A trader converting USD to XCD received 2.70 East Caribbean Dollars per US dollar, with the fixed peg providing certainty on the exchange rate for Caribbean transactions.”