The Eastern Caribbean Central Bank serves eight territories — Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines — under a single currency arrangement that has been in place since 1983, making the EC dollar one of the more durable regional currency unions outside the eurozone. The shared-currency model means individual member governments have no independent monetary policy, a constraint that proved stabilizing during the 2008–2009 global financial crisis when several Caribbean island economies saw sharp tourism and remittance declines.
De La Rue has printed the ECCB series continuously since the bank's establishment, with relatively modest security upgrades across successive issues.
The Eastern Caribbean Central Bank serves eight territories — Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines — under a single currency arrangement that has been in place since 1983, making the EC dollar one of the more durable regional currency unions outside the eurozone. The shared-currency model means individual member governments have no independent monetary policy, a constraint that proved stabilizing during the 2008–2009 global financial crisis when several Caribbean island economies saw sharp tourism and remittance declines.
De La Rue has printed the ECCB series continuously since the bank's establishment, with relatively modest security upgrades across successive issues.