Dominica's currency options

Dominica shares the currency of much of the eastern Caribbean

Photo credit: © Ilya Genkin | Dreamstime.com

Dominica's Currency and Money
 

Luckily for travelers visiting from North America, Europe, and the United Kingdom, several forms of hard currency, in addition to major credit cards and travelers checks, can be used to pay for purchases on Dominica.

Located at the north of the Windward Island chain in the East Caribbean, Dominica shares its currency, the Eastern Caribbean dollar, with much of the region. The Eastern Caribbean dollar, fixed to the United States dollar, currently trades at a rate of $2.67(EC) to $1(USD). The euro trades for , 1 to $2.70(EC), and the British pound trades for £1 to $4.26(EC). The Eastern Caribbean dollar is issued in coin denominations of $0.01(EC), $0.02(EC), $0.05(EC), $0.10(EC), $0.25(EC), and $1.00(EC). Notes are issued in bills of $5(EC), $10(EC), $20(EC), $50(EC), and $100(EC).

Maps

Travelers have a number of options when paying with cash because the United States dollar, the euro, the British pound, and the Eastern Caribbean dollar are all widely accepted as currency on Dominica. Visitors should ask in which type of currency prices are quoted if the bill is unclear. With so many different types of currency floating around, some vendors may have difficulty making change from large bills, so try to avoid carrying them. Change is typically given in Eastern Caribbean dollars. ATMs will dispense the local currency, and some small vendors may only accept local currency.

Major credit cards and traveler's checks are typically accepted by businesses, though small vendors may not accept them. There are a number of banks with ATMs in the Roseau area and in other select locations that will accept cards on the major card networks. Banking hours are Monday through Thursday, 8:00 a.m. to 2:00 p.m., and Friday, 8:00 a.m. until 4:00 p.m. Bank of Nova Scotia, Banque Française Commerciale, First Caribbean Bank, National Commercial Bank, and the Royal Bank of Canada all have branch locations in Roseau. First Caribbean Bank and National Commercial Bank also have branches in Portsmouth.

Although shopping opportunities are not as plentiful on Dominica, travelers still need a way to pay for their guided hike, scuba dive, or delicious local meal. Because methods of payment include four types of currency, credit cards, and traveler's checks, travelers should never be strapped for a way to pay the bill.

 

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