THE BRITISH Monarch’s image will be axed from the Eastern Caribbean Currency notes, used by eight countries in the region.
The change was approved by the Eastern Caribbean Central Bank Monetary Council (ECCB), at their 105th meeting in St Vincent and the Grenadines on 21 July.
The portrait of the late Queen, is on the Eastern Caribbean Dollar (XCD), which is the official currency of the eight ECCB Member Countries, Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, St Lucia, and St Vincent & the Grenadines. Anguilla and Montserrat also use the XCD.
These countries are commonly described as the members of the Eastern Caribbean Currency Union (ECCU).
In a release the ECCB said: “The use of the ECCU logo on the EC currency is subject to a process of public consultation.
“A consultation process until December 31, 2023. During this time, the public will be invited to comment on the proposal to replace the Queen’s image with the ECCU logo and to offer any other suggestions.”
They added that a final decision on the new image of the EC currency would be made by February 2024.
The XCD banknotes are in denominations of $5, $10, $20, $50 and $100.
From time to time the ECCB, has made upgrades the security features of the notes, with the last upgrade – with the exception of the $5 – made on April 8 2015.
On 6 October 1965, the Eastern Caribbean Currency was bought into circulation.
The Monetary Council also announced a commemorative $50 note to mark Grenada’s 50th anniversary of independence from Britain, will be circulated in the second half of 2024.
Grenada will celebrate its 50th year of independence on February 07, 2024.
Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Antigua!
We offer fully customizable and flexible digital marketing packages.
Contact us at [email protected]
reparations logo
Prince Klaas, a patriotic Antiguan combatant, who stood firm against the slave masters and gave his life for the cause.
Seeing his image on our bank notes would make us all proud, and remind those whose evil ancestors profited from DEATH, DESTRUCTION and DISTRESS.
A TRUE WARRIOR WHO TRIED TO BREAK THE REAL AND METAPHORICAL CHAINS ⛓️ OF SLAVERY …
Someone had commented about using the images of Premiers from the region such as VC Bird, and Eugenia Charles to replace the Queen. I think that is a good idea, however if the logo is their grand idea, they may as well just put King Charles on it.
The value of our ECD currency should be adjusted to be the same as the pound as part of our reparations package.
This sounds like “consulting the people”
is an afterthought.
They made the decision to do one thing, and then remembered that they should do the right thing and …?
So ah one Caribbean thing den?!
Will this changes affect the value of the EC Dollar?
Someone has already advanced the name of an individual by the name of Prince Klaas of Antigua and Barbuda. Kittitians and Nevisians could make their case for their Marcus of the Woods. Each and every other territory has their respective local iconic heroes.
In that vein, we’re not off to the best start in terms of agreeing on an image that can inspire us all. It is therefore not very productive to start the lobbying for an image associated with any single member country or territory. Insular inclinations will only soil the process.
By the way….notably, there is no reference to the coins which also bear the image of the late QE2
Comments are closed.