The official currency of St. Lucia is the Eastern Caribbean Dollar (XCD), also symbolized as EC$. It is pegged to the US dollar at a fixed rate of US$1.00 = EC$2.70. Banknotes range from $5 to $100, and coins are available in denominations from 1¢ upwards. Although the Eastern Caribbean Dollar is the preferred currency for everyday purchases, US dollars are widely accepted in many tourist areas. However, smaller and local vendors typically prefer payment in the Eastern Caribbean Dollar. Credit and debit cards are commonly accepted in major hotels, restaurants, and larger shops, though carrying some cash is recommended for smaller markets and rural areas. In summary:
- Official currency: Eastern Caribbean Dollar (XCD or EC$)
- Fixed exchange rate: 1 USD = 2.70 XCD
- US dollars also accepted in many places
- Cards accepted in major establishments, but cash preferred in smaller/local spots
This currency is used throughout St. Lucia and other member states of the Eastern Caribbean Currency Union. If you are traveling to St. Lucia, it is advisable to have some Eastern Caribbean Dollars on hand for convenience, especially outside main tourist areas. US dollars can be useful but may give less favorable exchange rates locally.