Central banks and currencies of the Caribbean

This is a list of the central banks and currencies of the Caribbean.

There are a number of currencies serving multiple territories; the most widespread are the East Caribbean dollar (8 countries and territories), the United States dollar (5) and the euro (4).

Country/Territory Currency Central bank Peg
 Anguilla East Caribbean dollar Eastern Caribbean Central Bank 2.70 XCD = 1.00 USD
 Antigua and Barbuda
 Dominica
 Grenada
 Montserrat
 Saint Kitts and Nevis
 Saint Lucia
 Saint Vincent and the Grenadines
 Aruba Aruban florin Central Bank of Aruba 1.79 AWG = 1.00 USD
 Bahamas Bahamian dollar Central Bank of The Bahamas 1.00 BSD = 1.00 USD
 Barbados Barbadian dollar Central Bank of Barbados 2.00 BBD = 1.00 USD
 Caribbean Netherlands United States dollar De Nederlandsche Bank (monetary authority)
Federal Reserve Bank (U.S. dollar)
float
 Cayman Islands Cayman Islands dollar Cayman Islands Monetary Authority 1.00 KYD = 1.20 USD
 Cuba Cuban peso / Cuban convertible peso Central Bank of Cuba 1.00 CUC = 1.00 USD
 Sint Maarten Netherlands Antillean guilder[1] Central Bank of Curaçao and Sint Maarten 1.79 ANG = 1.00 USD
 Curaçao
 Dominican Republic Dominican peso Banco Central de la República Dominicana float
 Guadeloupe Euro European Central Bank float
 Martinique
 Saint Barthélemy
 Saint Martin
 French Guiana
 Haiti Haitian gourde Banque de la République d'Haïti float
 Jamaica Jamaican dollar Bank of Jamaica float
 Trinidad and Tobago Trinidad and Tobago dollar Central Bank of Trinidad and Tobago float
 Turks and Caicos Islands United States dollar Federal Reserve Bank float
 United States Virgin Islands
 Puerto Rico
 British Virgin Islands
Surrounding countries and territories
Country/Territory Currency Central bank Peg
 Bermuda Bermudian dollar Bermuda Monetary Authority 1.00 BMD = 1.00 USD
 Belize Belize dollar Central Bank of Belize 2.00 BZD = 1.00 USD
 Guyana Guyanese dollar Bank of Guyana float
 Suriname Surinamese dollar Central Bank of Suriname float
 United States United States dollar Federal Reserve Bank float

See also

References

  1. ^ The Caribbean guilder is to replace the Netherlands Antillean guilder (by an unspecified date).
Bank of Guatemala

The Bank of Guatemala (Spanish: Banco de Guatemala) is the central bank of Guatemala. It was established in 1945.

Bank of Guyana

The Bank of Guyana is the central bank of Guyana. It was established in 1965 in advance of the country's independence in 1966.

The current governor is Dr. Gobind Ganga.

Bank of Sierra Leone

The Bank of Sierra Leone is the central bank of Sierra Leone. It issues the country's currency, known as the Leone. The bank formulates and implements monetary policy, including foreign exchange.

Bank of Zambia

The Bank of Zambia (BoZ), is the central bank of Zambia.

Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands and supervises its currency board.The CIMA manages the Cayman Islands currency, regulates and supervises financial services, provides assistance to overseas regulatory authorities and advises the Cayman Islands government on financial-services regulatory matters.

It is a corporation created pursuant to the Cayman Islands Monetary Authority Law (2013 Revision).

Central Bank of Barbados

The Central Bank of Barbados (CBB) is the national monetary authority responsible for providing advice to government of Barbados on banking and other financial and monetary matters. The Central Bank of Barbados, was established by Act of parliament on 2 May 1972. Prior to the establishment of CBB, Barbados' monetary policies were governed through its membership in the Eastern Caribbean Currency Authority (ECCA). The Central Bank operates as the banknote issuing authority for Barbadian currency.

The name of the Central Bank's building is the Tom Adams Financial Centre, which is a ten-storey building located on Spry Street in Bridgetown. As part of the complex, there is a 491-seat theatre/auditorium known as the Frank Collymore Hall. The building was constructed between 1982 and 1986 and it was opened September 18th 1986.The Global Competitiveness Report for 2008–09 ranked the soundness of Barbados's commercial banks as 21st out of 134 global jurisdictions assessed.

Central Bank of Belize

The Central Bank of Belize is the central bank of Belize, established in 1982. A. Joy Grant serves as the present Governor of the Central Bank of Belize.

Central Bank of Cuba

The Central Bank of Cuba (Spanish: Banco Central de Cuba, BCC) is the central bank of Cuba. It was created in 1997 to take over many of the functions of the National Bank of Cuba (Spanish: Banco Nacional de Cuba). From its creation until May 2009, the president was Francisco Soberón Valdés, and the current head is Irma Margarita Martínez Castrillón.

Central Bank of Curaçao and Sint Maarten

The Central Bank of Curaçao and Sint Maarten (Dutch: Centrale Bank van Curaçao en Sint Maarten, previously the Bank of the Netherlands Antilles) is the central bank for the Netherlands Antillean guilder and administers the monetary policy of Curaçao and Sint Maarten. The bank dates to 1828 making it the oldest central bank in the Americas.Prior to the dissolution of the Netherlands Antilles in October 2010, the bank was responsible for monetary policy throughout the Netherlands Antilles. When the BES islands became subject to the central bank of the Netherlands, its present name was adopted.

The bank is expected to replace the Netherlands Antillean guilder with the Caribbean guilder in the coming years.

Central Bank of Egypt

The Central Bank of Egypt (Arabic: البنك المركزي المصري‎, CBE) is the Central bank and monetary authority of Arab Republic of Egypt.

Central Bank of Honduras

The Central Bank of Honduras (Spanish: Banco Central de Honduras) is the central bank of Honduras.

The current bank president is Manuel Bautista.

The Bank was established on 1 July 1950. Former presidents of the bank include Ricardo Maduro, Sandra Midence and Marlon Tábora.

Central Bank of Liberia

The Central Bank of Liberia is Liberia's central bank. Its current executive governor is Milton Alvin Weeks. The offices of the bank are located in Monrovia, the capital of Liberia.

The bank is a member of the Alliance for Financial Inclusion.

Central Bank of Nicaragua

The Central Bank of Nicaragua (Spanish: Banco Central de Nicaragua) is the central bank of Nicaragua.

Central Bank of Suriname

The Central Bank of Suriname (Dutch: Centrale Bank van Suriname) is Suriname’s highest monetary authority and the country’s governing body in monetary and economic affairs.

The Central Bank’s tasks were legislated in the Bank Act of 1956. Like other central banks, it is the principal monetary authority of the country. Other tasks include the promotion of the value and stability of the currency of Suriname, the provision of money circulation, the safeguarding of private banking and credit union activities, together with balanced socio-economic development.

The Central Bank is headed by a Governor and divided into three directorates: Banking Operations, Monetary and Economic Affairs and Supervision.

Central banks and currencies of Europe

This is a list of central banks and currencies of Europe .

Central banks and currencies of the Americas

This is a list of central banks and currencies of the Americas (Central America and South America and North America) .

Eastern Caribbean Central Bank

The Eastern Caribbean Central Bank (ECCB) is the central bank for the Eastern Caribbean dollar and is the monetary authority for the members of the Organisation of Eastern Caribbean States (OECS), with the exception of the British Virgin Islands and Martinique. Two of its core mandates are to maintain price and financial sector stability, by acting as a stabilizer and safe-guard of the banking system in the Eastern Caribbean Economic and Currency Union (OECS/ECCU.) It was founded in October 1983 with the goal of maintaining the stability and integrity of the subregion's currency and banking system in order to facilitate the balanced growth and development of its member states.

The bank is headquartered in Basseterre, St. Kitts, and is currently overseen by Mr. Timothy Antoine, the Bank Governor. Prior to assuming his post in February 2016, the bank was overseen by the late Sir K. Dwight Venner. In early 2015, the bank announced plans to phase out the production of the 1 and 2 cent pieces. The date was finalised as July 1, 2015. When a motive was sought, it was stated that it takes about six cents to make one cent pieces and about eight cents to make a 2 cent piece.

Economy of the Netherlands Antilles

The Netherlands Antilles was an autonomous Caribbean country within the Kingdom of the Netherlands, which was formally dissolved in 2010.

List of central banks of Africa

There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender.

Below is a list of the central banks and currencies of Africa.

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