Currencies/British Caribbean dollar
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Introduction
The British Caribbean dollar was a common currency used in several British territories in the Caribbean during the mid-20th century.
History
The British Caribbean dollar was introduced in 1950 to replace earlier colonial currencies used across the British West Indies. It was issued under the authority of the British Caribbean Currency Board and circulated in multiple territories, including Barbados, British Guiana, Trinidad and Tobago, and others. In 1965, it was replaced by the East Caribbean dollar in most participating territories.
Banknotes
Banknotes were issued in denominations such as 1, 2, 5, 10, and 100 dollars. The notes were printed in England and featured standardized designs for use across the Caribbean colonies. Banknotes bore the name British Caribbean Territories, Eastern Group on later issues.
Currency
Currency name dollar
Subdivisions
1 dollar = 100 cents
Peg
Fixed to the British pound sterling
Legacy
The British Caribbean dollar was withdrawn between 1965 and 1966, when it was replaced by the East Caribbean dollar under a new regional monetary authority. It represents an important phase in Caribbean monetary unification.
