Date
Jun 23, 2023 4:46 PM
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Anguilla, a British Overseas Territory located in the Caribbean, uses the Eastern Caribbean dollar (XCD) as its official currency. The history of currency notes in Anguilla is closely tied to the Eastern Caribbean Currency Authority (ECCA) and the Eastern Caribbean Central Bank (ECCB). Here is an overview of Anguilla's currency note history:
- Eastern Caribbean Currency Authority (1965-1983): In 1965, the Eastern Caribbean Currency Authority was established, which issued currency notes for several countries in the Eastern Caribbean region, including Anguilla. These currency notes were denominated in Eastern Caribbean dollars and featured common designs and security features.
- Introduction of Anguilla-Specific Notes: Following Anguilla's separation from the associated state of Saint Kitts and Nevis in 1980, efforts were made to establish Anguilla's own currency notes. In 1983, the Eastern Caribbean Central Bank Act was passed, leading to the formation of the Eastern Caribbean Central Bank (ECCB). Subsequently, Anguilla introduced its own series of currency notes, distinct from the common ECCB notes.
- Anguilla's Currency Notes: The currency notes of Anguilla, issued by the ECCB on behalf of Anguilla, feature designs that reflect the culture, history, and natural beauty of the island. These notes typically bear images of local landmarks, flora and fauna, and historical figures significant to Anguilla.
- Denominations and Security Features: The currency notes of Anguilla are available in various denominations, including $5, $10, $20, $50, and $100. They incorporate advanced security features like watermarks, holograms, and unique serial numbers to prevent counterfeiting and ensure their authenticity.
- Commemorative Issues: Like many other countries, Anguilla has released commemorative currency notes on special occasions or to honor notable individuals or events. These limited edition notes often have unique designs and are sought after by collectors.
Today, the currency notes issued by the Eastern Caribbean Central Bank on behalf of Anguilla serve as legal tender on the island. They represent the economic and financial stability of Anguilla and reflect the island's identity and rich cultural heritage.