Grenada

Money & costs

Money

The official currency is the Eastern Caribbean dollar (EC$ or XCD). A growing number of 24-hour ATMs all over Grenada dispense Eastern Caribbean dollars. Most hotels, shops and restaurants will accept US dollars, but you’ll get a better exchange rate by changing to Eastern Caribbean dollars at a bank and using local currency. Major credit cards are accepted by most hotels, top-end restaurants, dive shops and car-rental agencies. Be clear about whether prices are being quoted in Eastern Caribbean or US dollars, particularly with taxi drivers.

An 8% tax and 10% service charge is added to many hotel and restaurant bills. If no service charge is added at restaurants, a 10% tip is generally expected. Prices quoted in this chapter do not include the 18% tax and charge.