Currency

Eastern Caribbean dollar (EC$)

Daily Costs

Budget: Less than EC$300

  • Beer in a bar: EC$6
  • City bus: EC$2
  • Budget hotel room: EC$200
  • Roadside lunch: EC$12–20

Midrange: EC$300–600

  • Museum entrance: EC$10
  • Midrange hotel room: EC$400
  • Short taxi ride: EC$30–40
  • Meal in local restaurant: EC$50

Top end: More than EC$600

  • Beachfront resort: from EC$600
  • Two-course evening meal: EC$120
  • Guided kayaking trip: EC$185
  • SUV car rental: EC$250

Bargaining

  • Bargaining is not customary in Grenada, with the exception of craft markets and souvenir shops where a little bit of haggling is acceptable.
  • Rates at hotels are generally fixed and bargaining will not usually result in a discount.

Money

The official currency is the Eastern Caribbean dollar (EC$). There are 24-hour ATMs dispensing EC$ all over Grenada and in Hillsborough, Carriacou.

Currency

  • Most hotels, shops and restaurants accept US dollars, but you’ll get a better exchange rate by changing to Eastern Caribbean dollars at a bank and using local currency.
  • Accommodation is usually priced in US dollars, as are tours and meals in more upmarket hotels; otherwise, EC$ is used.
  • Be clear about whether prices are being quoted in Eastern Caribbean or US dollars, particularly with taxi drivers.

Exchange Rates

The Eastern Caribbean dollar is pegged to the US dollar at a rate of 2.70 to 1. For current exchange rates, see www.xe.com.

AustraliaA$EC$1.99
BarbadosB$1EC$1.35
CanadaC$1EC$2
Europe€1EC$2.85
Japan¥100EC$2.40
New ZealandNZ$1EC$1.89
UKUK£1EC$3.35
USUS$1EC$2.70

Credit Cards

Major credit cards are accepted by most hotels, top-end restaurants, dive shops and car-rental agencies.

Tipping

A 10% 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 here do not include the tax and charge.