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luxingzhinan > Guides > Caribbean > Grenada

Money and duty free for Grenada

Currency and Money

Currency information

East Caribbean Dollar (XCD; symbol EC$) = 100 cents. Notes are in denominations of EC$100, 50, 20, 10 and 5. Coins are in denominations of EC$1, and 50, 25, 10, 5, 2 and 1 cents.

Note: The East Caribbean Dollar is tied to the US Dollar. The US Dollar is accepted everywhere, but change might be given in EC$.

Credit cards

American Express, Diners Club, Mastercard and Visa and other major cards are accepted by most shops, car hire companies and hotels. ATMs are available, mostly in St George's.

ATM

ATMs are available, mostly in St George's.

Travellers cheques

Accepted by most banks. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars.

Banking hours

Mon-Thurs 0800-1500, Fri 0800-1700.

Currency restrictions

There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding EC$10,000 must be declared upon arrival.

Currency exchange

Barclays Bank, Grenada Bank of Commerce, Grenada Co-operative Bank, National Commercial Bank and Scotia Bank are all found on the island. It is advised to exchange currency at banks to obtain the most favourable exchange rates.

Grenada duty free

Overview

The following goods may be imported into Grenada by travellers aged 18 and over without incurring customs duty:

• 200 cigarettes or 50 cigars or 250g of tobacco.
• 1L of wine or spirits.
• 300ml of perfume.
• Goods to the value of EC$300.

Banned Imports

Narcotics, arms and ammunition (unless you obtain a police licence), fruit and vegetables.

Banned Exports

Narcotics and unlicensed arms and ammunition.

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