The history of banknotes in Dominica reflects the economic and political evolution of this Caribbean nation. Since its independence from the United Kingdom in 1978, Dominica has undergone significant changes in its monetary system, moving from using colonial currency to issuing its own banknotes as a sovereign country.
Current banknotes in circulation
Dominica is currently part of the Eastern Caribbean Currency Union, using the Eastern Caribbean Dollar (EC$) as its official currency. Banknotes in circulation are issued by the Eastern Caribbean Central Bank and feature denominations of $5, $10, $20, $50 and $100. These modern banknotes have advanced security features and depict the flora, fauna and history of the region.
Old banknotes and landmarks in the notafilia
Prior to the adoption of the Eastern Caribbean dollar, Dominica used banknotes issued by the Government of Dominica for a brief period following its independence. These banknotes, now considered collector's items, reflected Dominica's emerging national identity. An important milestone in Dominican notafilia was the transition to the regional monetary system in 1983, marking the end of the issuance of national banknotes and the beginning of an era of monetary cooperation in the Eastern Caribbean.
