dominican dollar Synonyms
No Synonyms and anytonyms found
dominican dollar Meaning
Wordnet
dominican dollar (n)
the basic unit of money in Dominica
dominican dollar Sentence Examples
- The Dominican dollar is the official currency of the Commonwealth of Dominica, with the currency symbol "$" and the ISO code "XCD".
- One Dominican dollar is divided into 100 cents.
- The Dominican dollar is pegged to the United States dollar at a rate of 2.70 XCD to 1 USD.
- The Dominican dollar is issued by the Eastern Caribbean Central Bank (ECCB), which is headquartered in St. Kitts and Nevis.
- The Dominican dollar is used in all transactions in Dominica, including the purchase of goods and services, payment of salaries and wages, and payment of taxes.
- The Dominican dollar is accepted in some neighboring countries, such as Saint Lucia, Saint Vincent and the Grenadines, and Antigua and Barbuda.
- The Dominican dollar is a stable currency, and its value has remained relatively constant against the United States dollar over the years.
- The Dominican dollar is often used as a store of value, as it is considered a safe and reliable investment.
- The Dominican dollar is a popular currency for tourists visiting Dominica, as it is widely accepted and can be easily exchanged for other currencies.
- The Dominican dollar is a symbol of Dominica's national identity and sovereignty.
FAQs About the word dominican dollar
the basic unit of money in Dominica
No synonyms found.
No antonyms found.
The Dominican dollar is the official currency of the Commonwealth of Dominica, with the currency symbol "$" and the ISO code "XCD".
One Dominican dollar is divided into 100 cents.
The Dominican dollar is pegged to the United States dollar at a rate of 2.70 XCD to 1 USD.
The Dominican dollar is issued by the Eastern Caribbean Central Bank (ECCB), which is headquartered in St. Kitts and Nevis.