Catalog
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| Issuer | Eastern Caribbean Central Bank |
|---|---|
| Year | 1998 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | EASTERN CARIBBEAN CENTRAL BANK THESE NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT ONE HUNDRED DOLLARS |
| Reverse description | A portrait vignette of Nobel laureate Sir Arthur Lewis occupies the left portion of the note, while the Eastern Caribbean Central Bank building in St. Vincent is rendered as the principal architectural vignette to the right. The composition is set within a structured guilloche border with denomination numerals and inscriptions arranged within the design field. |
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| Comments |
The Eastern Caribbean Central Bank has issued notes in a remarkably stable design series since the early 1980s, with Thomas De La Rue supplying the entire output throughout. The $100 denomination is the highest in the series and consequently sees lower circulation velocity — most pass quickly through commercial banking channels rather than retail use, which tends to keep surviving examples in better average condition than the smaller denominations.
The ECCB serves eight currency union members simultaneously, an arrangement that has held without realignment since 1965 when the East Caribbean dollar was pegged to the US dollar at 2.70:1 — a rate that has never changed.