XCD Market Update
28 Mar 2026 • 01:22 GMT
The XCD remains steady against the USD, holding its 3-month average of 0.37. Despite the US dollar strengthening yesterday as investors sought safe-haven assets amid waning risk appetite, the XCDUSD rate has maintained its stability.
In contrast, the XCD has seen notable gains against some other currencies. The XCD has strengthened to 0.2790 against the GBP, a 1.6% increase above its 3-month average, and near 59.31 against the JPY, a 2.2% rise, reaching the highest points in 90 days. Additionally, the XCD has appreciated against the CAD and CHF, trading at 0.5143 and 0.2956 respectively — levels that are over 1% above their recent averages.
While the US dollar’s recent strength has limited movement against the Caribbean currency, regional factors like a stable local economy, low inflation, and ongoing regional development projects support the XCD’s resilience. Overall, the Caribbean dollar remains relatively stable amid global uncertainty, with some currencies gaining against the USD and others remaining steady. The focus remains on international shifts and regional economic policies that could influence future movements.
