At its 105th Meeting on Friday, 21 July, the Monetary Council of the Eastern Caribbean Central Bank (ECCB) approved the replacement of the late Queen Elizabeth II’s likeness on the Eastern Caribbean currency.
Following the meeting of the Monetary Council, which is the highest decision-making body of the ECCB, its Communiqué announced that a proposal to replace the late Queen with the logo of the Eastern Caribbean Currency Union (ECCU) will be subject to a period of public consultation from now until 31 December 2023.
During this consultative process, the public is invited to comment on the proposal to replace the Queen’s image with the ECCU logo, as well as offer suggestions for alternative or additional images to use on the EC currency.
Recommendations can be sent by direct message to the ECCB Connects Facebook Page, by email to newecimage@eccb-centralbank.org or by postal mail to P O Box 89, Basseterre, Saint Christopher (St Kitts) and Nevis.
The Monetary Council will make a final decision on the new look for the EC currency by February 2024.
Bearing a large portrait of Her Majesty Queen Elizabeth II, the first EC banknotes were issued in November 1984 to commemorate the ECCB’s first anniversary. Prior to 1984, banknotes – featuring different portraits of the Queen – were issued by the East Caribbean Currency Authority (ECCA) from 1965 to 1983 and the British Caribbean Currency Board (BCCB) from 1950 to 1965.
Historical Note:
The logo of the Eastern Caribbean Currency Union (ECCU) shows the flags of the ECCB Member Countries encircling the logo of the Eastern Caribbean Central Bank (ECCB).
The logo of the Eastern Caribbean Central Bank was designed by Mr Dennis Richards of St. Kitts/Nevis on 27 June 1984. In June 1992, Miss Marijka Grey of St Kitts/Nevis reproduced a coloured version of the logo with the colours blue, green and yellow.
The logo consists of a blue circle bordered with a narrow yellow strip both on the inner and outer rims of the circle. The words Eastern Caribbean Central Bank are inscribed in yellow lettering on the blue circle. This circle frames two green laurels interspersed with splashes of yellow encasing the letters ECCB, also written in yellow and resting on a white background.
White – The purity of aspiration of the peoples of the sub-region and the sand which frames the lovely waters of the Region.
Blue – The azure colour epitomizes the comely and breath taking beaches/waters and clear skies of which this Region boasts.
Yellow – The goldish yellow embodies the warmth of the people and the radiant sunshine.
Green – The green symbolises the lush vegetation and verdant fields and forests of the islands.
The combination of colours clearly illustrates the two major economic activities for which the islands are known, to wit, Agriculture and Tourism.
Laurels – These evergreen shrubs are symbolic of the honour which the Central Bank seeks to bring to the sub-region as it grapples with the challenges encountered along the path to the achievements of balanced growth and developments.
SOURCE: Eastern Caribbean Central Bank/ SLT
I’ll a reshape and removal of imagines that bares a brunt remanence of colonialism along with major acquisition of wealth over force labor, brutal killing, force beliefs etc. Should not be used. In this case the Queen imagine represent inheritance of her past siblings, which she could have change but refused to. The battle for repatriation doesn’t seems to have sit in her cognitive brain. While at the same time we must seek to used plural imagine if any to bring pride and tranquality. Remove her image with immediate effect.
Honestly i don’t think ECCB should be concern about the public’s opinion regarding the image of the EC dollar i think they need to focus on how they can keep it’s value against the major currencies moving forward.
This article does not surprise me at all! The biggest issue for the ECCB is the LOOK of its currency, not its VALUE. Any follower of current world affairs would understand that there are bigger issues for the region; mainly the fallout from the failures of the current economic hegemon, the US, to whose currency the EC dollar is pegged.
Methinks this very public campaign is mere “trompe l’oeil” for a surreptitious campaign towards a cashless society via digital-only currency! Nice try by the US lickspittle, Antoine!
NO COMPROMISE | MOATS with George Galloway – Episode 261: from the 5:45 mark:
https://www.youtube.com/watch?v=7r11vtEBYYY
oh ok i honestly thought they would have just replaced it with the head of king charles
@ MA MALAY:- No way; no more the head of this disjointed family. Don’t anyone understand the w0rd ‘Independence’ – it is not that long ago we made that decision and all of us agreed. The decision to remove images on Coins, Postal Stamps and whatever was long awaited. To me this decision is long overdue, given what is their ‘Head’ today makes it more obvious to me at least, that the choice on an image for Coins and Postal Stamps must be completely different. HELLO – how about the PITONS.
Put the head of king Charles and Allan chastanet on it
Image doesn’t matter….value matters…..gonna get spent either way…..
Would like to see the $1 note back though.