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The dollar has been the currency of Saint Lucia since 1920. The East Caribbean States dollar currently circulates.
From 1851, the British pound circulated on Saint Lucia, replacing the Saint Lucia livre. Sometime after 1882, private banknotes, denominated in dollars, began to be issued on the island. From 1920, some of these notes also bore the value in sterling, with 1 dollar = 4 shillings2pence. During this period, no subdivision of the dollar was issued and British coins continued to circulate. The government of Saint Lucia also issued paper money in 1920, denominated in sterling.
In 1935, the British West Indies dollar was established, equal in value to the earlier Saint Lucia dollar and other similar issues elsewhere in the British West Indies. The last distinct issues of banknotes were made for Saint Lucia in 1940. Since 1965, the East Caribbean States dollar has circulated.
Three banks, the Royal Bank of Canada, the Colonial Bank and Barclays Bank, all issued 5 dollars notes. The Royal Bank of Canada issued notes in 1920, whilst the Colonial Bank issued notes until 1926 and Barclays Bank (which took over the Colonial Bank) issued notes between 1926 and 1940.
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