Understanding Currency in St Croix US Virgin Islands

Author

Reads 1.3K

Banknote Lot
Credit: pexels.com, Banknote Lot

The US Virgin Islands, including St. Croix, is a US territory, which means that the official currency is the US dollar.

You can use US dollars at most businesses, restaurants, and shops on the island.

Credit cards are widely accepted, but cash is still king, especially when it comes to smaller vendors and local markets.

The US dollar is divided into 100 cents, and you'll see prices listed in dollars and cents on menus, signs, and price tags.

Check this out: Us Cents Value

Currency Basics

The US dollar is the official currency of the US Virgin Islands, including St. Croix.

You can exchange your money for US dollars at local banks, currency exchange offices, or some hotels.

Credit cards are widely accepted on the island, including major brands like Visa and Mastercard.

ATMs are readily available in major towns and tourist areas, dispensing US dollars.

Traveler's checks are less common, but still accepted at some businesses, especially those that cater to tourists.

It's a good idea to have some local currency on hand when you arrive, especially if you plan to explore the island immediately.

You might like: Watch Love Island Uk

Exchanging Money

Credit: youtube.com, Getting foreign money when traveling | How to exchange foreign currency

You can exchange currency at various locations in St. Croix, including banks, currency exchange offices, and some hotels.

Credit cards are widely accepted on the island, but you may still need to exchange some cash for smaller purchases or at local vendors.

Some popular currency exchange options include FirstBank, Banco Popular, and Scotiabank, which often offer competitive exchange rates.

Where to Exchange

Exchanging money in Saint Croix can be a bit tricky, but don't worry, I've got you covered. You can find the most competitive exchange rates and choose from a wide range of currency exchangers with the map view feature.

If you don't see exchangers on the map, try zooming out to get a better view. The map view feature is a game-changer for planning your currency exchange needs.

Christiansted Federal Credit Union is a great option, with a rating of 6 and 6 reviews. It's located at P7VV+VMF, Christiansted.

Bank of St. Croix - Peter’s Rest Banking Center has a rating of 5 and 5 reviews. You can find it at 6702 Peter's Rest Christiansted.

Discover more: 5 Dollar Bill Usd

Credit: youtube.com, How to exchange US Dollars to EUROS (or any foreign currency) on vacation

FirstBank is a top choice, with a rating of 10 and 10 reviews. It's located at 4 & 5, Christiansted.

Here's a quick rundown of some of the top exchangers in Saint Croix:

Banco Popular has a rating of 11 and is located at 00840. Firstbank is another top choice, with a rating of 12 and located at Sunny Isle, 54, Christiansted.

Connery International Business Center is also an option, but it doesn't have any reviews or ratings listed. It's located at 184C Pepper Tree Road, Christiansted.

Take a look at this: St Croix Located

Money

The US dollar is the accepted currency in St Croix, so you won't need to worry about exchanging money for a different currency.

You'll find banks, ATMs, Western Unions, and most businesses accept major credit cards, making it easy to manage your finances while traveling.

Carry a small amount of cash with you, as you'll often encounter drinks, street food, small gifts, tips, and other expenses that may not be covered by credit or debit cards.

A unique perspective: Us Currency Credit Card Canada

Credit: youtube.com, Get the best deal on foreign currency exchange

There is no sales tax in the Virgin Islands, which is a nice bonus for travelers.

A 10% government tax is applied to hotel rooms, so factor that into your budget when booking accommodations.

St Croix has duty-free status, allowing each visitor to bring back up to $1200 of purchases duty-free.

Frequently Asked Questions

Which is more expensive, St. Thomas or St. Croix?

St. Thomas is slightly more expensive than St. Croix, with rent prices about 5% higher. However, dining out is relatively more affordable on St. Thomas, with restaurant prices 6% lower.

Greg Brown

Senior Writer

Greg Brown is a seasoned writer with a keen interest in the world of finance. With a focus on investment strategies, Greg has established himself as a knowledgeable and insightful voice in the industry. Through his writing, Greg aims to provide readers with practical advice and expert analysis on various investment topics.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.