Your Complete Guide to Money in Grenada
Master the Eastern Caribbean dollar and local customs
Understanding Grenada's Currency
Grenada uses the Eastern Caribbean dollar (XCD), shared with seven other Caribbean nations. You'll see prices marked with the familiar $ symbol, but don't assume it's US dollars – always clarify which currency is being quoted, especially in tourist areas where both are commonly accepted.
Tipping Culture in Grenada
Grenadian hospitality is legendary, and tipping is a thoughtful way to show appreciation for good service. The island follows Caribbean tipping norms with some local nuances that reflect the warm, community-oriented culture.
Service | Tip Amount | Notes | |
|---|---|---|---|
| 🍽️Restaurant servers | 10-15% | Check if service charge included | |
| 🏨Hotel housekeeping | $3-5 USD/day | Leave daily, not at checkout | |
| 🗺️Tour guides | 10-20% | Higher for exceptional service | |
| 🚕Taxi drivers | 10% | Round up for short rides | |
| 💆Spa services | 15-20% | Similar to restaurant standards | |
| 🍹Bartenders | $1-2 per drink | Or 15% of total bill |
Grenadians are incredibly gracious hosts. A genuine 'thank you' along with your tip goes a long way – they really appreciate when visitors acknowledge their hospitality.
Daily Costs & Budget Planning
Grenada offers options for every budget, from backpacker-friendly guesthouses to luxury resorts. Understanding typical costs helps you plan realistically and avoid budget surprises.
Payment Methods & ATM Access
Grenada has modern banking infrastructure, especially in St. George's and tourist areas. However, cash still rules in many local establishments and remote areas.
Credit Card Acceptance:
- Major hotels and resorts: Excellent
- Restaurants in tourist areas: Good
- Local eateries and rum shops: Limited
- Transportation: Cash preferred
- Markets and street vendors: Cash only
ATM Availability: ATMs are plentiful in St. George's and Grand Anse Beach area. Most accept international cards and dispense XCD. Banks include Republic Bank, Grenada Co-operative Bank, and RBTT Bank.
Money-Saving Tips
Eat Like a Local: Skip hotel restaurants for lunch and try local spots like BB's Crabback or Victory Bar for authentic meals at local prices.
Public Transport: Use local buses (called 'reggae buses') between towns – they're colorful, fun, and cost just a few XCD.
Market Shopping: Buy fruits, spices, and souvenirs at Saturday morning markets in St. George's for the best prices and freshest products.
Free Activities: Many of Grenada's best experiences – like hiking to waterfalls or exploring beaches – are completely free.
For comprehensive travel planning and safety information, check out our detailed Grenada country guide and safety tips.
The best memories in Grenada often cost the least – sharing a sunset at Grand Anse Beach or chatting with locals at the Saturday market.