| Admin History | In May 1946, a Currency Conference held in Barbados recommended the establishment of a unified system of currency notes and coin for Barbados, British Guiana, Trinidad and Tobago, the Leeward Islands and the Windward Islands. The recommendations were embodied in an Agreement made between the Governments of these Colonies, and a new Currency Board, entitled 'Board of Commissioners of Currency, British Caribbean Territories (Eastern Group)', was established by Ordinances passed in respective Colonial Legislatures. The new Board, more often known as the British Caribbean Currency
Board (BCCB) commenced operations on 15 August 1951, and became the sole authority for issuing currency in the Eastern Group (see note for record: 27 Aug 1951). The BCCB had no Bank or United Kingdom (UK) representation, nor included Jamaica as a member of Board. |