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Prices now with the weak gbp

Manchester, United...
Level Contributor
154 posts
15 reviews
Prices now with the weak gbp

Hi considering here next March, I realise tne GBP is bad against the USD has it affected the east Caribbean dollar much? We would stay in Rodney bay area and book room only and flights but didn't know if costs would be considerably higher than a year or two ago. We're happy with pizza and beers in an evening not high class dining and found south coast Barbados fine price wise two years ago.thanks

Edited: 07 September 2016, 02:11
St. Lucia
Destination Expert
for St. Lucia
Level Contributor
14,127 posts
10 reviews
1. Re: Prices now with the weak gbp

Costs in EC will be the same as when you've visited or perhaps a tad higher depending on inflation, import costs, local market rates, etc. How far your sterling goes however may be a different story. A year or so ago, GBP to EC was approx £1-$4.20. Currently, it's about £1-$3.85/3.9 (both rates being bank rates here).... So, a slight drop. Not a huge deal in the grand scheme of things, and who knows what it will look like in 2017? Or in a month for that matter. You rolls your dice and you takes your chances...

FWIW, a beer at the grocery store is $3.50EC, at most local bars it's about $5ec or many, especially in the south and west coasts, 3-4-$10ec. Just enjoyed a full local meal for lunch for $15ec: chicken, rice, beans, salad, ground provisions and potato salad... Dining in Rodney Bay tourist restaurants will be considerably more, looking at $25-50ec pp for meal for lunch, $75-150pp for dinner.

Edited: 07 September 2016, 03:57
Houston, Texas
Level Contributor
1,324 posts
5 reviews
2. Re: Prices now with the weak gbp

The EC dollar is a set exchange rate to the US dollar. It's right around 2.7 EC to the US dollar. So watch the GBP/US$ exchange rate.

Berkshire
Destination Expert
for Vieux Fort, Gros Islet
Level Contributor
2,549 posts
97 reviews
3. Re: Prices now with the weak gbp

Hi,

The EC$ is pegged to the US$ and therefore because the GBP has fallen from £1 = USD1.50 to £1=USD 1.30 all prices when put back to GBP are about 15% that before Brexit.

Reedprincess has outlined some meal prices very well. St Lucia is not a cheap place to eat, on a par with Barbados. but there is a good range of price points so you will find cheaper options like Pizza and Burgers etc that you allude to plus wonderful local dishes

STEVE

England
Destination Expert
for St. Lucia
Level Contributor
3,691 posts
255 reviews
4. Re: Prices now with the weak gbp

If you stick to the local cafes and street food options you will be fine. The 15% increase is about right. I paid a hotel bill the day after Brexit and ouch! Wish I had now paid in advance but there you go :-)

Manchester, United...
Level Contributor
154 posts
15 reviews
5. Re: Prices now with the weak gbp

Thanks all, don't really like all inclusive so trying to weigh up cost wise. We found Barbados like the uk for pizza, burger and chips kind of food, and hoped Rodney bay, Gros islet area was similar. We ate lunch from fast food or locals selling their home made fare. We're veggie but eat fish so not into gourmet food.

Peaks Island, Maine
Level Contributor
2,049 posts
27 reviews
6. Re: Prices now with the weak gbp

Now that the Pound is sitting at a 31 year low as compared to the U.S. Dollar, the price tag for your vacation to the island just went up again. Unfortunately for the short and mid term, this seems to be the new trend. Even since the end of June, costs have gone up 15 % due to currency fluctuations--that's a lot in a short time:

usatoday.com/story/…

7. Re: Prices now with the weak gbp

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