1 dollar = 4 shillings 2 pence. In 1935, the British West Indies dollar was introduced, equal in value to the Grenadan dollar and other dollars circulating in the British West Indies. Private banks continued to issue notes until 1941. The British West Indies dollar was replaced in 1965 by the East Caribbean dollar. Banknotes The Royal Bank of Canada introduced 5 dollar notes in 1909, continuing to issue them until 1938. The Colonial Bank issued 5 dollars notes until 1926, after which Barclays Bank (which had taken over the Colonial Bank) began issuing 5 dollars notes and continued until 1941. References External links Modern obsolete currencies Economy of Grenada Currencies of the Caribbean