Trinidad and Tobago dollars

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Trinidad and Tobago dollars
Dollar bills (2017)
Country: Trinidad and Tobago
Subdivision: 100 cents
ISO 4217 code : TTD
Abbreviation: TT $, locally also $
Exchange rate :
(29 Mar 2020)

EUR  = 7.5632 TTD
1 TTD = 0.13222 EUR

CHF  = 7.0355 TTD
1 TTD = 0.14214 CHF

The Trinidad and Tobago dollar is the currency of Trinidad and Tobago . The TTD is available in coins of 5, 10, 25 and 50 cents. Banknotes exist in denominations of 1, 5, 10, 20, 50 and 100 dollars.

history

The predecessor of the Trinidad and Tobago dollar was the West Indian dollar , which existed from 1935 to 1965 and was the currency of Trinidad and Tobago from 1949 to 1964.

The country became independent in 1962, and in 1964 the Trinidadian Central Bank, which was then just two days old, issued the first banknotes of the new currency, the Trinidad and Tobago dollar. Banknotes of 1, 5, 10 and 20 dollars were available. In 1966, the cent coins followed with the values ​​1, 5, 10, 25 and 50 cents. From 1964 to 1968, the Trinidad and Tobago dollar was the official currency in neighboring Grenada , but was then replaced by the East Caribbean dollar (EC $).

In 1977 Trinidad became a republic, and the British Queen Elizabeth II , who had been depicted on the banknotes until then, was no longer the country's head of state. Accordingly, new banknotes were issued in the same year, and notes of 50 and 100 dollars were introduced. The $ 50 note was withdrawn in 1979. In 1985 the reverse side of the banknotes was redesigned, and in 2002 new security features were introduced. In 2012, on the occasion of the 50th anniversary of Trinidad's independence, a new 50 dollar bill made of polymer was introduced, for which the Trinidadian central bank received the “Bank Note of the Year Award” from the International Bank Note Society (IBNS) in 2014. The 1 cent coin was no longer minted as of 2014 and lost its validity in 2018. In December 2019, the $ 100 note was replaced by a polymer version.

Web links

Individual evidence

  1. Central-Bank.org.tt: Post-Independence History of Trinidad and Tobago Banknotes (1962 to 2012). Retrieved December 22, 2017 . (PDF, 2 MB)
  2. BanknoteInfo.net: Trinidad & Tobago Wins 2014 Ibns Banknote Of Year Award. Retrieved March 8, 2020 .
  3. Central-Bank.org.tt: The Central Bank Act, Chap. 79:02. Retrieved July 4, 2018 . (PDF, 120 KB)
  4. Asha Javeed: New notes from today . In: Trinidad Express . December 9, 2019.