Trinidad and Tobago dollar conversion

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Trinidad and Tobago dollar

Worldwide use:

  • Trinidad and Tobago

Description:

The Trinidad and Tobago Dollar is worth 19 US Cents. The symbol used is the $ sign or TT$ to differentiate it from the US Dollar. The currency comes in denominations of 1¢, 5¢, 10¢ and 25¢ and the less frequently used 50¢ and $1 coins. Banknotes come in $1, $5, $10, $20, $50 and $100 bills.

In 1977 the Central Bank of Trinidad and Tobago issued new currency denominations in the form of $50 and $100 banknotes. The $50 note was later withdrawn from circulation due to a stolen shipment. In 2012 the $50 banknote was reintroduced to commemorate Trinidad and Tobago's Golden Jubilee of Independence.

Origin:

The first Trinidad and Tobago Dollar was introduced in 1964, replacing the East Caribbean Dollar at par. The Trinidad and Tobago Dollar and the East Caribbean Dollar were the last two currencies in the world to retain the old rating of one Pound equals four Dollars and eighty Cents, as per the old gold sovereign to Spanish pieces of eight that had been used globally for centuries and which upon the American Dollar is based.

Component units:

  • Cents (100)

Date introduced:

  • 1964

Central bank:

  • Central Bank of Trinidad and Tobago

Printer:

    Mint: