Trinidad and Tobago dollar: Difference between revisions

Trinidad and Tobago dollar
	Obverse face of the different denominations of Trinidadian and Tobagonian banknotes.
ISO 4217
Code	TTD (numeric: 780)
Subunit	0.01
Unit
Symbol	$ or TT$‎
Denominations
Subunit
1⁄100	cent
Symbol
cent	¢ or TT¢
Banknotes	$1, $5, $10, $20, $50, $100
Coins
Freq. used	5¢, 10¢, 25¢
Rarely used	50¢, $1
Demographics
User(s)	Trinidad and Tobago
Issuance
Central bank	Central Bank of Trinidad and Tobago
Website	www.central-bank.org.tt
Valuation
Inflation	5.8% (December 2022)

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The Trinidad and Tobago dollar (currency code TTD) is the currency of Trinidad and Tobago. It is normally abbreviated with the dollar sign $, or alternatively TT$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. Cents are abbreviated with the cent sign ¢, or TT¢ to distinguish from other currencies that use cents. Its predecessor currencies are the Trinidadian dollar and the Tobagonian dollar.

History

The history of currency in the former British colony of Trinidad and Tobago closely follows that of the British Eastern Caribbean territories in general. The first currency used was the Spanish dollar, also known as "pieces of eight", which began circulating in the 16th century.^[2] Proposals for establishing banks in the West Indies, targeted at landowners, were made in 1661 by the British government, and in 1690 by Sir Thomas Dalby.^[3] Despite this, and Queen Anne's proclamation of 1704 that brought the pound sterling currency system to the West Indies, silver pieces of eight (Spanish dollars and later Mexican dollars) continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.

The abolition of slavery in the West Indies was the catalyst which led to the establishing of the first bank.^[4] The Colonial Bank was established on 1 June 1836,^[5] and opened its first branch in Trinidad in 1837 under the management of Anthony Cumming.^[6] Its initial mandate was to use Spanish and Mexican dollars as its official currency, and it was required to make all payments in those currencies, but incoming payments could be made in any currency, and the bank often found that it was short of dollars.^[7] The bank therefore lobbied the government, seeking permission to issue money in other currencies.^[8] This resulted in an imperial order-in-council in 1838, in which Trinidad and Tobago formally adopted the sterling currency, although the Spanish, Mexican and Colombian currencies were also declared legal tender.^[8]

A second bank, the West India Bank, was granted a Royal Charter in 1840, and opened its first branch in 1843.^[9] The loss of its monopoly had a profound effect on the Colonial Bank, which was also at a disadvantage due to not being permitted to pay interest on deposits, as the West India Bank did.^[10] The two banks pursued opposite strategies, with the Colonial Bank maintaining a conservative stance, including removing currency from circulation,^[10] while the West India Bank pursued aggressive expansion.^[11] The Sugar Duties Act of 1846, which equalised the duties on sugar imported into the United Kingdom from the British colonies with that of non-British territories, created a financial crisis in Trinidad and Tobago as the price of sugar fell rapidly.^[12] The West India Bank, which had taken on too much risk, went bust during the crisis and the Colonial Bank was also put under strain.^[13]

The international silver crisis of 1873 signalled the end of the silver dollar era in the West Indies and silver dollars were demonetized in Tobago in 1879 and in Trinidad at around the same period. This left a state of affairs, in which the British coinage circulated, being reckoned in the private sector using dollar accounts at an automatic conversion rate of 1 dollar = 4 shillings 2 pence. Local banks also issued their own dollars, however, denominated in dollars.^[14] Government offices kept their accounts in British pounds, shillings, and pence until the year 1935. The Currency Interpretation Ordinance of 1934 replaced the system of pounds, shillings and pence with the dollar, retaining the fixed exchange rate of 1 dollar for every 4 shillings 2 pence.^[15]

From 1949, with the introduction of the British West Indies dollar, the currency of Trinidad and Tobago became officially tied up with that of the British Eastern Caribbean territories in general. The British sterling coinage was eventually replaced by a new decimal coinage in 1955, with the new cent being equal to one half of the old penny. In 1951, notes of the British Caribbean Territories, Eastern Group, were introduced, replacing Trinidad and Tobago's own notes. In 1955, coins were introduced when the dollar was decimalized.

The currency of the union was replaced by the modern Trinidad and Tobago dollar in 1964,^[16] two years after the nation's independence in 1962.^[17] The Trinidad and Tobago dollar was launched, and had become the sole currency by 1967.^[17]

In 1964, Trinidad and Tobago introduced its own dollar. Between 1964 and 1968 the Trinidad and Tobago dollar was utilized in Grenada as legal tender until that country rejoined the common currency arrangements of the East Caribbean dollar.^[18] The Trinidad and Tobago dollar and the Eastern 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 gold sovereign to the Pieces of eight. Both of these currencies ended this relationship within a few weeks of each other in 1976.

After VAT was introduced in 1989, the dollar was switched from a fixed rate to a managed float regime on Easter Weekend, 1993.^[19] For a wider outline of the history of currency in the region, see Currencies of the British West Indies.

Coins

In 1966, coins were introduced in denominations of 1¢, 5¢, 10¢, 25¢ & 50¢. A large sized $1 coin was first released for circulation in 1969 and again in 1979 before being replaced with a smaller sized version in 1995 more regularly minted. The 5¢ is struck in bronze, with the other denominations in cupro-nickel. The obverses all feature Trinidad and Tobago's coat of arms, with the reverse designs solely featuring the denomination until 1976, when they were replaced by either a national bird or flower in addition to the denomination after the declaration of a republic. The 50¢ & $1 coins are scarcely seen in circulation, but can be purchased from banks if requested.

There are also coins minted in $5, $10, $100 and $200 denominations as well. These coins are not in circulation, and can only be obtained from the Central Bank of Trinidad and Tobago, either as part of a special 'eight-coin proof set' collection (in the case of the $5 and $10 coins) or individually (in the case of the $100 and $200 coins.) Notably, the $5 and $10 coins are minted in sterling silver, whereas the $100 and $200 are minted in gold. The price of the gold coins fluctuate depending on the current state of the market for gold.

In 2014 the government stopped minting the 1¢ coin. On 3 July 2018 cash rounding was implemented as 1¢ coins ceased being legal tender for cash payments, but the Central Bank will redeem them indefinitely in multiples of 5¢.^[20]

Coins of the Trinidad and Tobago dollar
Image	Value	Technical parameters				Description			Date of first minting
Image	Value	Diameter	Thickness	Mass	Composition	Edge	Obverse	Reverse	Date of first minting
	1 cent	17.78 mm	1.14 mm	1.94 g	Bronze	Plain/Smooth	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Hummingbird; text "1 CENT"	1976
	5 cents	21.21 mm	1.35 mm	3.24 g	Bronze	Plain/Smooth	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Greater bird-of-paradise (Paradisaea apoda); text "5 CENTS"	1976
	5 cents	21.2 mm	1.25 mm	3.31 g	Copper-plated steel	Plain/Smooth	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Greater bird-of-paradise (Paradisaea apoda); text "5 CENTS"	2017
	10 cents	16.26 mm	1.02 mm	1.41 g	Copper-nickel	Reeded	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Flaming Hibiscus; text "10 CENTS"	1976
	10 cents	16.3 mm	0.9 mm	1.4 g	Copper-nickel-plated steel	Reeded	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Flaming Hibiscus; text "10 CENTS"	2017
	25 cents	20 mm	1.63 mm	3.53 g	Copper-nickel	Reeded	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Chaconia (Warszewiczia coccinea or Wild Poinsettia); text "25 CENTS"	1976
	25 cents	20 mm	1.48 mm	3.5 g	Copper-nickel-plated steel	Reeded	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Chaconia (Warszewiczia coccinea or Wild Poinsettia); text "25 CENTS"	2017
	50 cents	26 mm	1.85 mm	7 g	Copper-nickel	Reeded	Coat of arms of Trinidad and Tobago; text "REPUBLIC OF TRINIDAD AND TOBAGO"	Steel drums; text "50 CENTS"	1976

Banknotes

First government issue one-dollar note (1905).

In the nineteenth century, the British gold sovereign was valued at four Spanish silver dollars and eighty cents. When the sterling coinage was finally accepted as the main circulating coinage in the British West Indies, the Eastern Caribbean colonies continued nevertheless to use the dollar unit for accounting purposes. The West Indian dollar was therefore equivalent to four shillings and two pence.

This Royal Bank of Canada note reflects this state of affairs with its overt mention of the fact that one hundred dollars is equal to twenty pounds, sixteen shillings, and eight pence sterling. This state of affairs was exclusively confined to the Eastern Caribbean region, possibly due to the geographical proximity to British Guiana. British Guiana had a reason to wish to retain the dollar unit owing to its recent changeover from Dutch currency. These factors did not affect Jamaica, Bermuda, or the Bahamas which adopted the sterling currency in both coinage and as the unit of account.

First government issue two-dollar note (1905).

In 1898, the Colonial Bank introduced $20 notes. These were followed in 1901 by $5. $100 notes were also issued. The last notes were issued in 1926, after which the Colonial Bank was taken over by Barclays Bank, which issued $5, $20 & $100 notes until 1941. In 1905, notes were introduced by the government in denominations of $1 & $2, followed by $5 in 1935, followed by $10 & $20 in 1942.

The Royal Bank of Canada introduced $5, $20 & $100 notes in 1909. From 1920, the notes also bore the denomination in sterling. 100-dollar notes were not issued after 1920, whilst the $5 and $20 were issued until 1938. The Canadian Bank of Commerce introduced $5, $20 & $100 notes in 1921, with the $5 & $20 notes issued until 1939. The Royal Bank of Canada one hundred dollar note, shown here; is a relic of a monetary system, in which the unit of account was related to the circulating coinage on the basis of two historical coins which were no longer in use.

On 14 December 1964, the Central Bank of Trinidad and Tobago introduced notes for $1, $5, $10 & $20.^[21] New denominations in the form of $50 & $100 notes were issued on 6 June 1977, although the $50 note was not continued after a shipment was stolen prior to issue. The $50 note was taken out of its brief circulation. The reverses of the current notes feature the Central Bank Building of Trinidad & Tobago. The obverses have the coat of arms in the center, a national bird and a place in Trinidad, such as a market, petroleum refinery, etc. In 2002, new $1 & $20 notes were introduced. In 2003, new $1, $5, $10 & $100 were also introduced. The notes were only slightly changed; they now have more security features & darker colour. Recently, more security features have been added to the notes by the Central Bank of Trinidad and Tobago. In 2012 the $50 note was reintroduced to commemorate Trinidad and Tobago's Golden Jubilee of Independence. On the front of the note is a Red-capped cardinal bird and the commemorative text around the center of the coat of arms.^[22] Two versions of this denomination were released, one without the commemorative text around the centre of the coat of arms (general circulation) and one with the commemorative text.

On 9 December 2019 polymer $100 notes were distributed to banks. The government announced that the current $100 notes would be demonetized after 31 December 2019.^[23]

On 21 February 2020, the central bank announced plans to change all of its paper based notes to polymer based notes.^[24]^[25]

On 27 October 2020, the central bank introduced polymer versions of the $5, $10 and $20 notes. These notes were distributed to commercial banks on 2 November 2020. They also announced that the polymer notes of the $1 and $50 would be introduced in January 2021.^[26]^[27]

On 15 February 2021, the central bank introduced a polymer version of the $1 and a redesigned polymer $50 note.^[28] The paper based notes were discontinued on January 1, 2022.^[29]

All banknotes have the coat of arms of Trinidad and Tobago on the obverse and an image of the central bank on the reverse.

Banknotes in circulation are

$1 (red)
$5 (green)
$10 (grey)
$20 (purple)
$50 (gold)
$100 (blue)

Current TTD exchange rates
From Google Finance:	AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD
From Yahoo! Finance:	AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD
From XE.com:	AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD
From OANDA:	AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD

Footnotes

^ "T&T at a Glance". Central Statistical Office. 23 March 2022.
^ Rita Pemberton; Debbie McCollin; Gelien Matthews (2018). Historical Dictionary of Trinidad and Tobago. Rowman & Littlefield. p. 109. ISBN 9781538111468.
^ Brown 1989, p. 20.
^ Brown 1989, p. 23.
^ Brown 1989, p. 24.
^ Brown 1989, p. 25.
^ Brown 1989, pp. 26–27.
^ ^a ^b Brown 1989, p. 28–29.
^ Brown 1989, p. 35.
^ ^a ^b Brown 1989, pp. 36–37.
^ Brown 1989, p. 38.
^ Brown 1989, pp. 39–40.
^ Brown 1989, pp. 44–45.
^ Brown 1989, p. 102.
^ Brown 1989, pp. 107–108.
^ Warren Cassell Jr. "Caribbean Currencies: An Overview". Investopedia.
^ ^a ^b "History of Money in Trinidad and Tobago". Central Bank of Trinidad and Tobago. Retrieved 29 September 2018.
^ Van Beek, Fritz (2000). "The Financial System". The Eastern Caribbean Currency Union: Institutions, Performance, and Policy Issues. International Monetary Fund. Retrieved 2013-02-26.
^ Farrell, Terrence W (April 2, 2013). "Floating of the TT dollar: 20 years later". Archived from the original on April 5, 2013.
^ "The Central Bank Act, Chap. 79:02" (PDF). Central-Bank.org.tt. Retrieved 2018-07-04.
^ Linzmayer, Owen (2012). "Trinidad and Tobago". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.
^ Trinidad and Tobago new 50-dollar regular and commemorative notes reported BanknoteNews.com. Retrieved 2012-06-21
^ "New notes from today". Trinidad Express Newspapers. 9 December 2019. Retrieved 2020-06-04.
^ "Concept Design for new Polymer Bank Notes Series" (PDF). Central Bank of Trinidad and Tobago. Retrieved 4 June 2020.
^ "Central Bank offers first look at designs for new polymer notes". www.looptt.com. Retrieved 2020-06-04.
^ "Polymer New Series - Public Notice 33x7 FC" (PDF). Central Bank of Trinidad and Tobago. Retrieved 27 October 2020.
^ Newsroom, Guardian Media (27 October 2020). "New polymer notes from Monday". CNC3. Guardian Media Limited. Retrieved 27 October 2020. {{cite web}}: |last1= has generic name (help)
^ Ghouralal, Darlisa. "New $1, $50 polymer legal tender from next week". Loop TT. Loop News TT. Retrieved 15 February 2021.
^ Perez-Sobers, Andrea (4 June 2021). "Central Bank removing five notes by January 1". T&T Express. Retrieved 27 October 2021.

References

Brown, Deryck R. (1989). History of Money and Banking in Trinidad and Tobago from 1789–1989. Central Bank of Trinidad and Tobago. ISBN 9789768001450.
Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
Pick, Albert (1990). Standard Catalog of World Paper Money: Specialized Issues. Colin R. Bruce II and Neil Shafer (editors) (6th ed.). Krause Publications. ISBN 0-87341-149-8.

Coins of Trinidad and Tobago from worldcoingallery.com

External links

About Notes and Coins at Central-Bank.org.tt

[1] "T&T at a Glance". Central Statistical Office. 23 March 2022.

[2] Rita Pemberton; Debbie McCollin; Gelien Matthews (2018). Historical Dictionary of Trinidad and Tobago. Rowman & Littlefield. p. 109. ISBN 9781538111468.

[FOOTNOTEBrown198920-3] Brown 1989, p. 20.

[FOOTNOTEBrown198923-4] Brown 1989, p. 23.

[FOOTNOTEBrown198924-5] Brown 1989, p. 24.

[FOOTNOTEBrown198925-6] Brown 1989, p. 25.

[FOOTNOTEBrown198926–27-7] Brown 1989, pp. 26–27.

[FOOTNOTEBrown198928–29-8] Brown 1989, p. 28–29.

[FOOTNOTEBrown198935-9] Brown 1989, p. 35.

[FOOTNOTEBrown198936–37-10] Brown 1989, pp. 36–37.

[FOOTNOTEBrown198938-11] Brown 1989, p. 38.

[FOOTNOTEBrown198939–40-12] Brown 1989, pp. 39–40.

[FOOTNOTEBrown198944–45-13] Brown 1989, pp. 44–45.

[FOOTNOTEBrown1989102-14] Brown 1989, p. 102.

[FOOTNOTEBrown1989107–108-15] Brown 1989, pp. 107–108.

[16] Warren Cassell Jr. "Caribbean Currencies: An Overview". Investopedia.

[CentralBank-17] "History of Money in Trinidad and Tobago". Central Bank of Trinidad and Tobago. Retrieved 29 September 2018.

[The_Eastern_Caribbean_Currency_Union2-18] Van Beek, Fritz (2000). "The Financial System". The Eastern Caribbean Currency Union: Institutions, Performance, and Policy Issues. International Monetary Fund. Retrieved 2013-02-26.

[Floating_of_the_TT_dollar:_20_years_later2-19] Farrell, Terrence W (April 2, 2013). "Floating of the TT dollar: 20 years later". Archived from the original on April 5, 2013.

[20] "The Central Bank Act, Chap. 79:02" (PDF). Central-Bank.org.tt. Retrieved 2018-07-04.

[21] Linzmayer, Owen (2012). "Trinidad and Tobago". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.

[22] Trinidad and Tobago new 50-dollar regular and commemorative notes reported BanknoteNews.com. Retrieved 2012-06-21

[23] "New notes from today". Trinidad Express Newspapers. 9 December 2019. Retrieved 2020-06-04.

[PNSCBTT-24] "Concept Design for new Polymer Bank Notes Series" (PDF). Central Bank of Trinidad and Tobago. Retrieved 4 June 2020.

[25] "Central Bank offers first look at designs for new polymer notes". www.looptt.com. Retrieved 2020-06-04.

[polymer51020-26] "Polymer New Series - Public Notice 33x7 FC" (PDF). Central Bank of Trinidad and Tobago. Retrieved 27 October 2020.

[polymer2tt-27] Newsroom, Guardian Media (27 October 2020). "New polymer notes from Monday". CNC3. Guardian Media Limited. Retrieved 27 October 2020. {{cite web}}: |last1= has generic name (help)

[28] Ghouralal, Darlisa. "New $1, $50 polymer legal tender from next week". Loop TT. Loop News TT. Retrieved 15 February 2021.

[29] Perez-Sobers, Andrea (4 June 2021). "Central Bank removing five notes by January 1". T&T Express. Retrieved 27 October 2021.

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@@ Line 1: / Line 1: @@
-{{Short description|Currency of Trinidad and Tobago}}{{more citations needed|date=July 2011}}
+{{Short description|Currency}}
+{{more citations needed|date=July 2011}}
+{{Infobox currency
-{{Infobox Currency
 | iso_code = TTD
-| iso_number = 780
-| iso_exponent = 2
 | using_countries = {{flag|Trinidad and Tobago}}
-| inflation_rate = 2.0% (December 2021) <ref>{{cite web|url=https://cso.gov.tt/tt-at-a-glance|title=T&T at a Glance|work=Central Statistical Office}}</ref>
+| inflation_rate = 5.8% (December 2022) <ref>{{cite web|url=https://cso.gov.tt/tt-at-a-glance|title=T&T at a Glance|work=Central Statistical Office|date=23 March 2022 }}</ref>
-| subunit_ratio_1 = 1/100
+| subunit_ratio_1 = {{frac|1|100}}
 | subunit_name_1 = [[Cent (currency)|cent]]
-| symbol = [[Dollar sign|$]] or '''TT$'''
+| symbol = [[Dollar sign|$]] or TT$
 | symbol_subunit_1 = [[¢]] or TT¢
 | frequently_used_coins = 5¢, 10¢, 25¢
 | rarely_used_coins = 50¢, $1
-| used_banknotes = {{val|p=$|1}}, {{val|p=$|5}}, {{val|p=$|10}}, {{val|p=$|20}}, {{val|p=$|50}}, {{val|p=$|100}}
+| used_banknotes = $1, $5, $10, $20, $50, $100
 | issuing_authority = [[Central Bank of Trinidad and Tobago]]
-| issuing_authority_website = {{url|http://www.central-bank.org.tt}}
+| issuing_authority_website = {{URL|https://www.central-bank.org.tt}}
 | image_1 = File:Series 2020 TTD Polymer Design.png
 | image_title_1 = Obverse face of the different denominations of Trinidadian and Tobagonian banknotes.
@@ Line 23: / Line 21: @@
 == History ==
 The history of currency in the former  British colony of Trinidad and Tobago closely follows that of the British [[Eastern Caribbean]] territories in general. The first currency used was the [[Spanish dollar]], also known as "pieces of eight", which began circulating in the 16th century.<ref>{{cite book |url=https://books.google.com/books?id=huhPDwAAQBAJ&pg=PA109 |page=109 |author1=Rita Pemberton |author2=Debbie McCollin |author3=Gelien Matthews |title=Historical Dictionary of Trinidad and Tobago |year=2018 |publisher=Rowman & Littlefield|isbn=9781538111468 }}</ref> Proposals for establishing banks in the West Indies, targeted at landowners, were made in 1661 by the British government, and in 1690 by [[Thomas Dalby (governor)|Sir Thomas Dalby]].{{sfn|Brown|1989|p=20}} Despite this, and [[Anne, Queen of Great Britain|Queen Anne]]'s proclamation of 1704 that brought the [[pound sterling]] currency system to the West Indies, silver [[pieces of eight]] ([[Spanish dollars]] and later [[Mexican dollar]]s) continued to form a major portion of the circulating currency right into the latter half of the nineteenth century.
 The abolition of slavery in the West Indies was the catalyst which led to the establishing of the first bank.{{sfn|Brown|1989|p=23}} The [[Colonial Bank (West Indies)|Colonial Bank]] was established on 1 June 1836,{{sfn|Brown|1989|p=24}} and opened its first branch in Trinidad in 1837 under the management of [[Anthony Cumming]].{{sfn|Brown|1989|p=25}} Its initial mandate was to use Spanish and Mexican dollars as its official currency, and it was required to make all payments in those currencies, but incoming payments could be made in any currency, and the bank often found that it was short of dollars.{{sfn|Brown|1989|pp=26–27}} The bank therefore lobbied the government, seeking permission to issue money in other currencies.{{sfn|Brown|1989|p=28–29}} This resulted in an  imperial order-in-council in 1838, in which Trinidad and Tobago formally adopted the [[Pound sterling|sterling]] currency, although the Spanish, Mexican and Colombian currencies were also declared legal tender.{{sfn|Brown|1989|p=28–29}}
@@ Line 47: / Line 45: @@
 In 2014 the government stopped minting the 1¢ coin. On 3 July 2018 [[cash rounding]] was implemented as 1¢ coins ceased being legal tender for cash payments, but the Central Bank will redeem them indefinitely in multiples of 5¢.<ref>{{cite web | url=https://www.central-bank.org.tt/sites/default/files/page-file-uploads/Legal%20Notice%20No.%2035%20of%202018.pdf | title=The Central Bank Act, Chap. 79:02 | publisher=Central-Bank.org.tt | access-date=2018-07-04}}</ref>
+{|class="wikitable" style="font-size: 90%"
+|-
+!colspan="10"|Coins of the Trinidad and Tobago dollar
+|-
+!rowspan="2"| Image
+!rowspan="2"| Value
+!colspan="4"| Technical parameters
+!colspan="3"| Description
+!rowspan="2"| Date of first minting
+|-
+! Diameter
+! Thickness
+! Mass
+! Composition
+! Edge
+! Obverse
+! Reverse
+|- {{Coin-copper-color}}
+|
+| 1 cent
+| 17.78&nbsp;mm
+| 1.14&nbsp;mm
+| 1.94 g
+| [[Bronze]]
+| Plain/Smooth
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| [[Hummingbird]]; text "1 CENT"
+| 1976
+|-
+|- {{Coin-copper-color}}
+|
+| 5 cents
+| 21.21&nbsp;mm
+| 1.35&nbsp;mm
+| 3.24 g
+| [[Bronze]]
+| Plain/Smooth
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| [[Greater bird-of-paradise]] (''Paradisaea apoda''); text "5 CENTS"
+| 1976
+|- {{Coin-copper-color}}
+|
+| 5 cents
+| 21.2&nbsp;mm
+| 1.25&nbsp;mm
+| 3.31 g
+| [[Copper]]-plated [[steel]]
+| Plain/Smooth
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| [[Greater bird-of-paradise]] (''Paradisaea apoda''); text "5 CENTS"
+| 2017
+|- {{Coin-silver-color}}
+|
+| 10 cents
+| 16.26&nbsp;mm
+| 1.02&nbsp;mm
+| 1.41 g
+| [[Cupronickel|Copper-nickel]]
+| Reeded
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| Flaming Hibiscus; text "10 CENTS"
+| 1976
+|- {{Coin-silver-color}}
+|
+| 10 cents
+| 16.3&nbsp;mm
+| 0.9&nbsp;mm
+| 1.4 g
+| [[Cupronickel|Copper-nickel]]-plated [[steel]]
+| Reeded
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| Flaming Hibiscus; text "10 CENTS"
+| 2017
+|- {{Coin-silver-color}}
+|
+| 25 cents
+| 20&nbsp;mm
+| 1.63&nbsp;mm
+| 3.53 g
+| [[Cupronickel|Copper-nickel]]
+| Reeded
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| Chaconia (''Warszewiczia coccinea'' or Wild Poinsettia); text "25 CENTS"
+| 1976
+|- {{Coin-silver-color}}
+|
+| 25 cents
+| 20&nbsp;mm
+| 1.48&nbsp;mm
+| 3.5 g
+| [[Cupronickel|Copper-nickel]]-plated [[steel]]
+| Reeded
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| Chaconia (''Warszewiczia coccinea'' or Wild Poinsettia); text "25 CENTS"
+| 2017
+|- {{Coin-silver-color}}
+|
+| 50 cents
+| 26&nbsp;mm
+| 1.85&nbsp;mm
+| 7 g
+| [[Cupronickel|Copper-nickel]]
+| Reeded
+| [[Coat of arms of Trinidad and Tobago]]; text "REPUBLIC OF TRINIDAD AND TOBAGO"
+| [[Steel drum]]s; text "50 CENTS"
+| 1976
+|-
+|}
 == Banknotes ==
@@ Line 67: / Line 174: @@
 [[File:Trinidad and Tobago Revised 50 Dollar Bill.jpg|250px|thumb|right|Trinidad and Tobago revised 50 Dollar bill 2015]]
-On 9 December 2019 polymer {{val|p=$|100}} notes were distributed to banks. The government announced that the current {{val|p=$|100}} notes would be demonetized after 31 December 2019.<ref>{{Cite web|title=New notes from today|url=https://trinidadexpress.com/news/local/new-notes-from-today/article_1cd7c2d4-1aeb-11ea-b170-f31b164b824e.html|access-date=2020-06-04|website=Trinidad Express Newspapers|language=en}}</ref>
+On 9 December 2019 polymer {{val|p=$|100}} notes were distributed to banks. The government announced that the current {{val|p=$|100}} notes would be demonetized after 31 December 2019.<ref>{{Cite web|title=New notes from today|url=https://trinidadexpress.com/news/local/new-notes-from-today/article_1cd7c2d4-1aeb-11ea-b170-f31b164b824e.html|access-date=2020-06-04|website=Trinidad Express Newspapers|date=9 December 2019 |language=en}}</ref>
-On 21 February 2020, the central bank announced plans to change all of its paper based notes to polymer based notes. <ref name="PNSCBTT">{{cite web |title=Concept Design for new Polymer Bank Notes Series |url=https://www.central-bank.org.tt/sites/default/files/latest-news/polymer-suite-notice_0.pdf |website=Central Bank of Trinidad and Tobago |publisher=Central Bank of Trinidad and Tobago |access-date=4 June 2020}}</ref><ref>{{Cite web|title=Central Bank offers first look at designs for new polymer notes|url=http://www.looptt.com/content/central-bank-offers-first-look-designs-new-polymer-notes|access-date=2020-06-04|website=www.looptt.com|language=en}}</ref>
+On 21 February 2020, the central bank announced plans to change all of its paper based notes to polymer based notes.<ref name="PNSCBTT">{{cite web |title=Concept Design for new Polymer Bank Notes Series |url=https://www.central-bank.org.tt/sites/default/files/latest-news/polymer-suite-notice_0.pdf |website=Central Bank of Trinidad and Tobago |access-date=4 June 2020}}</ref><ref>{{Cite web|title=Central Bank offers first look at designs for new polymer notes|url=http://www.looptt.com/content/central-bank-offers-first-look-designs-new-polymer-notes|access-date=2020-06-04|website=www.looptt.com|language=en}}</ref>
-On 27 October 2020, the central bank introduced polymer versions of the {{val|p=$|5}}, {{val|p=$|10}} and {{val|p=$|20}} notes. These notes will be distributed to commercial banks on 2 November 2020. They also announced that the polymer notes of the {{val|p=$|1}} and {{val|p=$|50}} will be introduced in January 2021. <ref name="polymer51020">{{cite web |title=Polymer New Series - Public Notice 33x7 FC |url=https://www.central-bank.org.tt/sites/default/files/latest-news/new-series-public-notice.pdf |website=Central Bank of Trinidad and Tobago |publisher=Central Bank of Trinidad and Tobago |access-date=27 October 2020}}</ref><ref name="polymer2tt">{{cite web |last1=Newsroom |first1=Guardian Media |title=New polymer notes from Monday |url=https://www.cnc3.co.tt/new-polymer-notes-from-monday/ |website=CNC3 |publisher=Guardian Media Limited |access-date=27 October 2020}}</ref>
+On 27 October 2020, the central bank introduced polymer versions of the {{val|p=$|5}}, {{val|p=$|10}} and {{val|p=$|20}} notes. These notes were distributed to commercial banks on 2 November 2020. They also announced that the polymer notes of the {{val|p=$|1}} and {{val|p=$|50}} would be introduced in January 2021.<ref name="polymer51020">{{cite web |title=Polymer New Series - Public Notice 33x7 FC |url=https://www.central-bank.org.tt/sites/default/files/latest-news/new-series-public-notice.pdf |website=Central Bank of Trinidad and Tobago |access-date=27 October 2020}}</ref><ref name="polymer2tt">{{cite web |last1=Newsroom |first1=Guardian Media |title=New polymer notes from Monday |url=https://www.cnc3.co.tt/new-polymer-notes-from-monday/ |website=CNC3 |date=27 October 2020 |publisher=Guardian Media Limited |access-date=27 October 2020}}</ref>
-On 15 February 2021, the central bank introduced a polymer version of the {{val|p=$|1}} and a redesigned polymer {{val|p=$|50}} note.<ref>{{cite web |last1=Ghouralal |first1=Darlisa |title=New {{val|p=$|1}}, {{val|p=$|50}} polymer legal tender from next week |url=https://www.looptt.com/content/new-1-50-polymer-legal-tender-next-week |website=Loop TT |publisher=Loop News TT |access-date=15 February 2021}}</ref> The paper based notes will be discontinued on January 1, 2022.<ref>{{cite web |last1=Perez-Sobers |first1=Andrea |title=Central Bank removing five notes by January 1 |url=https://trinidadexpress.com/business/local/central-bank-removing-five-notes-by-january-1/article_6c102ea6-c592-11eb-affe-7f7c50ce36f9.html |website=T&T Express |access-date=27 October 2021}}</ref>
+On 15 February 2021, the central bank introduced a polymer version of the {{val|p=$|1}} and a redesigned polymer {{val|p=$|50}} note.<ref>{{cite web |last1=Ghouralal |first1=Darlisa |title=New {{val|p=$|1}}, {{val|p=$|50}} polymer legal tender from next week |url=https://www.looptt.com/content/new-1-50-polymer-legal-tender-next-week |website=Loop TT |publisher=Loop News TT |access-date=15 February 2021}}</ref> The paper based notes were discontinued on January 1, 2022.<ref>{{cite web |last1=Perez-Sobers |first1=Andrea |title=Central Bank removing five notes by January 1 |url=https://trinidadexpress.com/business/local/central-bank-removing-five-notes-by-january-1/article_6c102ea6-c592-11eb-affe-7f7c50ce36f9.html |website=T&T Express |date=4 June 2021 |access-date=27 October 2021}}</ref>
 All banknotes have the [[coat of arms of Trinidad and Tobago]] on the obverse and an image of the central bank on the reverse.
@@ Line 83: / Line 190: @@
 * {{val|p=$|20}} (purple)
 * {{val|p=$|50}} (gold)
 * {{val|p=$|100}} (blue)
-{{Exchange Rate|TTD}}
+{{Exchange Rate|TTD|EUR|JPY|USD}}
 == See also ==
@@ Line 96: / Line 203: @@
 == References ==
 {{refbegin}}
-* {{cite book |last=Brown |first=Deryck R. |publisher=[[Central Bank of Trinidad and Tobago]] |year=1989 |title=History of Money and Banking in Trinidad and Tobago from 1789–1989 |url=https://archive.org/details/historyofmoneyba0000brow |url-access=registration }}
+* {{cite book |last=Brown |first=Deryck R. |publisher=[[Central Bank of Trinidad and Tobago]] |year=1989 |title=History of Money and Banking in Trinidad and Tobago from 1789–1989 |isbn=9789768001450 |url=https://archive.org/details/historyofmoneyba0000brow |url-access=registration }}
 * {{numis cite SCWC | date=1991}}
 * {{numis cite SCWPM | date=1994}}
@@ Line 104: / Line 211: @@
 == External links ==
-* [https://web.archive.org/web/20111122035928/http://www.central-bank.org.tt/content/notes Pictures of Trinidad and Tobago banknotes]
+* [https://www.central-bank.org.tt/currency/about-notes-and-coins About Notes and Coins] at Central-Bank.org.tt
 {{dollar}}
@@ Line 111: / Line 218: @@
 {{DEFAULTSORT:Trinidad And Tobago Dollar}}
+[[Category:Currencies introduced in 1964]]
 [[Category:Currencies of the British Empire]]
-[[Category:Currencies of the Commonwealth of Nations]]
 [[Category:Currencies of the Caribbean]]
+[[Category:Currencies of Trinidad and Tobago]]
 [[Category:Dollar]]
 [[Category:Economy of Trinidad and Tobago]]
 [[Category:Fixed exchange rate]]
-[[Category:Currencies of Trinidad and Tobago]]
+[[Category:Circulating currencies]]
-[[Category:Currencies introduced in 1964]]

v t e Currencies named dollar or similar
Circulating	Australian dollar Bahamian dollar Barbadian dollar Belize dollar Bermudian dollar Brunei dollar Canadian dollar Cayman Islands dollar Cook Islands dollar Eastern Caribbean dollar Fijian dollar Guyanese dollar Hong Kong dollar Jamaican dollar Kiribati dollar Liberian dollar Namibian dollar New Zealand dollar Samoan tālā Singapore dollar Solomon Islands dollar Surinamese dollar New Taiwan dollar Trinidad and Tobago dollar Tuvaluan dollar United States dollar
Circulating, but renamed	Chinese yuan Ethiopian birr Malaysian ringgit
Defunct	Antigua dollar British Columbia dollar British North Borneo dollar British West Indies dollar Ceylonese rixdollar Confederate States dollar Continental dollar Danish rigsdaler Danish West Indian daler Danish West Indian rigsdaler Dominican dollar Dutch rijksdaalder Greenlandic rigsdaler Grenadian dollar Hawaiian dollar Japanese occupation dollar Kiautschou dollar Malaya and British Borneo dollar Malayan dollar Mauritian dollar Mongolian dollar Nevisian dollar New Brunswick dollar Newfoundland dollar Norwegian rigsdaler Norwegian speciedaler Nova Scotian dollar Penang dollar Prince Edward Island dollar Puerto Rican dollar Rhodesian dollar Saint Kitts dollar Saint Lucia dollar Saint Vincent dollar Sarawak dollar Sierra Leonean dollar Slovenian tolar Spanish dollar Straits dollar Sumatran dollar Swedish riksdaler Old Taiwan dollar Texas dollar Trinidadian dollar Tobagonian dollar Zimbabwean dollar Zimbabwean dollar (2019–2024)
Noncirculating	Niue dollar Pitcairn Islands dollar
Conceptual	Eurodollar Petrodollar International dollar (Geary–Khamis dollar)
Virtual	Linden dollar Project Entropia Dollar
Fictional	Angus Bucks
Private	Calgary dollar Canadian Tire money Disney Dollars Liberty dollar Salt Spring dollar Toronto dollar
See also	Dollar sign Half dollar Quarter dollar Holey dollar Thaler Tolar Trade dollar Zimbabwean bond coins Zimbabwean bond notes

v t e Currencies of the Americas
North	Bermudian dollar Canadian dollar Danish krone Euro Mexican peso U.S. dollar
Caribbean	Aruban florin Bahamian dollar Barbadian dollar Cayman Islands dollar Cuban peso Dominican peso East Caribbean dollar Euro Haitian gourde Jamaican dollar Netherlands Antillean guilder Trinidad and Tobago dollar U.S. dollar
Central	Bitcoin Belize dollar Costa Rican colón Guatemalan quetzal Honduran lempira Nicaraguan córdoba Panamanian balboa U.S. dollar
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Future	Caribbean guilder (from 2025)