Trinidad and Tobago Dollar

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Trinidad and Tobago Dollar

The currency of Trinidad and Tobago. It was introduced in 1964, replacing the East Caribbean dollar at par. While it was originally pegged to the British pound, it is now pegged to the U.S. dollar.
References in periodicals archive ?
This means that there has been a decline in the purchasing power of the TT dollar because of a high level of currency circulation within the economy.
The oversupply of money in the local economy became more apparent as the Central Bank selling rate of the US dollar fell, causing an appreciation in the TT dollar, reports The Trinidad Guardian (June 7, 2002).
And their displays have been rewarded by the government with each player receiving one million TT dollars and the Chaconia Gold Medal - the second-highest accolade which can be awarded.