TTD information
About Trinidad and Tobago Dollar (TTD)
The Trinidad and Tobago Dollar (TTD), introduced in 1964, is more than just the official currency of Trinidad and Tobago; it represents the nation's unique cultural diversity and its journey towards economic development. It is commonly abbreviated as TTD and represented by the symbol TT$. Replacing the British West Indies Dollar, the Trinidad and Tobago Dollar was established shortly after the country gained independence, marking a significant step in its pursuit of economic sovereignty.
Historical Background
The introduction of the Trinidad and Tobago Dollar was a key development in post-independence Trinidad and Tobago. It signified the nation's break from its colonial past and was instrumental in laying the groundwork for an independent monetary system. The Trinidad and Tobago Dollar was a manifestation of the new nation's aspirations to build a robust and diversified economy.
Design and Symbolism
The design of the Trinidad and Tobago Dollar reflects the country's rich history, cultural heritage, and natural beauty. Banknotes and coins feature images of notable historical figures, native wildlife, and landmarks. These designs do more than facilitate financial transactions; they narrate stories of the nation's past and present, fostering a sense of identity and pride.
Economic Role
The Trinidad and Tobago Dollar plays a central role in the nation’s economy, which is driven primarily by oil and natural gas production. As the primary medium of exchange, it supports these and other key sectors, including tourism, manufacturing, and services, enabling trade and investment. The stability of the Dollar is crucial for the country's economic health and investor confidence.
Monetary Policy and Stability
Managed by the Central Bank of Trinidad and Tobago, the Dollar has faced various economic challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency and control inflation, supporting sustainable economic growth and maintaining public confidence.
International Trade and the Trinidad and Tobago Dollar
In international trade, the value of the Dollar is crucial, particularly for Trinidad and Tobago's exports like petroleum, petrochemicals, and liquefied natural gas. A stable Dollar is essential for maintaining competitive export prices and attracting foreign direct investment.
Remittances and Economic Impact
Remittances from Trinidadians and Tobagonians living abroad, especially in the United States, Canada, and the UK, are a significant source of foreign income. These remittances, converted into Dollars, support many families and contribute to the national economy.
AST to TTD conversion rate trend
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | $0 | 0.0200% / 0.0320%  VIP 7 |
How to buy Absolute Sync
Buy AST (or USDT) for TTD (Trinidad and Tobago Dollar) offers
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell AST (or USDT) for TTD (Trinidad and Tobago Dollar) offers
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Absolute Sync to Trinidad and Tobago Dollar?
Absolute Sync to Trinidad and Tobago Dollar is falling this week.Conversion tables
The exchange rate of Absolute Sync is decreasing.AST to TTD
TTD to AST
Today vs. 24 hours ago
| Amount | 19:59 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AST | $0.00 | $-3.4346 | +150.51% |
| 1 AST | $0.00 | $-6.8691 | +150.51% |
| 5 AST | $0.00 | $-34.3457 | +150.51% |
| 10 AST | $0.00 | $-68.6914 | +150.51% |
| 50 AST | $0.00 | $-343.4571 | +150.51% |
| 100 AST | $0.00 | $-686.9142 | +150.51% |
| 500 AST | $0.00 | $-3434.5708 | +150.51% |
| 1000 AST | $0.00 | $-6869.1416 | +150.51% |
Today vs. 1 month ago
| Amount | 19:59 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AST | $0.00 | $216.08 | -97.42% |
| 1 AST | $0.00 | $432.16 | -97.42% |
| 5 AST | $0.00 | $2,160.81 | -97.42% |
| 10 AST | $0.00 | $4,321.62 | -97.42% |
| 50 AST | $0.00 | $21,608.09 | -97.42% |
| 100 AST | $0.00 | $43,216.18 | -97.42% |
| 500 AST | $0.00 | $216,080.92 | -97.42% |
| 1000 AST | $0.00 | $432,161.83 | -97.42% |
Today vs. 1 year ago
| Amount | 19:59 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AST | $0.00 | $32.72 | -85.13% |
| 1 AST | $0.00 | $65.45 | -85.13% |
| 5 AST | $0.00 | $327.24 | -85.13% |
| 10 AST | $0.00 | $654.48 | -85.13% |
| 50 AST | $0.00 | $3,272.38 | -85.13% |
| 100 AST | $0.00 | $6,544.76 | -85.13% |
| 500 AST | $0.00 | $32,723.81 | -85.13% |
| 1000 AST | $0.00 | $65,447.61 | -85.13% |
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