26/03/2020: COVID-19 Pandemic
The COVID-19 pandemic caused economic disruptions, leading to a decline in tourism and affecting the exchange rate of the TTD.
01/01/2010: Removal of 1 cent coin from circulation
Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.
19/09/2008: Global Financial Crisis
The global financial crisis had a significant impact on the value of the Trinidad & Tobago Dollar and the country's economy.
01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories
The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.
01/01/2001: Issuance of New Banknotes and Coins
New banknotes and coins with enhanced security features were introduced to combat counterfeiting.
01/01/1999: Introduction of Cayman Islands Currency Law
The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.
01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar
The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.
17/05/1993: Introduction of Polymer Banknotes
Trinidad & Tobago introduced polymer banknotes to replace the traditional paper currency, enhancing security and durability.
27/07/1990: Attempted Coup d'État
An attempted coup d'état took place in Trinidad & Tobago, causing economic instability and impacting the value of the TTD.
31/12/1983: Floatation of the Trinidad & Tobago Dollar
Trinidad & Tobago abandoned the fixed exchange rate system, allowing the TTD to float freely against other currencies.
07/06/1976: Central Bank of Trinidad and Tobago Established
The Central Bank of Trinidad and Tobago was established, becoming the country's central monetary authority.
07/11/1974: Creation of the Cayman Islands Monetary Authority
The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.
01/01/1972: Introduction of Cayman Islands Dollar
The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.
01/01/1964: Introduction of the Trinidad & Tobago Dollar
The Trinidad & Tobago Dollar was introduced as the official currency, replacing the British West Indies Dollar.