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.
15/02/2013: Launch of New MUR Banknotes
New series of Mauritian Rupee banknotes were launched, featuring enhanced security features and updated designs, reflecting the rich cultural heritage of Mauritius.
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.
08/09/2007: Currency Reform and New Coinage System
A currency reform was implemented, introducing new coins denominated in cents, with the aim of streamlining and modernizing the monetary system.
03/08/1999: Establishment of Bank of Mauritius
Bank of Mauritius Act was enacted, establishing the central bank responsible for the formulation and implementation of monetary policy in the country.
01/07/1994: Conversion to Decimal Currency System
Mauritian Rupee adopted the decimal currency system, replacing the previous pound-based system, with 1 Rupee consisting of 100 cents.
17/05/1993: Introduction of Polymer Banknotes
Trinidad & Tobago introduced polymer banknotes to replace the traditional paper currency, enhancing security and durability.
01/07/1992: Introduction of Polymer Banknotes
Polymer-based banknotes were introduced in Mauritius, replacing the traditional paper notes, to improve durability and security against counterfeiting.
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.
01/10/1979: Decentralization of Currency Printing
Printing of Mauritian Rupee banknotes was decentralized from the Bank of England to Mauritius, leading to enhanced national monetary control.
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.
12/06/1967: Introduction of Mauritian Rupee
Mauritian Rupee was introduced as the official currency replacing the Mauritian Pound, with an initial exchange rate of 1 Rupee to 10 Shillings.
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.