Historic Trinidad & Tobago Dollar Azerbaijani manat

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

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.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

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.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

17/05/1993: Introduction of Polymer Banknotes

Trinidad & Tobago introduced polymer banknotes to replace the traditional paper currency, enhancing security and durability.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.

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.