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.
16/12/2016: Demonetization of 50 Rupee Note
The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.
01/01/2010: Decimalization of Rupee
The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.
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.
17/08/2005: Series of New Banknotes
A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.
01/06/2001: Introduction of 10 Rupee Coin
The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.
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.
01/07/1977: Floating Exchange Rate
Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.
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.
22/05/1972: Ceylon becomes Sri Lanka
The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).
22/06/1966: Introduction of the Ceylon Rupee
The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.
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.