DBA to TTD Converter and calculator


Conversion rates
Convert DBA to TTD
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DBA to TTD chart
DBA to TTD conversion data: Volatility and price changes of Digital Bank of Africa in TTD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.07511 TTD | 0.07526 TTD | 0.08759 TTD | 0.4753 TTD |
Low | 0.07463 TTD | 0.07463 TTD | 0.06369 TTD | 0.03493 TTD |
Average | 0 TTD | 0 TTD | 0 TTD | 0 TTD |
Volatility | % | % | % | % |
Change | -0.14% | -0.58% | -11.84% | +41.72% |
Digital Bank of Africa information
DBA to TTD market statistics
Current DBA to TTD exchange rate
Digital Bank of Africa to Trinidad and Tobago Dollar is falling this week.More info about Digital Bank of Africa on Bitget
Trinidad and Tobago Dollar 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.
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DBA to TTD Conversion tables
Amount | 00:16 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DBA | TT$0.03739 | TT$0.03744 | -0.14% |
1 DBA | TT$0.07478 | TT$0.07489 | -0.14% |
5 DBA | TT$0.3739 | TT$0.3744 | -0.14% |
10 DBA | TT$0.7478 | TT$0.7489 | -0.14% |
50 DBA | TT$3.74 | TT$3.74 | -0.14% |
100 DBA | TT$7.48 | TT$7.49 | -0.14% |
500 DBA | TT$37.39 | TT$37.44 | -0.14% |
1000 DBA | TT$74.78 | TT$74.89 | -0.14% |
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