


JOD 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.
YAK to JOD conversion rate trend
YAK to JOD market statistics
More info about Yield Yak on Bitget
Current YAK to JOD exchange rate
Yield Yak to Trinidad and Tobago Dollar is falling this week.YAK to JOD Conversion tables
The exchange rate of Yield Yak is decreasing.YAK to JOD
JOD to YAK
YAK to JOD Today vs. 24 hours ago
Amount | 16:06 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 YAK | د.ا98.85 | د.ا99.59 | -0.74% |
1 YAK | د.ا197.7 | د.ا199.18 | -0.74% |
5 YAK | د.ا988.49 | د.ا995.91 | -0.74% |
10 YAK | د.ا1,976.99 | د.ا1,991.82 | -0.74% |
50 YAK | د.ا9,884.95 | د.ا9,959.12 | -0.74% |
100 YAK | د.ا19,769.9 | د.ا19,918.24 | -0.74% |
500 YAK | د.ا98,849.48 | د.ا99,591.2 | -0.74% |
1000 YAK | د.ا197,698.96 | د.ا199,182.41 | -0.74% |
YAK to JOD Today vs. 1 month ago
Amount | 16:06 today | 1 month ago | 1M change |
---|---|---|---|
0.5 YAK | د.ا98.85 | د.ا107.95 | -8.43% |
1 YAK | د.ا197.7 | د.ا215.91 | -8.43% |
5 YAK | د.ا988.49 | د.ا1,079.54 | -8.43% |
10 YAK | د.ا1,976.99 | د.ا2,159.09 | -8.43% |
50 YAK | د.ا9,884.95 | د.ا10,795.43 | -8.43% |
100 YAK | د.ا19,769.9 | د.ا21,590.86 | -8.43% |
500 YAK | د.ا98,849.48 | د.ا107,954.29 | -8.43% |
1000 YAK | د.ا197,698.96 | د.ا215,908.59 | -8.43% |
YAK to JOD Today vs. 1 year ago
Amount | 16:06 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 YAK | د.ا98.85 | د.ا178.54 | -44.63% |
1 YAK | د.ا197.7 | د.ا357.08 | -44.63% |
5 YAK | د.ا988.49 | د.ا1,785.42 | -44.63% |
10 YAK | د.ا1,976.99 | د.ا3,570.84 | -44.63% |
50 YAK | د.ا9,884.95 | د.ا17,854.19 | -44.63% |
100 YAK | د.ا19,769.9 | د.ا35,708.37 | -44.63% |
500 YAK | د.ا98,849.48 | د.ا178,541.87 | -44.63% |
1000 YAK | د.ا197,698.96 | د.ا357,083.75 | -44.63% |
How to convert YAK to JOD



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