What is the currency in Trinidad and Tobago?
Trinidad and Tobago dollar
Trinidad and Tobago entered a currency union with other Caribbean nations after World War II. The currency of the union (see next paragraph) was replaced by the modern Trinidad and Tobago dollar in 1964, two years after the nation's independence in 1962. The Trinidad and Tobago dollar was launched, and had become the sole currency by 1967.
Trinidad and Tobago
Trinidad and Tobago is the most developed nation and one of the wealthiest in the Caribbean and is listed in the top 40 (2010 information) of the 70 high-income countries in the world. Its gross national income per capita of US$20,070 (2014 gross national income at Atlas Method) is one of the highest in the Caribbean. In November 2011, the OECD removed Trinidad and Tobago from its list of developing countries. Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not as proportionately important as in many other Caribbean islands. Agricultural products include citrus and cocoa.