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GENERAL ARTICLES

THE DOLLAR FROM A TO Z

by Patrick J. Curan

Posted January, 2000
 

There are now 36 governments that use the DOLLAR as their monetary unit.  Some of these governments share one currency, while in other cases a government will use the currency of another nation rather than issue a currency of their own.

Thus, the Australian Dollar is used by Kiribati and Tuvalu, while the United States Dollar is used by the British Virgin Islands, the Marshall Islands, Palau, Turks and Caicos, Panama (although Panama uses the term "Balboa" as it's monetary unit on coins), and Liberia, which has from time to time issued it's own dollar notes.

The island nations of Anguilla, Antigua, Dominica, Grenada, Montserrat, St. Kitts, St. Lucia and St. Vincent all join in issuing the East Caribbean Dollar.

To complete a set of the world's Dollar notes, one must collect 22 different ones - and they make a very colorful display.  Compared to the value of the U.S. Dollar, only one dollar has a greater value, the Cayman Islands Dollar is worth US$1.20, while the Guyana dollar is worth only US$0.006.

Approximate value of the local Dollar in U.S. Dollars:

Australia

.66

Guyana

.006

Bahamas

1.00

Hong Kong

.13

Barbados

.50

Jamaica

.03

Belize

.50

Liberia (own issue)

.03

Bermuda

1.00

Malaysia

.26

Brunei

.59

New Zealand

.56


Security Features

Security Thread - In the same position on the left half of the notes running top to bottom.

 

Water Marks:
a)  Bird of paradise - of a more elaborate design in the right half of the note.
b)  Denomination - the denomination of the note appears in the right half of the note at intervals running from top to bottom.

Florescent Ink

a)  The vignette of Birds on the left front.
b)  Present at the back of the note running top to bottom on the left part when looked at from the back.  This is for the internal use of the Central Bank.

Latent Image

The letters CBTT are visible below the Coat of Arms when the note is held at an angle to the light and viewed from the lower edge of the note.

Extra Small Print

"Central Bank of Trinidad and Tobago" is repeated in a continuous line of letters below the Coat of Arms.  The line is visible with the use of a magnifying lens.

General Printing

Front Multicolor intaglio, litho, and letter press.
Back - monochrome, itaglio, litho.

Signature

Euric Bobb, Governor, (first signer of this issue).


Design

Denomination

 

$1

The same basic red color with variations.  The Coat-of-Arms of Trinidad and Tobago are in the middle on the front of the note and a pair of Scarlet Ibis birds are at the left.

The back of the note carries a drawing of the Financial Complex in the middle with a vignette on the right of an energy based plant.

$5

Primary green with variations.  The Coat-of-Arms appears on the front in the middle of the note with a portrait of the mot-mot bird on the left.

The back carries the drawing of the Financial Complex in the middle with a market scene on the right.

$10

Primarily a grey color with variations.  The Coat-of-Arms again appears on the front with the Cocrico Bird at the left.

The back of the note carries the Financial Complex in the middle with a port scene at the right.

$20

Primarily purple with variations.  The Coat-of-Arms appears on the front in the middle with a feeding Humming Bird in green on the left.

The back of the note bears the drawing of the Financial Complex in the middle with an arragement of steel-pans on the right.

$100

Primarily blue with variations.  A Bird of Paradise in brown appears on the front to the left of the Coat-of-Arms.

On the back of the note, a Marine Platform appears on the right of the drawing of the Financial Complex.

Courtesy:  Central Bank of Trinidad and Tobago.

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