The dollar was the currency of

Tobago Tobago () is an List of islands of Trinidad and Tobago, island and Regions and municipalities of Trinidad and Tobago, ward within the Trinidad and Tobago, Republic of Trinidad and Tobago. It is located northeast of the larger island of Trini ...

until 1814. The currency comprised various cut

Spanish dollar The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content ...

s and countermarked French colonial coins. The dollar was subdivided into 11 ''bits'', each of nine '' pence''. In 1814, sterling was established as the official currency of the island. Since 1905, dollars have once more circulated on Tobago, first the

Trinidad and Tobago dollar The Trinidad and Tobago dollar ( currency code TTD) is the currency of Trinidad and Tobago. It is normally abbreviated with the dollar sign $, or alternatively TT$ to distinguish it from other dollar-denominated currencies. It is subdivided i ...

, then the British West Indies dollar, before the

was reintroduced.

Coins

In 1798, eight-reales coins were holed, with the plug countermarked with a script letter "T" to make 1½ bits coins and the holed dollar issued as 11 bits pieces. Some French colonial coins were countermarked with "TB" to produce 1½ and 2¼ pence pieces.

References

* Modern obsolete currencies Economy of Grenada 1814 disestablishments in North America Currencies of Trinidad and Tobago {{Trinidad-and-Tobago-stub