Central Bank Of Trinidad And Tobago 1 Dollar
The Central Bank of Trinidad and Tobago has been the sole issuer of currency in the country since it was established in 1964. The bank issues a variety of banknotes and coins, including the 1 dollar note.
The Design
The 1 dollar note features the national flag of Trinidad and Tobago on the front. The back of the note features the Central Bank building, which is located in the capital city of Port of Spain.
The note is predominantly red in color and measures 140mm by 70mm. It is made of polymer, which makes it more durable and resistant to counterfeiting than traditional paper notes.
The Security Features
The 1 dollar note has several security features that make it difficult to counterfeit. These include a holographic stripe, watermark, and raised print. The holographic stripe contains images of the national flag and the Central Bank building, which can be seen when the note is tilted.
The watermark is visible when the note is held up to the light. It contains a portrait of the national bird, the Scarlet Ibis, and the denomination of the note. The raised print can be felt when the note is touched and helps to distinguish it from counterfeit notes.
The History
The 1 dollar note has been in circulation since 1964 when the Central Bank of Trinidad and Tobago was established. Over the years, the design of the note has undergone several changes to incorporate new security features and updates to the national flag and Central Bank building.
Today, the 1 dollar note remains an important part of the country's currency and economy. It is widely used for small transactions and is accepted by most businesses in the country.
Conclusion
The Central Bank of Trinidad and Tobago 1 dollar note is an important part of the country's currency and economy. Its design and security features make it difficult to counterfeit, while its durability and resistance to wear and tear make it ideal for everyday use. Whether you're a local or a visitor to Trinidad and Tobago, you'll likely come across this note in your daily transactions.